Blog.
What Happens October 1st with the CARES Act and My Student Loans?
Over 5.2 million student loan borrowers are in default. The CARES Act has several provisions to help struggling borrowers. Defaulted borrowers have a reprieve from wage garnishment and tax offsets until October 1st 2020. What happens October 1st? Wage garnishment and...
Whether or not to make payments during the CARES Act forbearance on direct federal loans
The CARES Act, signed into law on March 27, 2020, includes a broad range of provisions designed to help Americans whose everyday lives were dramatically altered by the COVID-19 pandemic. Among other measures, the Act provides relief for federal student loan borrowers,...
Is now the time to go back to school?
As millions of Americans find themselves unemployed, many are asking if now is the time to go back to school to pursue the career they have always wanted. If you’re contemplating pursuing a degree, ask yourself these questions first. Will this degree or certificate...
Beware of Recent Student Loan Scams
Warnings have been released by the Federal Trade Commission (FTC) and The Better Business Bureau (BBB) about student loan scams targeting students. COVID-19 Relief Fund Phishing Emails The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed with...
5 tips for job hunting during COVID-19
The COVID-19 pandemic has caused one of the worst workforce crises in history. An estimated 20.5 million jobs have been erased, and unemployment has skyrocketed to levels not seen in three generations. If you count yourself among these statistics, you may be...
5 tips to stay on track with e-learning
Adjusting to e-learning can be difficult. Getting into the mindset of studying requires changes to your environment and modifying your study habits. Here are some tips on how to figure out the new norm, while staying successful. Create your own workspace: Make a...
Student Loan Interest Rates Expected to Drop
Federal Student Aid announced last Friday that student loan interest rates will be dropping for new Direct Loans disbursed for the 2020-2021 school year. Interest rates are determined annually and set for a 12-month period. Rates are determined by a formula tied to...
Avoid Student Loan Forgiveness Scams
Spring is the season for student loan repayment scams. New college graduates are leaving school with an average of $35,000 in student debt. So the thought of "student loan forgiveness" while job hunting in the middle of a recession is going to be attractive to those...
We’ve Updated our Loan Sync Process
We recently updated the federal student loan sync feature within IonManage. You need to log in and link your loan information using your servicer’s account information.We are no longer supporting FSA ID for loading loan information.Once connected through your...
Should I refinance my student loans now, later, or never?
You may have seen some news articles about "record low-interest rates." While this is true, the Federal Reserve did announce a couple of rate cuts, this doesn't apply to the rate of federal student loans and there is no federal refinancing option. Those news articles...