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Home The Blog how to guides

Tag Archive

Below you'll find a list of all posts that have been tagged as “how to guides”

parents can get lost with all the repayment options on plus loans

How to Repay Parent PLUS Loans

Michael Lux December 4, 2019 Student Loan Blog 2 Comments

Parent PLUS loan repayment appears to be very complicated. Unlike nearly all other forms of student debt, the money is borrowed by the parent and not the student.  This makes federal program eligibility confusing.  These issues are present in repayment plan selection, student loan forgiveness options, and when making strategy …

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how to guideslower paymentsparentsrepayment
student loan borrowers have the power to fight back against lenders

How to Fight Back Against a Predatory Lender

Michael Lux April 11, 2019 Student Loan Blog 0 Comments

There is something very satisfying about the pursuit of justice. When someone — or some company — takes advantage of you, there are feelings of regret, shame, and anger.  One of the most productive ways of dealing with that pain is to take action to help others avoid the same …

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Debt Collectionhow to guidesstrategy
man stares at computer as he considers consolidating to help his credit score

Guide to Re-Certifying IBR and PAYE Payments

Michael Lux March 5, 2015 How to Guides, Student Loan Blog, Student Loans 2 Comments

Being able to sign up for an Income Based Repayment Plan is a huge perk to federal loans.  However, IBR and PAYE are not plans that you can just sign up for and forget about.  In order to stay on your income based repayment plan, it is required that you …

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Photo of Student Loan Expert Michael LuxStudent loan expert Michael Lux is a licensed attorney and the founder of The Student Loan Sherpa.

The Student Loan Sherpa was created in 2013 to help borrowers manage the financial and mental strain of student debt.  It also serves as a platform for borrower advocacy and education.

Insight from Michael Lux has been featured in US News & World Report, Forbes, The Wall Street Journal and numerous other online and print publications.

Michael is available for speaking engagements and to respond to press inquiries.

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Dealing with student loans can be scary and overwhelming. By offering insight that can only come from experience, we hope to make it a little more manageable.

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