Paying off student loans? Our free student loan payoff calculator will show you how long it will take to pay off student loans in full using your current repayment plan.
Allowing student loans to go into default can have serious financial consequences that can affect your credit for years to come. Here's what you need to know: Direct Federal Student Loans are in default when they reach 270 days past due Family Federal Education Loans are in default when they are 330 days past due Once student loans are...
Having student loans go into default can be confusing and overwhelming. And the financial consequences can be serious if the loan holder doesn’t take action to remedy the situation. Direct Federal Student Loans are in default when the borrower has not made a payment in more than 270 days. Family Federal Education Loans reach default status at ...
If you are struggling to pay back student loan debt, you’re not alone. The most recent estimates places the total amount of outstanding student loan debt in the U.S. at nearly $1.5 trillion. That total is shared by some 44 million borrowers. Clearly, there are many people experiencing similar struggles and looking for ways to live an enjoyable ...
The student loan crisis is center stage once again, with a proposed bill that would offer tuition-free college for most Americans while reducing student loan interest rates. At the same time, the fate of Public Service Loan Forgiveness has come into question, creating alarm among borrowers who are unsure whether they will continue to meet eligibili...
With student loan debt now totaling $1.3 trillion in the United States, the student loan crisis has reached a fever pitch and now affects more than 40 million Americans. To compound the crisis, the Consumer Financial Protection Bureau reports that one in four borrowers are in delinquency or default on their student loans. Student loans are consider...
If you’re like most recent college graduates, you’re probably making payments on student loan debt. While resources abound for borrowers who need help repaying their student loans, there’s a special program designed just for people who work in public interest careers. It’s a way to reward people working toward the common good – in jobs th...
College tuition is rising nationwide – and student loan debt is following at record rates. If you’re considering a student loan, ask yourself a few hard questions first. A realistic approach, combined with a few smart choices , will help you keep debt to a minimum and assure your personal financial well-being after college. Here are some tips f...
If you have student loans, you’ve no doubt heard about student loan forgiveness. You have probably seen ads on TV promising instant ‘student loan relief.' Or received mailers from companies telling you they know the ‘secret’ to eliminating your student loans. Of course, they’re willing to share that secret – for a hefty price. ...
A weak economy and rising tuition costs have forced student loan debt levels into the spotlight. People from all walks of life and backgrounds struggle with payments. In fact, the Federal Reserve Bank of New York reports student loan debt has even surpassed credit card debt in America. If you need a loan to pay for college, be sure to consider t...