4 Ways to Save for Retirement AND Eliminate Student Loan Debt
Some advanced student loan repayment strategies allow borrowers to eliminate student debt and contribute to retirement accounts like a 401(k) or IRA.
Some advanced student loan repayment strategies allow borrowers to eliminate student debt and contribute to retirement accounts like a 401(k) or IRA.
Student loan prepayment comes with many advantages, but there are a few downsides that borrowers should understand.
If you manage your Parent PLUS loans wrong, it could result in permanent double payments for all of your federal student loans.
Borrowers reports of serivcer mistakes show that the repayment restart isn’t going as planned.
Options to speed up student loan forgiveness by paying extra are limited.
Choosing the right federal repayment plan might seem overwhelming, but finding the best option usually isn’t very difficult.
Planning for the federal student loan repayment restart is the most pressing issue for most borrowers.
College doesn’t work out for every student. Dealing with student debt in this situation can be especially frustrating, but there is usually a path forward.
Student loan calculators can simplify things, but they don’t always give borrowers the results they need.