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.
New rules mean borrowers with FFEL loans can qualify for Public Service Student Loan Forgiveness, but consolidation is a required first step.
The Department of Education has announced major changes to PSLF that will be life-changing for many public service student loan borrowers.
FFEL Loans are federal loans from private lenders. This debt can become eligible for student loan forgiveness and income-driven repayment.
FFEL student loans can be a major hurdle for borrowers trying to qualify for Public Service Loan Forgiveness.
Federal direct consolidation is an essential move for some student loan borrowers and a huge mistake for others.
Many FFEL loans don’t qualify for the Covid-19 interest freeze. Federal Direct Consolidation can fix this issue for some borrowers.
Federal student loans and Federally Held student loans sound very similar, but slight differences between the two terms can add up to real money for borrowers.