CSLA Institute

Consumer

student loan forgiveness explanations

Closer to Student Loan Forgiveness? Major Changes Announced

Student Loan Forgiveness – New Updates IDR Program Adjustment With all the recent changes in the student loan space, we have seen many borrowers ignore the latest updates as they have already concluded that it does not likely apply to them. On the other hand, we have seen other folks sitting patiently, awaiting government approval …

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student loan advisor questions to ask

What should you ask a prospective student loan advisor?

Important questions to ask when seeking student loan advice If you’ve finally faced the fact that making choices about dealing with your student loan repayment plan is confusing, perhaps you are ready to seek help.  And the Federal reprieve on making payments will end at some point so why not make preparations? Regardless of the …

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student loan income based repayment plans

Student Loan Repayment Solutions – The Saga Continues

Student Loan Repayment Solutions – Updates Public Service Loan Forgiveness (PSLF) Waiver An emergency waiver was put in place back in October, which could allow for many borrowers to retroactively get qualifying PSLF months that were previously not eligible based on current PSLF rules. Many who were not on an Income-Driven Repayment plan or had …

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CSLP Program

Navigating the world of student loan advice

Student loan advice – the good and bad Analysis paralysis… Ever tried googling a question related to your student loans? If so, you may have experienced this paralysis due to the overwhelming information and often conflicting opinions. The ever-changing landscape of the student loan space makes it difficult for borrowers to keep up. It often …

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student loan servicers

Navient is Transferring its Loans to Aidvantage

The Navient Student Loans Transfer to Aidvantage   What you need to know By year’s end, Navient is expected to transfer its federal student loans owned by the U.S. Department of Education (ED) to Aidvantage*. This change will not affect the existing terms, conditions, interest rates, loan discharge or forgiveness programs, or available repayment plans …

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White House

Student Loan Forgiveness Updates

Today the U.S. Dept. of Education announced a series of significant changes to the Public Service Loan Forgiveness Program (PSLF). These changes have the potential of positively affecting the repayment status of over 500,000 student loan borrowers. According to the release, 22,000 borrowers who’ve consolidated loans that were previously deemed ineligible will now be immediately …

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