The Department of Education offers a variety of student loan repayment plans that assist student loan borrowers with their unique financial situation. These repayment plans originated from the passing of the Health Care and Education Reconciliation … [Read more...] about Revised Pay As You Earn Repayment Plan
Student Loan Repayment Plans
Graduate Student Loans: A Practical Guide to Understanding Your Financial Commitment
Knowledge is power. Unfortunately, the right knowledge usually costs quite a bit. In fact, the average cost in the U.S. for a master's degree is between $30,000 and $120,000. Fortunately, student loans exist to help you cover the cost of … [Read more...] about Graduate Student Loans: A Practical Guide to Understanding Your Financial Commitment
Pay As You Earn Repayment Plan
The Department of Education offers a variety of student loan repayment plans that assist student loan borrowers with their unique financial situation. These repayment plans originated from the passing of the Health Care and Education Reconciliation … [Read more...] about Pay As You Earn Repayment Plan
Income Contingent Repayment Plan
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 … [Read more...] about Income Contingent Repayment Plan
How To Use Student Loan Rehabilitation To Clear A Defaulted Student Loan
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 … [Read more...] about How To Use Student Loan Rehabilitation To Clear A Defaulted Student Loan
Should I Pay My Student Loans?
Student loan borrowers in the U.S. now owe an outstanding $1.3 trillion in student loan debt. It’s an incomprehensible number. To try to put it into perspective, there are only eleven countries on earth with a GDP higher than the amount of money … [Read more...] about Should I Pay My Student Loans?