President Biden's administration announced that income-based repayment programs, like IDR (income-driven repayment) will be expanded and will allow for more borrowers to qualify for forgiveness. According to the Education Department, “at least 3.6 million borrowers will be provided with options to move closer to debt forgiveness. Also, “40,000 borrowers to receive immediate forgiveness." As with many [...]
On December 22, 2021, the suspended Student loan payments were extended again. However, that date is approaching quicker than you think. Are you ready to resume your payments? When Are Payments Due? According to the Federal Student Aid website, you will receive your billing statement or other notice closer to May 1, 2022. This will [...]
Suspended Student loan payments have been extended again. However, that date is approaching quicker than you think. Are you ready to resume your payments? When Are Payments Due? According to the Federal Student Aid website, you will receive your billing statement or other notice. This will come from your servicer and the office of Federal [...]
Were you rejected for student loan forgiveness? If so, there are things you need to know. As you may have seen in the news, 99% of borrowers were rejected for student loan forgiveness. Why? Well, there is confusion as to the details on how to qualify. Before you can understand how to qualify, you should [...]
Facing financial difficulties is stressful, especially when it is tied to student loans. It can also be confusing to know what avenues are available to help reduce or eliminate your student loan debt. You may be wondering if filing for bankruptcy will eliminate your student loan debt. The good news is that it is possible [...]
