Below you'll find a list of all posts that have been tagged as “student loans”
The student loan refinance rates offered in November 2020 are near record lows. The federal student loan interest and payment freeze continues to impact the refinance marketplace. Because of the freeze borrowers are advised not to refinance federal loans at this time. As a result, the only people refinancing are …
Life for student loan borrowers could be dramatically different now that Joe Biden has been elected President. Predicting what might change and what will stay the same requires a bit of guesswork, but other predictions come with a high degree of confidence. As a candidate, Joe Biden released a detailed …
In theory, it should be easy to end procrastination on your student loan issues. After all, each day that passes means more interest and more debt. In reality, overcoming procrastination on student debt can be a huge challenge. Managing student loans can be overwhelming and frustrating. Add rude or unhelpful …
Federal student loans have the best repayment plans and options for student loan forgiveness. As a result, converting private student loans into federal loans can be a really smart idea. Unfortunately, there isn’t a simple procedure or mechanism to turn private loans into federal loans. Borrowers that wish to turn …
Not everyone finishes school and steps directly into their first “real” job. Before the real work starts, there are often periods of job searching, temp work, unemployment, funemployment, and desperation. During this time, managing student loans for many is a game of whack-a-mole. Borrowers do what they can to keep …
When I finished college, my first job paid $15 per hour. Repaying student loans seemed impossible. I knew I wasn’t going to be one of those people who eliminated their student debt in mere months. I was worried that I might never be able to pay back my loans. Fortunately, …
The differences between a federally-held student loan and a federal loan have never been more important. Federally held loans are eligible for programs like Public Service Forgiveness. Federally held loans are the only loans that benefit from the Covid-19 payment and interest freeze. Unfortunately, not all federal student loans are …
Student loan borrowers can buy a house, but student debt can make qualifying for a mortgage difficult. Student loans affect a mortgage applicant’s debt-to-income ratio and credit score. Mortgage underwriters have historically been hard on income-driven borrowers, but things are getting better. Student loan refinancing and other strategies may minimize …
Over the years, I have gotten many heartbreaking emails from readers. Frequently, these emails come from student loan cosigners who feared they made a mistake. At its core, cosigning is a selfless decision. The cosigner receives no benefit, takes on tremendous risk, and helps a loved one afford college. Sadly, …
Google has jumped into the discussion of the student loan crisis. Today Google announced a student loan repayment program. Starting in 2021, employees will be able to get up $2,500 in matching student loan payments from Google. The announcement is excellent news for Google employees, but it could impact many …
