I have a Parent PLUS Loan in my name for one of my children.  How can I change the loan to put it 100% in my child’s name, removing my name completely? Are there several choices?  Or only a few?   Refinancing is only way to transfer ownership of a Parent PLUS loan from you […]

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 I just recently took out a private student loan with a 10.00 APR interest! How long should I wait until trying to refinance the loan? I’m currently working full-time and taking online courses. I have a good to excellent credit score.   Because you’re working full time it’s not out of the question to consider […]

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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 will be starting my online MSN program and I’m wondering what my options are for financing the degree and for loan forgiveness after graduation.   It sounds like you have two questions. 1. How can you pay for the MSN program? 2. What student loan forgiveness options are available? Strategies for paying for your […]

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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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Employer-sponsored student loan repayment assistance programs are becoming more and more common among organizations that pride themselves on great compensation and benefits. In many instances, employees who work for these companies owe a tremendous amount in student loans – they are often lawyers, or have master’s degrees that helped them land jobs with such reputable […]

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On October 27th, the Department of Education revised the rules of the Pay As You Earn program (PAYE) in an effort to ease the burden of student loan payments on borrowers. The new rules established the Revised Pay As You Earn Plan (REPAYE), and it just became available to borrowers effective December 17th. Here’s the […]

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Borrowing to finance education costs can be a great bet in the long run. In fact, most studies show that a college degree does, in fact, pay off handsomely over the course of a career compared to the cost of tuition. But your student loan balance will affect your credit in the meantime. Here are […]

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