Student Loan Relief Ignored in New Stimulus Bill: Don’t Panic Yet

Michael Lux Analysis, Student Loan Blog 0 Comments

Today Congress will be passing a new Covid-19 related stimulus bill. Unfortunately, the relief doesn’t include an extension of the 0% interest and payment freeze on federal student loans. Earlier versions of the bi-partisan legislation included an extension on the federal student loan payment and interest suspension currently set to …

The Impact of the Federal Interest and Payment Freeze on Loan Forgiveness (UPDATED)

Michael Lux Analysis, Student Loan Blog 0 Comments

Editor’s Note: This article was originally published on August 10, 2020. It has been updated to include new guidance on student loan forgiveness and the interest freeze provided by the Department of Education. The Coronavirus pandemic has caused the federal government to take unprecedented steps to help borrowers manage their …

Refinance Lender Transparency Review: Who is Offering the Best Covid-19 Advice?

Michael Lux Opinion, Student Loan Blog 0 Comments

Editor’s Note: The initial lender reviews for this article took place on August 3rd, 2020. If a refinance company takes steps to provide better guidance to borrowers, its grade will be updated accordingly. Businesses love to brag about how they do the right thing and put consumers first. Sadly, this …