Why Is Student Debt A Problem. The US economy is facing increasing economic hardship from global events. These international events are affecting Americans in every state, especially the younger generations of young Americans trying to move up in society economically. They face difficulties accomplishing home ownership, auto ownership, and career opportunities. The…
Fed Loan Program is Ending Fed Loan Program is Ending It’s Contract With The U.S. Department Of Education. Fedloan Servicing will cease to be the student loan servicer for millions of federal borrowers in the coming months. Fedloan Servicing helped process Public Service Loan Forgiveness (PSLF) for student loans. However, PSLF servicing…
Department Of Education Announced. On Tuesday, April 19, 2022, the current presidential administration announced reforms for student loan forgiveness and the income-based repayment programs. The U.S. Department of Education (DOE) will grant immediate student loan forgiveness to 40,000 borrowers. Another 3.6 million borrowers are expected to benefit by setting up their path…
Student Loan Debt Crisis Statistics. It is vital to secure your financial future in the age of Covid-19, high gas prices, inflation, debt, and wars. The first step is to assess your budget. Knowing your spending habits and obligations will help organize your money flow. Once you know where your…
Student loan debt relief Important updates. The ongoing coronavirus pandemic has affected Americans in a variety of ways, especially financially. Many people are still out of work or struggling to get by with reduced incomes, forced to decide where to tighten their belts just to keep the monthly bills paid….
Student Loan Debt Can Impact Your Future. It’s dangerous to sit on your student loans for longer than necessary, especially if you’re struggling to make full payments. Whether you’re considering taking out student loans or are living in fear of the monthly payments beginning, it’s important to consider the role…
As the American administration goes through its presidential transition, many college students and graduates will keep their eyes on the news, waiting for information on the end of the administrative forbearance. Though the president-elect continues to keep the student loan crisis near the top of his itinerary, it’s impossible to…
Your student loans may seem like an endless, immortal monster that will never stop pestering you, but this is never the case—even if you have pesky private loans. Whether you’ve had student loans for years or you’re just now starting to make your payments, it’s important to educate yourself on…
Death and student loans are by no means easy topics to talk about but both are necessary to consider for the sake of your parents and other family members. To avoid lenders taking advantage of your weakened family after an unfortunate death, it’s important to do your research regarding what…
When you’re burdened with private student loans, you may see all the news about federal student loan forgiveness programs and can’t help but feel a little jealous. Seeking private student loan forgiveness is a fruitless effort, but private loans do come with their own fair share of reduction efforts, which…
