Blog.
National Student Debt is $1.6 Trillion
Student loan debt has tripled in just 14 years. It's the largest form of household debt after mortgages. According to Moody's, 49 percent of borrowers who took out loans from 2010-12 haven't paid down their debt at all. Student Debt has Highest Default Rate Several...
Nontraditional College Students are More Common Now
According to the most recent data from the U.S. Census Bureau's Current Population Survey School Enrollment Supplement, 18.9 million people were enrolled in 4-year colleges in 2018, compared to 20.4 million enrolled students in 2011. Two-year institutions also saw a...
Marriage, Divorce, and Student Loans
While marriage is about love and commitment, there are also legal factors to consider before taking part in this union. For those already married and considering divorce, the legal ramifications of this separation take center stage. Whether you are thinking of tying...
Can you Deduct Paid Student Loan Interest on Your Tax Return?
The student loan interest deduction survived the final version of the GOP tax bill. You can still claim a deduction up to $2,500 per year on the student loan interest you paid. The tax benefit applies to individuals earning less than $65,000 and married couples...
Four Ways We Optimize Student Loan Repayment
When paying off student debt, it is vital to prioritize financial goals. Paying down student loans are often not a priority over tackling credit card, medical, and auto debt. Our goal is to help those with student debt find a repayment plan that fits into their...
How to Avoid Student Loan Scams
When you are facing student loan debt of any kind, it is understandable that you will latch onto any concept of assistance. Let’s face it, paying down student loan debt can feel like an unending process where progress is impossible. The more desperate you become and...
What You Need to Know About Student Loan Forgiveness for 2020
It can feel overwhelming when you owe over $40,000 in student debt. Those monthly student loan bills inhibit millions of people from buying a house, saving for retirement, or even starting a family. Many student loan borrowers we service latch onto the idea of total...
Predictions for Student Loan Benefits in 2020
We would be remiss to end the year without sharing what to expect from our industry for 2020. Even before the election year begins, student loan debt is already under a political spotlight, but whether any action is likely to be taken is still unclear. Here are...
2019 Year in Review
IonTuition had one of its best years. We're excited to continue our momentum into 2020. Our product continues evolving to include more relevant features and tools, and we're seeing unprecedented interest from employers in all sectors. New Service Offering: Income...
Financial Wellness Programs Need Student Loan Assistance
There are hundreds of financial wellness products and programs available to employers. The majority of these are online platforms designed to improve employee financial literacy through financial coaching, budgeting tools, refinancing/loans, early wage access, and...