Unlocking the Parent PLUS Double Consolidation Loophole: Navigating Benefits and Risks
The rewards are huge – lower monthly payments and more loan forgiveness, but the double consolidation loophole isn’t right for everyone.
Latest Posts in SAVE
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 Government is Paying Student Loan Interest for Millions of Borrowers: Learn How to Qualify
A small change to the IDR payment options has created an opportunity for borrowers to get student loan interest relief.
Why 40% of Federal Borrowers Missed Their October Payments
8.8 million federal borrowers haven’t paid their October bill, and affordable payments may not be the biggest issue.
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.
Federal Student Loans in Retirement: Monthly Payment Calculations, Forgiveness, and Estate Planning
Federal student loan perks provide borrowers with valuable protections during retirement.
Will SAVE Survive Long-Term After Nearly Getting Defeated in the Senate?
Borrowers on SAVE will soon have political and legal protections that should keep the repayment plan available for many years to come.
Consolidation Undo: Seperating Parent PLUS Loans from Consolidated Loans
Some consolidation mistakes limit repayment plan and forgiveness options. Borrowers who got bad advice from servicers deserve help.
The Best Student Loan Repayment Plan for Getting a Mortgage and Buying a House
The best federal student loan repayment plan for mortgage applications is usually — but not always — the one with the lowest monthly payment.