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Does the Government Shutdown affect Student Loan Collections?

VinothChandar / Foter / CC BYNow that the government is shut down, there is a great concern about how this affects collections of student loans, default or not.  We first need to clarify that the shutdown only affects government agencies.  Guarantee agencies like ECMC, Great Lakes, etc. are not . . .
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Sallie Mae in the News…Again!

I was trying to find a witting opening, but all I could come up with for a reference was Mustang Sally.  It's not on target, but some of the lyrics could be made relevant, "All you want to do is ride around Sally, ride, Sally, ride." What's that?  Sallie Mae is riding around?  Well yes, if we . . .
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Look, an Improved Student Loan Band-Aid

Everyone else is doing it so I'll join in with my praise of the new Pay As You Earn Plan.  First, I rather call it the Pay As You Earn Repayment plan - it's a better acronym - PAYER.Now then, I really don't have much praise for this plan.  Don't get me wrong, it's a great thing - for those who . . .
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Updated IBR Calculater…and more!

The Income Based Repayment plan is an awesome tool for today's economically challenged times. It's a payment plan based on income only - simple and easy to understand. And now, the calculator published on the Dept. of Ed's website is also easier to understand, thanks to a major website . . .
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