Biden Administration Extends Student Loan Consolidation Deadline
The terms of the one-time account adjustment deadline are a bit complicated, but consolidation right now is a big opportunity for many federal student loan borrowers.
Latest Posts in IDR
SAVE vs PAYE and IBR: Payment Caps, Partial Financial Hardships and More
For high-earners, monthly payments on SAVE might eventually grow larger than PAYE and IBR. Does this make SAVE a risk?
Early Forgiveness Under SAVE: Understanding Loan Size Limits and Other Fine Print
Early SAVE forgiveness sounds simple, but there are complications for borrowers with larger balances, FFEL Loans and Parent PLUS Loans.
The Department of Education Needs to Extend the One-Time Payment Count Adjustment Deadline
In a few weeks, a little known deadline will pass and many borrowers will miss out on a great opportunity for quicker student loan forgiveness.
How SAVE Changed Income-Driven Repayment: Goodbye to REPAYE, PAYE, IBR, and ICR
The newly announced SAVE plan will eliminate or change most of the income-driven repayment plans currently available.
Lower Payments on SAVE vs Faster Forgiveness on PAYE or IBR
For graduate borrowers, SAVE isn’t always the best student loan repayment plan. Some people might be better off with quicker forgiveness on PAYE or IBR.
Switching to SAVE or REPAYE and Restarting Forgiveness Progress
Many borrowers worry that changing income-driven repayment plans will result in starting from scratch on the path to student loan forgiveness.
Lawsuit Filed to End SAVE Repayment Plan/One-Time IDR Account Adjustment
A new lawsuit has student loan borrowers nervous. Should there be concern over the future of SAVE and the one-time IDR account adjustment?
Federal Consolidation and the Student Loan Forgiveness Clock
Federal direct consolidation can have a huge influence on the IBR and PSLF loan forgiveness clocks.