Below you'll find a list of all posts that have been tagged as “student loans”
The biggest concern for a student, or parent, about college financing should be keeping student debt under control. Full scholarships to play football would be ideal, but not everyone is able to get their education paid for. As the price of education continues to grow, student loans have never been …
As more and more Americans face a very serious student loan burden, politicians have made student debt a key issue in the 2020 Presidential Campaign. The most noteworthy student loan proposals have come from candidates Bernie Sanders and Elizabeth Warren. Though there are a few key differences with their plans, …
Dealing with a student loan issue can be terribly frustrating. Errors are all too common, and when they do happen, they can be very difficult to fix. Of all the reader emails we receive, the most common boils down to the following: Sallie Mae/Navient did X… they should have done …
Earlier this year, Elizabeth Warren made headlines by announcing a plan to forgive student debt for most borrowers, up to $50,000. The plan earned praise from many on the left and criticism from many on the right. Bernie Sanders entered the discussion by making a large student debt forgiveness proposal …
If you are on an income driven student loan repayment plan, such as IBR, PAYE or REPAYE you may know that your payments are based upon your “discretionary income”. Clever minds may wonder what exactly is “discretionary income” and how do I lower it so that I can get lower …
Most private lenders advertise cosigner release programs. The advertising pitch is usually all the same… sign up with our loan, get a cosigner, and then when your credit is good we will “release” the cosigner from the loan. It is an effective sales pitch, because it encourages cosigning for loans. …
Are you thinking about deferring your student loans for a few months? A deferment (or a forbearance) may seem like a good idea, but it is almost always a mistake. In fact, there is really only one type of circumstance in which a deferment is a smart decision. Reasons you …
Yesterday we received an email from someone considering selling off his condo in order to pay off all of his student loans. While we have heard of many extreme measures taken to pay off student loans, this one might take the cake. The idea of parting with your home to …
Many student loan borrowers find themselves in a difficult situation. They might be able to pay part of their student loan bill, but there are not able to make the full monthly payment. Does a partial payment help? Will lenders be more understanding of the borrowers who make an effort to stay …
The average student loan borrower knows first hand how difficult it can be to buy a home when saddled with student debt. Some student loan borrowers struggle to set aside money for a down payment. Others struggle to get approval on a mortgage because of their existing debt. In many …
