Student loans
"Private student loans should be avoided at all costs." Suze Orman
Better educating our college students on the risks of high student debt and helping them to find alternatives to taking out student loans would help make the difference to their financial future. Darryl Glenn
TIPS:
Never borrow more in the 4 year degree than you will make on your first year earnings working at that degree or career chosen
See if you qualify for Public Loan Forgiveness program like doing homesteading, or working for government, military, emergency management , public safety, law enforcement, public health and public education.
Borrow only from the Federal student loan program avoid private loans at all cost
Additional resources:
Working with student loan borrowers that were already in repayment - Learn more about resources for students that were in repayment prior to the payment pause.
Working with student loan borrowers that are entering repayment for the first time - Learn more about resources for students that will be entering repayment for the first time.
Working with borrowers that are in default – Learn more about the Fresh Start Initiative.
Working with borrowers that may qualify for loan forgiveness, cancellation, or discharge – Learn more about loan forgiveness, cancellation, and discharge programs.
Working with service-disabled veterans with student loan debt that may be eligible for loan discharge – Learn more about Total and Permanent Disability discharge.
Working with Servicemembers and military families – Learn more about the financial aid toolkit for counselors working with military families.
Sign up as a supporting organization to help get the word out about return to repayment – Join the campaign.
How Do Student Loans Work? 7 Things to Know
Free Student Loan Repayment Tool from Savi
What happens to my federal student loans if my income drops?: f you’ve experienced an unexpected loss of income, even temporarily, you have options. If you have federal student loans, you can bring your payments down to $0 for a year, without accruing additional interest.
Do you still have questions about student loan repayment?
Prepare for Student Loan Payments To Restart
Savi Student Loan Debt Repayment Tool for all nonmembers, AARP members and their families: Take a free assessment, explore forgiveness options, get tips to help you lower your or your family’s monthly payments, and get one-on-one student loan support.
Resources for Student Loan Debt Repayment
A Guide to Student Loan Repayment and Education Benefits
Student Loan Repayment (Federal Student Aid-US Dept. of Education)
Don’t pay for help with your federal student loans
Pay your student loans — not scammers
CFPB Report Finds College Tuition Payment Plans Can Put Student Borrowers at Risk
What Happens When Your Student Loans Go to Collections?
Listen on YouTube Why hire Student Loan Planner
5 Ways To Lower Your Student Loan Payment
Before Taking Out a Student Loan: Things To Know
Expert Interview: Pay Off Your Student Loan Debt Early or Invest?
5 Facts You Probably Didn't Know About Student Loans
The Ultimate Guide To Public Service Loan Forgiveness (PSLF)
Should I Invest or Pay Off My Student Loans?
What To Know Before Cosigning a Student Loan
85 Government Agencies That Will Pay Off Your Student loan
The Complete List of Student Loan Forgiveness Program
Federal Employee Student Loan Forgiveness
Government Student Loan Repayment Assistance Program
18 Student Loan Mistakes to Avoid
The Full List Of Student Loan Forgiveness Programs By State
When is Student Loan Discharge In Bankruptcy Legally Allowed?
How To Get Help From The Student Loan Ombudsman
6 Ways to Cope When You’re Retiring With Student Loan Debt
student loans: Advice, News, Features & Tips
Consider These Programs to Help You Repay Your Student Loans
Repay Student Debt is a web tool that can provide guidance tailored to your situation.
Can I Consolidate My Student Loans and Other Debts Together?
If you have a problem with a student loan, you can submit a complaint with CFPB.
Consider These Programs to Help You Repay Your Student Loans
PSLF guides for other public service employees
Public Service Loan Forgiveness (PSLF)
How To Avoid The Biggest PSLF Errors That Cause Loan Forgiveness Denial (public service loan forgiveness)
How to spot, avoid and report student loan debt relief scams.
Understanding Student Loan Repayment
How to Pay Off $130,000 in Parent PLUS Loans for Just $33,000
How To Save Interest On Your Student Loans
Before Taking Out a Student Loan: Things to Know
What is the Best Plan for Paying Off Student Loans?
Student Loans: Answers and Resources for the Advisor's Tool Kit
9 Pitfalls of Federal Student Loan Forgiveness Programs
Your Options for Paying Back Federal Student Loan Debt
My PhD Helped Me Pay Off $60K Of Student Loan Debt
How Can Student Loan Planner Help You?
The Most Common Student Loan Scams [And How To Avoid Them]
Let's Talk: Suicide And Student Loan Debt
Things to Know Before You Take Out a Student Loan
How to Get Free Help With Your Student Loans
How Do You Choose a Student Loan?
What to Know Before Co-Signing a Student Loan
Manage and Repay Student Loans
How to Pay Off Student Loans • Money After Graduation
Using the services of a student loan planner
How to Refinance Your Student Loans - Clark Howard
Maximizing The Value Of Public Service Loan Forgiveness
80 Different Ways To Get Student Loan Forgiveness
5 Ways to Save on Student Loans
Student Loan Forgiveness For Doctors
Finding the Best Student Loan Repayment Plan for You
12 People Talk Honestly About How They Paid Off Their Debt
Advice for getting student loans forgiven, from borrowers who did it
Refinancing Student Loans: The Ultimate Guide
5 Legal Ways To Lower Your Student Loan Payment
3 Ways To Create Your Own Student Loan Forgiveness Program
Smart Student Loan Decisions for You and Your Kids
Student loans 101 | Everything from how much to borrow to paying it off
The Ultimate Guide To Student Loan Forgiveness
Help is here! Income-driven repayment plans - like Income-Based Repayment, Pay As You Earn, and Revised Pay As You Earn - cap your federal student loan payments at a percentage of your income.
The Full List Of Student Loan Forgiveness Programs By State
If you have student loans please listen to these 2 podcasts. You will find useful information about many options you have to include how to restructure those students loans, best repayment options, about rehabilitation, consolidation and even about loan forgiveness and much much more!!.
1) Podcast #258 11/10 1hr from Radical Personal Finance
Do you have student loans? Here's what you need to do!
https://itunes.apple.com/us/podcast/radical-personal-finance-financial/id896153632?mt=2&i=356904849
2) Podcast #214 06/30 1hr. 30min.
Radical Strategies for Dealing with Student Loans: Interview With Jay Fleischman, Attorney and Host of The Student Loan Show
https://itunes.apple.com/us/podcast/radical-personal-finance-financial/id896153632?mt=2&i=346220950
A Budget Template for New Grads: 10 Steps to Master Your Money
10 Recommended Budget Percentages by Category: How Much Should You Spend?
I don't like student loans.... I think you should avoid them at all cost by getting grants and scholarship and by going to state schools, working part time and/or going to school part time. But if you already have student loans ... the best thing you can do is refinance.. here is one place to go:
SoFi: Student Loan Consolidation and Refinancing Sofi is a leader in marketplace lending and the largest provider of student loan refinancing.
There is a new tool that helps you compare repayment options called Federal Student Aide repayment estimator. Use the Repayment Estimator when you're:
beginning repayment of your federal student loans for the first time; or
exploring repayment options based on your income
Other tools you may use:
1) IBRinfo: an independent, non-profit source of information about new federal student loan payment and forgiveness programs
2) How to Repay Your Loans | Federal Student Aid
How Does Student Loan Rehabilitation Work?
The Best Student Loan Debt Blogs
Student Loan Hero Calculators and tools to pay off student loans. Refinance and consolidate student loans, learn about income based repayment, public service student loan.
Tip: Do not refinance federal student loans because they have a lot of flexibility on the payback schedule like loan forgiveness, loose job-no payment, help with pay cut, pay as you earn. Exception: if you are a high income earner you will not get this flexibility.. if you know you can pay and have high income use private loans to refinance. If your employment is not stable or you are not making enough money then it is better to stay with the federal loans. Do not refinance in this case.
A lot of college students today find themselves in a serious financial crisis
When college students were asked to write a simple essay about money, the themes that emerged were so much more than kids learning to manage money. They painted a picture of students in financial crisis: Working full-time while going to school full-time and still not being able to pay their bills. Cancer. Divorce. Job loss. Foreclosure. In CNBC's "My College Dream" series, students share their college dreams, the financial challenges that popped up along the way and where they are now. Read in CNBC: https://apple.news/AV1teIV45ROindwvR5aJ4Ng
When you pay student loan off get records from the lender that the loan has been paid off in full and keep these records forever
Snowball Wealth was created to provide free student loan advice. Their free website will allow you to connect your student loans, and create a plan that works for you.
Meet the lawyer who had $38,000 in student debt forgiven
The Full List Of Student Loan Forgiveness Programs By State
PODCASTS:
Student Loan Forgiveness: Essential Update | Travis Hornsby | Ep 437 Student Loan Forgiveness: Essential Update | Travis Hornsby | Ep 437 5/14/2023