Student Loan Forgiveness is Probably Happening: What to do Right Now
Now is the time to tweak your federal loans to make sure you maximize any upcoming student loan forgiveness.
A smart strategy to repay your student loans can save thousands of dollars on interest and eliminate loans years earlier than planned.
Written By: Michael P. Lux, Esq.
Published:
A smart strategy to repay your student loans can save thousands of dollars on interest and eliminate loans years earlier than planned.
Written By: Michael P. Lux, Esq.
Published:
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.
Now is the time to tweak your federal loans to make sure you maximize any upcoming student loan forgiveness.
40,000 are about to get their remaining student loan balance forgiven, and millions more will move closer to IDR loan forgiveness.
Lenders often charge borrowers far more than what they originally borrowed because of interest and fees, but sometimes extra costs are avoidable.
If money is tight, there are several student loan strategies that can be used to make student debt more manageable.
After multiple extensions, do borrowers have a reason to hope for even more help?
One month before the scheduled repayment restart and Biden still has not announced what is next for student loan borrowers.
Inflation often means higher student loan payments for borrowers. However, interest rates increases are avoidable.
Consolidating and refinancing are both options to streamline repayment and quickly eliminate Aidvantage student loans, but it is critical to make the right selection.
Proposed legislation from Congressional Republicans would end the federal student loan interest and payment pause.