If you have had trouble staying on top of your student loan payments and are concerned about the prospect of wage garnishment ...
Some federal student loan borrowers could see missed payments negatively affect their credit scores, and the effects of that could linger for multiple years afterward.
Making principal-only payments isn't the only way to lower your interest costs and/or pay off your loan early. You might also be able to do this by refinancing your student loans with a private lender ...
Any changes to monthly payments, could add to borrower confusion. Federal student loan borrowers are facing a confusing and ever-changing repayment landscape as lawsuits challenged plans offered ...
Strike the right balance with a payment that makes progress on the debt without stretching your budget too thin.
WASHINGTON – Students across the country expressed relief Tuesday after the U.S. Department of Education confirmed direct student loans and Pell ... low-income students pay for college.
Therefore, despite having a college fund, I encouraged my daughter to apply for student loans ... save a little of what she will earn in a "loan payment" account that she will eventually have.
There's no set rule for how much of your budget should go toward student loans, but a monthly payment that exceeds 10% of your income could be burdensome. You may be able to reduce payments by ...
Navigating the world of student loans can be daunting, but with the right strategies, you can pay off your debt faster and ...
It replaced a similar plan called REPAYE. The SAVE Plan offers more generous terms than other student loan payment plans. It raises the minimum applicable income and helps cover interest ...
Here are additional perks specific to student loans: Co-signer release. After 24 full, on-time monthly payments, the borrower may apply to release their co-signer from the loan. The co-signer will ...