Student Loan

For many Americans, the three biggest financial challenges of their lives will be paying off student loans, buying a house and saving for retirement. Each one of these goals is a huge challenge.  Meeting all three goals is even more difficult. Hitting these milestones is complicated by the fact that …

Nelnet is one of the biggest names in the student loan industry, especially since 2018 when it acquired another major loan servicer, Great Lakes Educational Loan Services. The combined company now reportedly handles federal loans for about 5 million people, or 1.5% of the entire U.S. population. If you’ve found that Nelnet is also your […]

The post 5 Useful Features of Nelnet Student Loans appeared first on Student Loan Hero.

After graduating, it’s time to move on from school and pay back your loans. Many student loans have a grace period, but what is a grace period for student loans, exactly? More importantly, should you even use it? Read on to learn everything you need to know about student loan grace periods. What is a […]

The post The Ultimate Guide to Your Student Loan Grace Period appeared first on Student Loan Planner.

Robert Smith (Image from Morehouse College commencement video) The Morehouse College Class of 2019 didn’t just earn their degrees; they also got total student loan forgiveness from commencement speaker and billionaire Robert Smith. In a surprise move, Smith announced his family would pay off the student loan debt of every Morehouse student graduating that day, […]

The post Morehouse Billionaire Robert Smith Is Not Alone: 7 Student Loan Philanthropists appeared first on Student Loan Hero.

Can you refinance student loans? The short answer is: yes, you can refinance student loans. Both federal loans and private loans can be refinanced. Even if you don’t necessarily need to refinance your student loans, you may be able to save money by doing so. Can You Refinance Federal Student Loans? If you have federal student loans, you…

The post Can You Refinance Student Loans? A Guide to Student Loan Refinancing appeared first on Student Debt Relief | Student Loan Forgiveness.

Getting an MBA will cost you a pretty penny. Master’s of Business Administration degrees cost on average $70,000 or more, according to data from finance company SoFi. At some top universities, that number can easily exceed six figures. Unless you have tons of money to spare, you’ll likely need to turn to student loans to fund […]

The post 3 Best Private MBA Student Loans Today appeared first on Student Loan Planner.

I got this email from a reader recently on how many physicians are not getting Public Service Loan Forgiveness (PSLF) because of laws in their state regarding who can employ doctors: I think you should devote one blog to what type of Doc employers would qualify for the PSLF program. Obviously, if a physician is […]

The post What to Do When Your Physician Employer Doesn’t Qualify for PSLF appeared first on Student Loan Planner.

In the 1970s, Yale University offered a program that allowed graduating classes to collectively repay their tuition after finding employment. Everyone who could afford it would pitch in to foot the bill of the entire group. But that first iteration of Income-Share Agreements (ISA) failed spectacularly, as middle-income earners ended up repaying more than classmates […]

The post 8 Schools That Offer Bachelor’s Degrees — and Income-Share Agreements appeared first on Student Loan Hero.

Perhaps the biggest perk with federal student loans is that they have repayment plans based upon how much a borrower earns rather than how much they owe.  These income-driven repayment (IDR) plans include: Income-Contingent Repayment (ICR), Income-Based Repayment (IBR), Pay As You Earn (PAYE) and Revised Pay As You Earn …

Refinancing only makes sense when it benefits you in some way. This may mean an extended loan term with more manageable monthly payments or a reduced interest rate to save money. If you’re eligible and your loans are eligible, it’s best to refinance your student loans whenever you can achieve your desired benefit. Read on to learn when…

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