Below you'll find a list of all posts that have been tagged as “student loans”
When it comes to federal student loan repayment plans, there isn’t a plan that is definitively the best. Some plans work great in certain circumstances, while others excel under different conditions. Today we will take a deep dive into the federal student loan repayment plans and various options avaialble. For …
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 …
Great Lakes Higher Education, commonly called MyGreatLakes, is one of the largest servicers of federal student loans. Though Great Lakes does not directly provide consolidation or refinancing services, it is still possible to refinance loans with Great Lakes. The big question for borrowers to decide is whether or not this …
When this blog was first created, just over five years ago, my goal was to make student loan management just a bit easier. Figuring out how to deal with my law school debt was way more complicated than necessary, and I figured that I could post a few articles and …
Refinancing student loans is an excellent way to reduce the monthly interest rate on student debt. Lowering interest rates can reduce the total cost of the loan and potentially free up extra cash each month. Unfortunately, getting approved for a student loan refinance can be really difficult for the borrowers …
It is soapbox time here at the Student Loan Sherpa. Most of our time is spent offering suggestions and strategy to borrowers, but today we have some suggestions for lenders and federal student loan servicers. Automatic payments are one of those things that make life easier for borrowers and for …
Student loan debt in the United States is now climbing past $1.5 trillion. Not only are there more borrowers, but on average they owe more. Some in the media portray hitting this milestone as no big deal, or even a potentially good thing, while others proclaim doom and gloom. For …
Article Updated 8/15/17 to include the latest available interest rate information. SoFi and LendKey are both premium student loan refinancing and consolidation companies. At present they are ranked first and second out of 18 lenders in our student loan refinance rankings. How is a borrower to pick the best lender? …
In today’s Sherpa Mailbag we take a look at Jane’s repayment strategy. She will be starting a PSLF eligible job in a few months and is trying to decide what needs to get done now and what should wait until she is earning a paycheck. If you have a question about …
Student loans are often the subject of confusion. To some, they are all pretty much the same. To others, student loans are incredibly complicated and difficult to understand. Before jumping into repayment strategy and digging into tips and tricks for eliminating the debt, it is critical that a borrower understand …
