Federal Student Loans Review – The Pros and the Cons of Federal Loans

Michael Lux Student Loan Blog, Student Loan Reviews 0 Comments

Editor’s Note: Today’s review of federal student loans will cover all federal loans, including direct, subsidized, unsubsidized, and Graduate PLUS loans. The one type of loan not covered in this review will be Parent PLUS loans as these loans are significantly different from the other federal loans. Student loan experts and …

Opinion: It is Time for the Government to Automate Income-Driven Repayment Certification

Michael Lux Opinion, Student Loan Blog 0 Comments

Each year, borrowers on income-driven student loan repayment plans are required to certify their income. In most cases, borrowers authorize the Department of Education to access their most recent tax return. This information is used to calculate monthly payments for the next year. While the income certification process is relatively …

Trump Freezes Student Loan Interest: The Details We Know So Far

Michael Lux News, Strategy, Student Loan Blog 0 Comments

On Friday, March 13, President Trump announced that he was pausing student loan interest “until further notice” to help support a slumping economy. At this point, many of the details are still being worked out. The Department of Education is awaiting instructions from the White House while the nine federal …