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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Ask Jeni is a service offered to tuition.io users that lets real borrowers ask Jeni Burckart, our student loan coach, questions about their student loans. Here’s an example of one of those questions. I currently pay almost $1,300 a month on my student loan. I have just over $62,000 in loans left to repay, my […]

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Take a look at the figures below, shared recently by the United States Federal Reserve and the national credit bureaus: Approximately 40 million Americans have a student loan to pay off The average borrower takes out four student loans for education in college amounting to around $29,000 Student loans have the highest delinquency rate of any form of […]

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Given the ever-increasing student loan crisis, the measures taken by the federal government suggest that they haven’t yet zeroed in on the root cause. Many solutions proposed by the goverment seem to pull in opposing directions, diluting their impact. Should Student Loans Have Interest Rates At All? Alexander Holt writes that the recent initiative to reduce interest rates will hardly […]

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When you’re looking at colleges in your junior or senior year of high school, contemplating a transfer to a new school or planning to go back to college, there are a number of factors to consider. Cost is, of course, a huge concern, as is geography if a school you’re looking at charges out-of-state tuition. […]

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If you’re struggling to pay your student loans each month, one of the worst things you can do is to do nothing at all. Student loans won’t go away and federal loans have no statute of limitations, so they will inevitably catch up to you. It’s best to be proactive and request a deferment or forbearance […]

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