The CARES Act offers temporary student loan relief for millions of federal student loan borrowers. However, the relief expires September 3oth 2020. Today’s post is all about finding the best repayment strategy after the CARES Act student loan relief expires. If you need the lowest monthly payment, are pursuing forgiveness, or want to pay your […]

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I got a notice that my income tax refund is going to be intercepted to repay my defaulted student loans. How can I keep this from happening?   The Department of Education has many tools to collect payment on defaulted student loans.  One of the common methods used to collect on defaulted federal student loans […]

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How can I consolidate my student loans? How do I know if consolidation will be beneficial?   If you want to consolidate your federal student loans you can apply for a Direct Consolidation Loan on the federal aid website.   A couple of things to know about student loan consolidation: Direct Consolidation Loans are only […]

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I work at a non-profit and I’m getting payment from my employer totaling $10,000 over 5 years in the Tuitionio program. I’m currently repaying under the extended graduated repayment plan. My question is about student loan forgiveness given I work for a non-profit. I heard that if you do the required payment plan based on […]

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I’m trying to figure out the best way to maximize my student loan contribution benefit. My employer increases the monthly contribution amount each year. I expect to be done paying it before the 5 year employer contribution program is over. Any tips for how best to maximize the employer contribution? Right now I pay above […]

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There’s lots of press these days about how terrible doctors have it with their horrific six-figure student loan burdens. And they have a point: The median all-in cost to go to medical school, including books, shelter and the occasional meager meal (I know, right?!) is over $207,868 at public colleges and $278,455 at private schools. […]

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Two finance professors out of Appalachian State University, Jarrod Johnstone and Ivan Roten, took a look at Income Based Repayment (IBR) and Public Service Loan Forgiveness (PSLF) and the possible impact this may have on individuals, college tuition and the economy. IBR has been around since 2009 and capped payments at 15% of discretionary income […]

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We’ve written before about the pain of a spousal student loan consolidation if the couple gets divorced. But even if your happily-ever-after sticks for good, student loans can still be a minefield if you don’t handle them right from the get-go. So while you’re planning your nuptials, look beyond flower selection and the perfect wedding […]

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If you’re getting ready to walk the stage in your mortarboard and get that coveted and hard-earned sheepskin this month, congratulations. Whether it took you four years or a decade to get there, you’re graduating and that’s awesome. But if you borrowed to attend school, you’ve got some consequences to deal with – and soon. […]

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