Student Loan Sherpa Repayment Guide

A smart strategy to repay your student loans can save thousands of dollars on interest and eliminate loans years earlier than planned.

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Written By: Michael P. Lux, Esq.

Published:

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Student Loan Sherpa Repayment Guide

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:

The Tools to Eliminate Student Debt

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.

Student Loan Forgiveness

Repayment Plans

Cosigner Tools

Sherpa Tips and Strategy

Consolidation

Lower Payments

The Latest Student Loan Repayment News and Tips:

Borrowers evaluate options for IBR, ICR, PAYE or waiting.

Should I Switch Out of the SAVE Plan?

With the SAVE plan ending, borrowers in administrative forbearance need to act fast. Switching to IBR, ICR, or PAYE resumes forgiveness progress, prevents balances from growing, and may preserve temporary tax-free treatment for those who’ve already reached the 20- or 25-year forgiveness threshold. Learn what steps to take before December 31, 2025.

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