An Income Contingent Repayment Plan (ICR) is a repayment plan that can help student loan borrowers get a more affordable monthly loan payment. The monthly payment is calculated by taking the lower amount of two calculation methods: Based on income and student loan debt Based on income alone The Income Contingent Repayment plan was created […]
Are you thinking of refinancing your student loans but haven’t got around to doing it? Like many college grads, the thought of refinancing your student loans must be stressful. All that paperwork, the application process, and the anticipation can be strenuous. Fortunately, we are here to help you get your ducks in a row. Read on […]
Are you wondering if you can consolidate private student loans with your federal or government loans? This is likely just one of your many questions so we’ll get right to it! How Do I Consolidate Private Student Loans? Many college graduates may march off the stage, not only with tears of joy, but with a heavy […]
Thinking about consolidating your student loans? It’s a good idea to do so, but where do you start? Here at USSLC, we talk about student loans a lot. Almost every day we write about student loans. But one thing we always have to keep in mind is the WIIFM factor. OR “What’s in it for […]
With the rise in college tuition, it’s no surprise that more and more students are defaulting on their loans… Defaulting means that you’re unable to make payments on your student loans. Usually, your loan will be considered to be in default status after 270 days of not making any payments. This can cause a ton of […]
If you plan on going to school to become a doctor, then you will be ‘enjoying’ some of the heftiest debts in the world. Medical courses are expensive, and you’ll be in school for an exceedingly long time. While being in the medical industry does pay a substantial salary, there is no guarantee that you […]
