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 [...]
Did you attend DeVry University? Did you have a student loan? If so, here’s what you need to know about what The Education Department’s canceled federal student loan debt. How to Submit a Borrower Defense Claim You will first need to submit a claim through the borrower defense page. Keep in mind that if you have [...]
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 [...]
Most federal student loans are not due for repayment due to extended coronavirus relief. However, this extension will be over in January 2022. Are you ready to resume your payments? Here's what you need to know: How to Get Ready For Resuming Your Student Loan Payments The Student Aid website offers 6 tips to help [...]
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 [...]
Most federal student loans are currently not due until September 2021, due to forbearance status. However, some private loans are still due. Are you concerned about the amount you are/will be paying for your student loans? What Options Do I Have? Refinance Your Loan: You may be able to take advantage of lower interest rates [...]
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 [...]
Student loan payments have been paused until January 31, 2021. However, that date is approaching quickly. 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 after January 31, 2021. Also, you should be aware that "[n]o payment [...]
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 [...]
