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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The CARES Act passed March 27th, 2020. The stimulus package provides relief during this challenging time. The good news is that the CARES Act includes help for borrowers with student loans owned by the Department of Education. In this post you’ll find out what you need to do to take full advantage of the student […]

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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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I have a $65,000 in federal student loans. I’ve heard there’s a way to get loan forgiveness after 20 years. Can you talk to me about what that is?   Federal student loans are all potentially eligible for forgiveness after 20 to 25 years of payments on one of the four income-driven repayment plans. I […]

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Hi, I’ve been working full-time for a non-profit and making payments on my Direct Consolidation Loan under an income-driven repayment plan since 2016. How do I track the progress I’ve made toward PSLF?   Public Service Loan Forgiveness, or PSLF, is a federal loan forgiveness option. It forgives the remaining balance of Federal Direct Loans […]

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Student loan debt is a juggernaut plowing through the earning potential of millions. The burden has topped $1.5 trillion and impacts more than 44 million Americans. It’s size and weight are second only to mortgage debt. As we bear witness to the financial impact it makes, it’s no surprise that we’re starting to see indelible […]

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Hi, I took out Parent PLUS loans for my son’s education. I would like to refinance them so I can pay less interest. How do I do that?   If you’ve taken out Parent PLUS loans for your child’s education, you are the owner of that student loan. Sometimes parents want to transfer ownership of […]

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I want to get my student loans back in good standing. What do I need to do to rehabilitate or consolidate my defaulted student loans?   If your student loans are in default, they’re likely also being held by a collections agency. It’s really important to sort out the holder of your student loan debt […]

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My student loans are currently in default and I’d like to get them back into good standing. I’m really not sure what to do. Can you help me figure out how to get my student loans out of default?   Default is stressful. Don’t be discouraged, there are options. Most borrowers don’t intend to get […]

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