The temporary student loan relief included in the CARES Act has been extended through the end of the year. An executive order signed August 8th extended the relief provisions through 12/31/2020. Federal student loan relief is stretching out to cover nine months which means it’s important to think about the impact it has on your […]

Read More

Please  note an executive order signed 08/08/2020 continues the student loan relief through 12/31/2020. This article has been updated to reflect the new expiration date of specific relief measures.   The CARES Act offers temporary student loan relief for millions of federal student loan borrowers. An executive order signed 8/8/20 extends the relief through the […]

Read More

Please  note an executive order signed 08/08/2020 continues the student loan relief through 12/31/2020. We updated the article to reflect the new expiration date of specific relief measures.   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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More