"As a result, some borrowers have been making payments for years, or even decades, beyond the point at which they should have received forgiveness." This lack of forgiveness has caused some borrowers to pay loans longer than required by these programs. In response, the Biden administration is...
Currently, the President's plan only applies to those who have a current loan balance and any borrower whomade a payment on their loans since the start of the moratoriumon payments back in March of last year. You can actually get a refund on those payments if they were made after March ...
Department of Education approves your request to discharge your loans, then not only will your remaining balance be changed to zero, but you'll receive a refund for what you've paid. You can complete the form here, Opens overlay to make this request if you believe you're eligible. 10. ...
[6:39] – One type of student loan is federal student loans through the government with the requirement that you attend an accredited school. [7:23] – The other type of student loan is a private student loan that comes from a bank, credit card company, or other private lender. These ...
These funds can be applied toward both federal and private student loans. What happens to your taxes if you default on student loansDefaulting on a student loan can hurt your credit score and cost you extra money. Your wages could be garnished and you could even have your tax refund ...
Eligibility requirements for these different repayment plans can vary. Additionally, each plan comes with specific provisions that can impact a borrower’s decision. For example: ICR is the only repayment plan that those with Parent PLUS loans can use. ...
Get a Plan for Your Student Loans Life gets better when you know what to do with your student loans. Book a one-hour consulting call today. Your future self will thank you. Schedule Your Consult Get ourlife-changingweekly student loan updates ...
If you’re getting aggressive on paying off your student loans, lowering your interest rate could save you a lot of money while you’re paying down your loans. Try getting a lower rate on your student loans by refinancing with a company likeCitizens Bank. They make student loan refinancing ...
Where's my refund File an IRS tax extension Access your Turbotax account Community Tax law & stimulus updates Refer Your Friends Tax tools Tax calculators and tools TaxCaster tax calculator Tax bracket calculator Check e-file status refund tracker ...
If you've been scammed by a private company charging a fee in exchange for student loan forgiveness or relief, here's what to do next.