The Complete Guide to Federal Direct Student Loan Consolidation
Federal direct consolidation is an essential move for some student loan borrowers and a huge mistake for others.
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.
Federal direct consolidation is an essential move for some student loan borrowers and a huge mistake for others.
Early SAVE forgiveness sounds simple, but there are complications for borrowers with larger balances, FFEL Loans and Parent PLUS Loans.
Putting money in a retirement account can mean lower student loan payments and more student loan forgiveness.
A small change to the IDR payment options has created an opportunity for borrowers to get student loan interest relief.
If your federal student loan balance suddenly drops to zero, there are several logical reasons that might explain what happened.
8.8 million federal borrowers haven’t paid their October bill, and affordable payments may not be the biggest issue.
In a few weeks, a little known deadline will pass and many borrowers will miss out on a great opportunity for quicker student loan forgiveness.
The newly announced SAVE plan will eliminate or change most of the income-driven repayment plans currently available.
A few simple steps will help ensure that servicer errors don’t result in high payments or extra interest spending.