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Why you should stop refinancing your federal student loans and other recommendations

Why you should stop refinancing your federal student loans and other recommendations

Jan 20, 2021 | News, Student Loan Repayment Assistance

President Biden’s administration has extended two major initiatives from now until September 30, 2021, which benefits employees and their family members.  1. Interest will stop accruing. 2. No repayment is required. The media reports the President will take the...
A Little More Relief – But Don’t Wait

A Little More Relief – But Don’t Wait

Dec 9, 2020 | News, Student Loan Repayment Assistance

CARES Act Relief Extended Until January 31, 2021 On December 4th, the Department of Education extended the deadline for the student loan relief program established under the CARES Act to January 31, 2021, giving America’s 42 million borrowers an extra month to prepare...
The #1 Thing to Do Right Now to Prepare for Student Loan Repayment

The #1 Thing to Do Right Now to Prepare for Student Loan Repayment

Nov 9, 2020 | Student Loan Repayment Assistance

Nearly 45 million Americans—about 1 out of every 5 adults—are carrying some form of student loan debt. At the start of the COVID-19 pandemic, the CARES Act aimed to help those in debt by suspending payments, stopping collections, and waiving interest on all federal...
Federal Student Loan Payments, Collections, and Interest Now on Hold until Dec. 31 2020

Federal Student Loan Payments, Collections, and Interest Now on Hold until Dec. 31 2020

Aug 26, 2020 | News, Student Loan Repayment Assistance

On August 8th, President Trump released an executive memorandum extending the student loan payment relief outlined in the CARES Act until Dec 31, 2020. Last week, U.S. Secretary of Education Betsy Devos directed Federal Student Aid (FSA) to implement the president’s...
Are you in the right student loan repayment plan?

Are you in the right student loan repayment plan?

Jul 22, 2020 | Financial Literacy, News, Student Loan Repayment Assistance

Millions of Americans are unemployed right now. Federal direct student loans are in a temporary forbearance due to the CARES Act, but that will end in September. Now is the time to review your current financial situation and determine whether or not you’re in the...
Nelnet and Great Lakes will no longer service federal student loans!

Nelnet and Great Lakes will no longer service federal student loans!

Jul 6, 2020 | General, News, Student Loan Repayment Assistance

If you have Nelnet or Great Lakes for your federal student loan servicer, you will soon be receiving a new servicer. Nelnet and Great Lakes, which collectively manage federal student loans for approximately 13 million student loan borrowers, will no longer service...
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