transformation loading

How to Convert Private Student Loans into a Federal Student Loan

Michael Lux Repayment, Student Loan Blog 0 Comments

Federal student loans have the best repayment plans and options for student loan forgiveness. As a result, converting private student loans into federal loans can be a really smart idea. Unfortunately, there isn’t a simple procedure or mechanism to turn private loans into federal loans. Borrowers that wish to turn …

What Happens to Undergraduate Student Loans during Grad School?

Michael Lux Planning for College, Student Loan Blog 3 Comments

Dealing with undergraduate student loans can be tricky during grad school. The transition from undergrad to graduate school often includes attending a new school, a break between classes, and employment changes. These adjustments can make managing student loans complicated. The good news for most grad students is that many of …

Paying Off Student Loans on an Average Income – The Mindset to Survive

Michael Lux Strategy, Student Loan Blog 0 Comments

For borrowers that are neither wealthy nor poor, eliminating student debt can be difficult. Paying off student loans does not have to take decades. There are many strategies for middle-income borrowers to erase student debt. The situation is difficult, but it can be managed. here are excellent resources out there …

Multiple Student Loan Refinance: the Costs, the Lenders and How to Avoid a Mistake

Michael Lux Strategy, Student Loan Blog 0 Comments

Refinancing a refinance student loan might sound redundant, but it is an excellent way for borrowers to eliminate debt more efficiently. Not all borrowers should try to refinance their student loans a second time, but in many circumstances, the permitted extra refi can save a bundle and provide some financial …

How to Live with Federal Student Loans you Can’t Afford to Pay Back

Michael Lux Strategy, Student Loan Blog 4 Comments

Repayment of student loans can be brutal. Interest accrues daily, servicers offer little help, and large segments of the population blame borrowers for their debt even though college has never been more important or more expensive. A growing percentage of student loan borrowers have reached the point where they realize …