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 [...]
This year, the Department of Education has discharged (or canceled) over $9 billion in student debt, which is affecting hundreds of thousands of borrowers. So, what does this mean for your ITT Tech student loan? What Does This Mean For You? According to the Department of Education, "the U.S. Department of Education announced it will [...]
Investing in your education is something that can come with a big price tag. In fact, many people find that they have accumulated thousands of dollars in debt by the time they finish their education. And, for some, it is too much to repay. For some, bankruptcy is a necessary solution before finishing school. This [...]
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 [...]
The cost of higher education continues to rise, making it difficult for the average person to pay for it without aid. If you are considering taking out a student loan, there is a lot to consider before committing to one. What To Do Before Taking Out a Student Loan According to the U.S. Department of […]
There are many reasons for why a person to default on a student loan. Sometimes a person cannot afford to keep up on payments, is not making enough money, or maybe there are other bills that need to be paid first. Regardless of the reason, if you have not been making consistent payments or have […]
