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Federal Parent PLUS student loans offer parents of college students a way to help their children pay for their education. And like other federal student loans, Parent PLUS Loans provide oppo… Read More
While you may know that grants are available to help fund your college education, you may not realize that you can also use certain grants specifically to pay off student loan debt.
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Student loan debt totals a whopping $1.74 trillion, which averages out to $32,731 per borrower, according to the Federal Reserve.
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After paying down your student loans for months on end, it can be demoralizing to see just how large a balance you still have left. Depending on your repayment plan, you may even owe more no… Read More
The application for federal student loan forgiveness officially launched on Oct. 17, 2022, and will be available for eligible borrowers to access until Dec. 31, 2023.
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When it’s time to start repaying your federal student loans, you’ll automatically be enrolled in the 10-year Standard Repayment Plan. But if your circumstances change or you want… Read More
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The student loan forgiveness plan introduced by the Biden Administration in August has officially been blocked by a federal judge in Texas. As a result, applications for relief are on hold u… Read More
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A cosigner is a person who agrees to pay back your loan if you don’t pay it back as agreed.
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If you need a break from making payments on your private student loans, consider getting a loan deferment.
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Paying off large student loans quick can feel like an impossible task. Many borrowers graduate from a bachelor’s degree program with nearly $25,000 in student loans, according to the D… Read More
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Refinancing student loans can be a smart financial move for some borrowers. With student loan refinancing, you take out a new loan from a private lender to pay off your existing student loan… Read More
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