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

Michael Lux Blog, News, Strategy 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 …

clock countdown

Do I Pay Off My Loans or Wait for Forgiveness from Sanders or Warren?

Michael Lux Blog, Strategy 1 Comment

Editor’s Note: This article has been updated on January 16, 2020, to reflect Senator Warren’s plan to forgive student debt without Congressional approval. Now that Bernie Sanders and Elizabeth Warren have both proposed massive student loan forgiveness, it introduces a complicated situation for borrowers. Traditionally, paying off student loans aggressively …

plan B on student loan forgiveness for all

Eight Alternatives to Student Loan Forgiveness for All

Michael Lux Blog, Opinion 0 Comments

Editors Note: This article was originally published June 25, 2019. It has since been updated to include details on candidate proposals. The hot political debate right now is whether or not student loan forgiveness for all borrowers is a good idea. Presidential candidates Elizabeth Warren and Bernie Sanders both have released …