Teachers have more options for student loan forgiveness than pretty much any other profession. If you're a teacher, you need to be taking advantage of these programs to get out of student loan debt. It's essentially free money you're ignoring by not taking action. If you need help, ...
Student debt can significantly impact your personal and professional life. Paying it off can be easier than you think. Most RecentMost Popular 3 Min Read Student Loan DebtSeptember 24, 2024 4 Creative Ways to Pay Off Student Loans Read More ...
The relief is made possible underThe Higher Education Act, which allows for federal forgiveness plans and alternative repayment options. “These improvements have been in the works for since day one of the Administration as part of the Department’s efforts to overhaul loan servicing and implementsi...
What are my repayment options with FFELP debt? Unconsolidated FFELP loans are generally eligible for: Income-based repayment and forgiveness. Student loan deferment and forbearance. The end of pandemic-era relief for FFELP borrowers In March 2021, the Department of Education extended interest and coll...
When you take out a federal student loan, the Department of Education will assign your loan to a service provider once the first disbursement is made. Theseloan servicersare the point of contact for questions about your loan and arranging payment options. These providers include Edfinancial, MOHE...
new industry. Illinois Attorney General Lisa Madigan is cracking down on companies that can't deliver on their "too good to be true claims" to reduce or eliminate student loan debt. Earlier this month, Illinois became the first state to file a lawsuit against a student loan debt relief ...
Recently the big news came out from the White House regarding the student loan forgiveness plan. I know there's a lot of information out there. So I wanted to chat a little about what is happening, what you need to know now and ... ...
Four advanced student loan repayment strategies to eliminate student debt and contribute to retirement accounts like a 401(k) or IRA.
Other student loan repayment options intend to help borrowers In response tostudent loan forgiveness getting struck down, the federal government has put a few different initiatives in place to make student loans easier to manage. TheBiden-Harris SAVE planwas a welcome step in August 2023. It offe...
and limitations. Student loan forgiveness might be a welcomed possibility—offering some relief to student borrowers toward the end of their repayment period—but its future is uncertain. Students should be wary of incurring debt beyond their means based on the assumption that a good chunk of it ...