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Should I Refinance During the Student Loan Interest Waiver?

Should I Refinance During the Student Loan Interest Waiver?

The U.S. Department of Education’s suspension of student loan interest doesn’t necessarily translate into an opportunity to refinance your federal student loans, but it may be an opportunity to secure a lower interest rate for your private loans. Keep in mind that...

More Student Loan Relief in the $2T Stimulus Bill

More Student Loan Relief in the $2T Stimulus Bill

On Wednesday, the Senate unanimously passed a $2 trillion stimulus bill to assist Americans affected by the COVID-19 outbreak. Interest Waiver Extended to Six Months The government extended the interest waiver from two months to six months. While this waiver will...

Guidance on Federal Work-Study (FWS) During School Closures

Guidance on Federal Work-Study (FWS) During School Closures

If you’re a college student at an institution that has closed due to COVID-19 disruptions and you’re unable to work your scheduled Federal Work Study (FWS) hours, your institution may continue paying you wages during a closure. Federal law includes a provision...

Has COVID-19 impacted you financially?

Has COVID-19 impacted you financially?

If you’ve had your income reduced or eliminated due to COVID-19 and you’re repaying student loan debt, you may have trouble paying your essential bills. Even with a student loan interest waiver, your monthly payment will not be affected. Need immediate relief with...

Will Federal Student Debt Be Cancelled?

Will Federal Student Debt Be Cancelled?

In the 10 years since the Department of Education has been running the Direct Loan program, the national student loan debt has doubled. The huge student loan balances carried by college graduates (and dropouts) have been blamed on delaying economic generators such as...

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