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Covid-19 Stimulus Package Help Based on Student Loan Type

The stimulus package has lots of facets, including student loan protections. The question you might be asking is, “How will it help me, the student loan borrower?” The real question should be DOES it help you, the student loan borrower. Because guess what, the stimulus does not help all student loan . . .
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COVID-19 Update Video

If you'd like to read some specifics discussed in this video, please check out the blog for those with loans in good standing or the blog regarding defaulted loans. . . .
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Covid-19 and Student Loans

Let's get right to the point. We're all at a place of flux, as are our finances. The main question, what do to with student loans now that there are things being suggested, ordered, and such. Let's clear the clutter and state exactly what is going on as of today - March 23, 2020. Federal Loans . . .
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Don’t turn your Federal Loans Private!

Today's video talks about the pros and cons of refinancing a Federal Student Loan with a Private lender. https://youtu.be/MNWXgZcushk . . .
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Introduction to Income Repayment Plans

Quick overview of Federal Loan repayment plans based on income: IDR, IBR, ICR, PAYE, New IBR, and REPAYE. Plus, I sing! . . .
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Student Loans and Credit Reports

With all the recent press about credit reporting company Equifax's major data breach, now's a good time to discuss the intersection of student loans and credit reports. It's not uncommon to have questions about how student loans affect credit, so lets sort the myths from the facts. What Shows on a . . .
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PSLF Application and the Big Bug

It's here! Finally! The long awaited application for Public Service Loan Forgiveness (PSLF). True to Dept. of Ed fashion, it has one big bug in it. The kind that you don't want to step on because you know it'll be messy. But first, lets discuss what PSLF is, and then we can look at the form. What . . .
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Post-Election Chopping Block

Regardless of your emotional response to the election results, the question on your mind now is, "Now what?". Will student loan programs be axed? Will some be saved? The door is wide open to possibilities, but lets start with what the new President can and can't do. There are issues that are within . . .
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Student Loan Bill of Rights

On March 10, 2015, President Obama introduced the Student Aid Bill of Rights; another executive action to deal with student loan debt. Read the official Memorandum. Let's take a look at some of the details. State-of-the-Art Complaint and Feedback System The President is requesting a "simple . . .
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IBR, ICR, PAYE, and IBR. Wait, what?

Dealing with Federal loans means understanding industrial acronyms. But what do you do when the same acronym means different things - or multiple acronyms mean almost the same thing. Does a letter really make a difference? You bet it does! Today we'll discuss income driven plans - repayment based . . .
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