Student Loans

Public Student Loan Forgiveness Program Gets a Temporary Extension

student loans

The Public Service Loan Forgiveness program would forgive any outstanding federal loans after 10 years of consistent payments for borrowers that were employed in a public service field—such as a teacher, government worker, or social services worker, or a member of the military. In the fiscal 2018 budget, Congress announced that the current iteration of …

How to Avoid Student Loan Scams

student loans

With the ever-increasing cost of college, many students have the need to take out a student loan to pay for college. Sometimes, federal student loans are just not enough and many students end up having to cover the shortfall by applying for private student loans. While there are several legitimate and reputable private lenders, there …

Federal Loan Interest Rates On The Rise

student loans

The last thing any student wants to hear is that attending college or graduate school is going to cost more than it did before. Unfortunately, that is the reality. Not only have tuition fees gone up, but federal loan interest rates are on the rise too. How Federal Student Loan Interest Rates Are Set Interest …

How To Get Out Of Student Loan Default

student loans

The last thing any borrower wants is to let their loan go into default. When you default on your loan, it damages your credit score and makes it more difficult for you to get a home mortgage or to borrow money for any other large purchases. If, despite all precautions, you let your loan go …

How Credit Score Affects Student Loan Refinance And Consolidation

student loans

Refinance and consolidation are two of the most popular solutions that students turn to in order to better manage their loan payments. However, both options work differently from each other. How Credit Score Affects Student Loan Consolidation When you consolidate your loans you are simply combining multiple existing loans into a single consolidated loan. The …