Student Loan Forgiveness Archives

The Student Loan Forgiveness Risks from Refinancing

Refinancing student loans is a great way to lower interest rates and monthly payments. Unfortunately, this move may negatively impact student loan forgiveness options.

Four Fixes for Biden’s Expanded Public Service Loan Forgiveness

The limited waiver is a huge break for PSLF borrowers with repayment plan and loan eligibility issues. Unfortunately, this fix overlooked a few major issues.

Should I Pay Extra on My Income-Driven Repayment (IDR) Plan?

Paying extra on IDR plans like IBR, PAYE and REPAYE is a risky choice for many student loan borrowers, especially those chasing student loan forgiveness.

Should I Wait for Debt Cancellation or Student Loan Forgiveness for All?

Many top Democrats are calling for President Biden to erase student debt with a stroke of his pen. Waiting to pay off your student loans might make sense for some borrowers.

Consolidation of FFEL Federal Loans for Student Loan Forgiveness

New rules mean borrowers with FFEL loans can qualify for Public Service Student Loan Forgiveness, but consolidation is a required first step.

Expanded PSLF Means Huge Refunds for Some Borrowers

The recent changes to Public Service Loan Forgiveness may mean that borrowers who had FFELP or Perkins loans get a huge refund.

Does Deferment or Forbearance Time Count for Student Loan Forgiveness?

Time on a deferment or forbearance usually doesn’t count towards student loan forgiveness, but there is one massive exception to the rule and one temporary exception.