Blog
Our blog is designed to provide information regarding some of the critical topics those with student loans must be aware of to be able to make educated decisions regarding their future.
6 Simple Ways to Lower Your Credit Card Debt
It should come as no surprise that as of December 2017, the total revolving debt has reached $1.023 trillion dollars. And this is in addition to mortgage debt, car loans, and especially student loan debt, all of which have even larger average balances than credit cards for most Americans. The good news is that despite this high level…
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Recertification
What is re-certification and why is it important? Simply put: You must re-certify your family size and income annually to remain in your Income-Driven Repayment Plan (IBR, ICR, PAYE, RE-PAYE). While millions enjoy the payment benefits of the Federal Income-Driven Repayment programs, many do not complete the annual recertification requirement. While it would be nice if you only had…
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4 Strategies to Lower Student Loans
Lower Your Student Loan Burden When it comes to handling your student loan debt, both short and long-term options can help you. Whether you’re struggling with your payments today or worried about how you’re going to pay them off in the years to come, we have some valuable solutions to offer you. As some of these strategies are…
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Student Loan Forgiveness Options Available for ITT Tech Students?
ITT Tech has decided to close its doors permanently. After the recent decision from the Department of Education to ban the for-profit vocational college from enrolling new students with federal student loans, ITT Tech has decided to close its doors permanently. The news came as a shock as the company has been in business since 1969 and until…
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Donald Trump on the Student Loan Crisis
Donald Trump has recently spoken about his position on the student loan crisis, and his opinion might surprise many. In an interview with thehill.com, Trump slammed the federal government for profiting on federal student loans. “That’s probably one of the only things the government shouldn’t make money off. I think it’s terrible that one of the only profit…
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Student Aid Bill Of Rights
President Obama recently proposed a new Student Aid Bill of Rights to help take action on the student debt problem, and provide borrowers with more rights and protections. With the current average borrowers student loan debt at $37,172, and the average default rate at nearly 14%, its neither a surprise nor secret that the country is facing a very…
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Student Loan Rehabilitation
A student loan rehabilitation is typically a 9-10 month payment program where the borrower will make agreed upon payments to rehabilitate the student loans to remove the default status. The payment amount is typically agreed upon by both the lender and the borrower, to be an affordable payment that the borrower can make. Once the borrower has made these…
Continue Reading ->Scholarships and Grants for Older Students
There are many students returning to school at a later age. The reasons vary from pursuing a degree for a promotion to “empty nesters” chasing a new dream now that their children are in college themselves. Many people who begin to seek help to pay for school are pleased to learn that many scholarships have no age limit…
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Free Tuition in Tennessee
At a time when families are going into debt to pay for school, Governor Bill Haslam of Tennessee has come up with a plan to encourage high school students to graduate and then keep them in Tennessee to work and go to college. His plan also encourages adults to return to college in order to improve their lives.…
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Permanent Disability Loan Discharge and Tax Debt
You’ve finally gotten those old federal student loans discharged and now have some breathing room to pay down bills, perhaps put aside some money for retirement or begin building a college fund for your kids. Before you start spending your now free cash though, have you received your new tax bill? If not, there’s a Form 1099-C somewhere…
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