Student Loan Interest Rates Expected to Drop

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...
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...