The Pros and Cons of Chasing After Student Loan Forgiveness

Michael Lux Student Loan Blog, Student Loan Forgiveness 0 Comments

Chasing after student loan forgiveness seems like an obvious decision. Student debt disappearing is far preferable to the painful process of repayment in full. However, if we look beyond the obvious, there are significant pros and cons to going after student loan forgiveness. Student loan forgiveness comes in many forms. …

Student Loan Forgiveness: Policy Concerns & Unintended Consequences

Michael Lux Analysis, Student Loan Blog 0 Comments

Student loan forgiveness programs like Income-Driven Repayment and Public Service Loan Forgiveness are very popular with borrowers. These programs provide an excellent lifeline to borrowers in need. However, the unintended consequences of student loan forgiveness present major concerns from a policy standpoint. This article will focus on the concerns of …

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Expert Review of the Pete Buttigieg Student Loan Plan

Michael Lux Opinion, Student Loan Blog 0 Comments

Throughout the 2020 Democratic primary process, Mayor Pete Buttigieg has positioned himself as the moderate of the field. The Buttigieg plan for student loans is no exception. Unlike candidates Elizabeth Warren and Bernie Sanders, who are promising massive student loan forgiveness, Buttigieg’s approach is to make life with student debt …

Avoiding marriage for public service loan forgiveness

Waiting on Getting Married to Chase Public Service Loan Forgiveness

Michael Lux Student Loan Blog 0 Comments

The dirty little secret of student loan debt is that there can be a very real penalty to getting married. Student loan forgiveness programs, such as Public Service Loan Forgiveness, require a borrower to enroll in an Income-Driven Repayment (IDR) Plan.  The benefit of an IDR plan, is that borrowers …

public service loan forgiveness and IDR issues

Mega-Mailbag: PSLF Issues and Income-Driven Repayment Considerations

Michael Lux Mailbag, Student Loan Blog 0 Comments

In this giant mailbag we will be covering a range of student loan questions: everything from Cost of Attendance issues to the timing of an Income-Driven Repayment Plan request.  We also have a few Public Service Loan Forgiveness questions to cover as well. If you have a question for the …

public service loan forgiveness employer eligibility

How do I know if my Employer is Eligible Public Service Loan Forgiveness?

Michael Lux Basics, Student Loan Blog 11 Comments

This week we received an email from Dave, who is concerned his employer may not be eligible for Public Service Loan Forgiveness (PSLF). Today we will discuss how to determine PSLF employer eligibility and specific steps to take. If you have a question for the Sherpa, feel free to ask …