SoFi’s Lawsuit to End Payment Pause is Great News for Joe Biden
SoFi’s decision to file a lawsuit to end the student loan pause seems like a questionable business decision, but it puts Joe Biden in a win-win situation.
There is a long list of resources to knock out federal and private student loans. For many borrowers, the ideal approach will be a combination of some of the programs below.
If you are brand new to student loan repayment, this guide is a helpful starting point.
SoFi’s decision to file a lawsuit to end the student loan pause seems like a questionable business decision, but it puts Joe Biden in a win-win situation.
College doesn’t work out for every student. Dealing with student debt in this situation can be especially frustrating, but there is usually a path forward.
Between temporary programs and alternative calculations, it isn’t easy to identify all of the repayment plans eligible for PSLF.
Rapidly increasing interest rates make student loan repayment especially difficult. These strategies will help keep things manageable.
Student loan calculators can simplify things, but they don’t always give borrowers the results they need.
Years of minor changes eventually made it nearly impossible to discharge student loans in bankruptcy, but for the first time in years, borrowers may now have reason for optimism.
With some temporary federal student loans programs over, or nearly complete, borrowers have to track several different moving targets.
A new Department of Justice policy will make it significantly easier for federal borrowers to get bankruptcy relief on their student loans.
There is a lot to like about the proposed new IDR plan, but a closer inspection shows some room for improvement.