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student loans

4 Reasons Lender Longevity Matters

There are several factors you need to take into consideration when looking for student loans. To start with, you’ll need to compare interest rates and fees so you can find the lowest-cost loan. You also need to look into each lender’s terms and conditions, protections, and penalties. There’s one other factor that not many people …
student loans

What’s The Median Student Loan Debt in America?

With the cost of college going up every year, the median student loan debt in America is higher than ever. It is the second-highest consumer debt in the US. Here are some of the highlights of the latest statistics on student loan debt in America.  Snapshot of Total Student Loan Debt  Currently, the total student …
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student loans

Can I Claim Student Loan Interest Deduction?

You may be eligible to claim a student loan interest deduction if you took out student loans to cover educational expenses. This tax break allows eligible borrowers to deduct up to $2,500 paid interest from their annual taxable income.  What Is Student Loan Interest Deduction? Student loan interest refers to the interest you’ve paid on …
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student loans

8 Tips for Dealing with Student Loan Debt

Staying on top of your loans can seem like a never-ending struggle. On the one hand, you have to keep track of multiple payment amounts and due dates. On the other hand, you have to figure out how to get the funds to repay the debt. But dealing with student loan debt doesn’t have to …
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student loans

What You Should Know About Biden’s New Student Loan Plan

On January 10, 2023, the U.S. Department of Education (DOE) proposed a revised pay as you earn repayment plan. This was prompted by the temporary pause on President Biden’s student loan forgiveness. The proposed plan is the Education Department’s latest attempt to make student loan repayments more affordable. If it comes through, it would reduce …
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student loans

What is the Biden v Nebraska Student Loan Lawsuit?

Former college students and graduates all over the country are waiting to hear back about student loan forgiveness. While some have even received approvals for their applications, they may not see the money soon. The Biden v Nebraska student loan lawsuit has put things to a halt for the time being. But what is this …