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.
Student loan forgiveness can be life-changing—if you play your cards right. This section covers the latest forgiveness programs, PSLF tips, legal updates, and how to avoid scams or costly mistakes.
Refinancing student loans is a great way to lower interest rates and monthly payments. Unfortunately, this move may negatively impact student loan forgiveness options.
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.
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.
New rules mean borrowers with FFEL loans can qualify for Public Service Student Loan Forgiveness, but consolidation is a required first step.
The recent changes to Public Service Loan Forgiveness may mean that borrowers who had FFELP or Perkins loans get a huge refund.
It is ridiculous to argue that student loan forgiveness is a handout for the wealthy or a program that doesn’t benefit most Americans.
Some PSLF issues can be corrected with ease. In other cases, a PSLF application rejection means starting from scratch.
Qualifying for Public Service Loan Forgiveness isn’t automatic, but a few minutes of time can help ensure that you don’t miss out.
Public Service Loan Forgiveness takes ten years, but the 120 certified payment requirement is much more accurate.