Student Loan

We’ve entered new territory as a country. With temporary closures of schools, businesses and other public gathering places, many families and businesses are struggling to make ends meet due to changes in income. This challenge is on top of the complete shock that the outbreak has caused in people’s personal and professional lives. During this […]

The post The Ultimate Guide to COVID-19 Financial Resources appeared first on Student Loan Planner.

Welcome to Student Loan News, a weekly summary of developments and events affecting college debt in the U.S. Join us each Friday for a look at goings-on that could impact your own student loan situation. Education Department yet to enact some key coronavirus relief measures The coronavirus economic rescue package passed by Congress on March […]

The post Student Loan News: Current Students Await Coronavirus Relief appeared first on Student Loan Hero.

*Rate Tables Updated as of April 2nd, 2020 The impact of Coronavirus continues to be felt in the world of student loan refinancing. The chaos felt throughout the economy can certainly be observed when looking at refinance rates. Some lenders are now offering historic low interest rates. Other lenders that …

Let’s say you’ve got a Capital One credit card in your wallet or your paychecks go to a Capital One checking account. When the time comes to borrow for college, you’re probably interested in applying for Capital One student loans, as well. Unfortunately, Capital One does not offer student loans or any other type of […]

The post Capital One Student Loans Don’t Exist — Try These 6 Options Instead appeared first on Student Loan Hero.

As the U.S. government implements its coronavirus student debt relief plan, here are some underlying figures to help you understand how much such proposals might help. In the charts below, we’ll focus on federal student loans, as they represent the bulk of outstanding debt. Have a look to gauge the lay of the land as […]

The post Student Loan Coronavirus Data Snapshot: Facts & Figures appeared first on Student Loan Hero.

Student loan interest can be a confusing topic. On the surface, student loans can look like any other installment loan, such as a mortgage or car loan. For private student loans, that’s pretty much the case. But federal student loan interest can work differently than any other type of loan due to unique subsidies and […]

The post How Does Student Loan Interest Work? appeared first on Student Loan Planner.

On the surface, Stephanie Bousley is a typical college student in America. She thought if she worked hard and followed her passion, she could have the career and life she wanted. On her journey, Bousley accumulated six-figures of student loan debt while going to film school in New York, which is one of the most […]

The post Conquering Anxiety and Depression After $300k of Film School Debt with Stephanie Bousley (Episode 70) appeared first on Student Loan Planner.

Has your tax refund been garnished because of unpaid student loans? Here’s how to qualify for the student loan tax offset hardship refund.

The post Tax Refund Garnished Due to Student Loan Default? Here’s How to Get It Back appeared first on Student Loan Hero.

Income-driven repayment plans can be great resources for federal student loan borrowers. While these plans won’t necessarily help you pay off debt faster, the cap on monthly payments can ease the pain when your student loan payment is too high. However, income-driven repayment plans may not be very helpful to those who make over a […]

The post The Trick to Lowering Your Student Loan Payments on a High Income appeared first on Student Loan Hero.

With the coronavirus pandemic closing schools across the country, many students and their families are worried about the impact on college admissions. While this time of year is usually reserved for campus visits or taking the SAT, students must now negotiate the admissions process from home. Although there are sure to be changes in the […]

The post How Coronavirus Is Impacting College Admissions appeared first on Student Loan Hero.