Tag Archives | student loans

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How to Repay and Forgive Student Loans

Direct Student Loan borrowers now have more flexibility to repay, and ultimately to have forgiven, their student loans. The Obama Administration recently finalized a new income-driven student loan repayment plan, called Revised Pay As You Earn (REPAYE). The rules allow all Direct Student Loan borrowers to be eligible for the repayment plan, provide an upper […]

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Proposed Student Loan Repayment Rules to Help More Borrowers

Newly proposed student loan repayment rules could help more borrowers better manage their student loans. The Obama Administration has proposed to offer a new income-driven student loan repayment plan, called Revised Pay As You Earn (REPAYE). The proposed rules seek to allow more borrowers to be eligible for the repayment plan, provide an upper limit […]

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3 Tips on How Public Service Can Forgive Student Loans

I receive a lot of questions on the Public Service Loan Forgiveness Program (PSLFP) as a way to pay off federal student loans.  Washington DC is concentrated with public service professionals who are potentially eligible for this program.  Be mindful of the answers to the following three questions and you’ll be on your way to […]

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Tips to Pay Off Student Loans Smartly

Repaying your student loans smartly can save money over the long term and increase your credit score.  Remember:  your federal and private student loans generally cannot be canceled or discharged in bankruptcy because you didn’t get the education or job you expected, or because you didn’t complete your education.  So it makes sense to come up […]

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