5 Student Loan Questions Worth Asking Here are answers to borrowers' seemingly silly questions about student loans that aren't so silly after all. Julie RogierNov. 24, 2021 Federal Student Loan Servicing Changes Borrowers should stay up to date and organized as the Department of Education reforms...
The Department of Education has sought to address eligibility barriers and confusion through several changes, like the Temporary Expanded Public Service Loan Forgiveness, or TEPSLF, and the limited PSLF waiver. "There seems to be some desire to make the pr...
Borrower tip: Refinancing federal student loans into a private student loan can make you ineligible for certain types of protections, such as income-driven repayment plans, federal debt forgiveness programs and forbearance/deferment options through the Department of Education. Deferment, Repayment and ...
You're a public servant or nonprofit worker.If you borrowed a Parent PLUS loan on behalf of your child, you may still be eligible for the Public Service Loan Forgiveness program, or PSLF. Eligibility is based on the borrower's qualifying employer rather than the student's e...
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Help Clients on Student Loan Forgiveness Steer clients toward loan forgiveness, tax and planning opportunities. Luis RosaOct. 14, 2022 Open a Brokerage Account for Your Kids Investing for your kids is a great way to give them a financial leg up. ...
qualify for Public Service Loan Forgiveness and fail to take advantage of it. That’s a true story that sounds hard to believe. Make sure the prank isn’t on you by checking out these answers to commonly asked questions about the program. 1. What is Public Service ...
READ: How Interest Increases Your Student Loan Balance. While there are limited circumstances under which you can have your loans discharged or forgiven, in most cases you can expect to repay. In general, you should never make a borrowing decision with the expectatio...
The Public Service Loan Forgiveness program allows borrowers to have loans forgiven after at least 10 years of public service and 120 qualifying monthly payments. Loan forgiveness is also available to borrowers after they have been enrolled in an income-driven repayment plan for 20 or 25 years, ...
Hispanic students enroll at community colleges in a far larger percentage than their respective share of the overall population. Sam Wellington and Robert MorseJuly 13, 2023 FAQ: Student Loan Forgiveness The Supreme Court struck down a plan that would've given $20,000 in federal stu...