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 …
Closer to Student Loan Forgiveness? Major Changes Announced Read More »
Can you trust your student loan servicer? Hopefully your student loan servicer isn’t one of those in the news lately. Reports of companies misleading consumers seem to be on the rise. It is abundantly clear, how one repays their student loans has never been more complex because of so many variables in the decision process. …
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 …
What should you ask a prospective student loan advisor? Read More »
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 …
Student Loan Repayment Solutions – The Saga Continues Read More »
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 …
Philadelphia Higher Education Assistance Agency, known as FedLoan Servicing has announced they are leaving the business creating a potential problem for borrowers tracking loan payments.
IDR RECERTIFICATION & CARES ACT SUSPENSION As we near the end of the CARES Act suspension, student loan borrowers need to understand their obligations their loan repayment obligations. One issue that many borrowers are facing is the recertification of their IDR plans. Annual Recertification Student loan borrowers under an Income-Driven Repayment (IDR) plan are required …
Choosing an income-based repayment program can create a lot of confusion. Consumers are more frightened than ever about how to repay their student loans. When working with the Federal Gov’t web site to setup their plan they often are confused and more often than not make an inappropriate decision unwittingly. As a financial professional, you …
A consumer-guide for finding a financial advisor to help with your student loans Ideally, student loan borrowers will develop and follow a personalized financial strategy for building a strong financial foundation while managing their student loan debt. Well-qualified financial planning professionals can help, but many financial professionals have little education or experience with today’s complicated …
How to find a financial advisor to help with your student loans? Read More »
