Blog.
Most Graduates See Return on College Investment within Five Years
The Years to Recoup Educational Investment = Total College Costs / (College Salary — Typical High School Salary) The US Department of Education - College Scorecard provides data sets on average college costs with variables broken down by sector, credential, and field...
Changes Made to Federal Student Loan Programs Bring Borrowers Closer to Forgiveness
3.6 million Borrowers Affected by New IDR Waiver Program On April 19, 2022, the Department of Education announced they will bring borrowers closer to public service loan forgiveness and income-driven repayment (IDR) forgiveness. Federal Student Aid (FSA) estimates...
Student Loan Repayment Pause Extended Until August 31
Your Student Loan Repayment, Interest, and Collections Will Remained Paused through August 31, 2022 On April 6, the Department of Education (Department) extended the deadline for the student loan relief program established under the CARES Act to August 31, 2022,...
IonTuition Merges with i3 Group and Creates a New Platform for Student Success Beyond College.
IonTuition.com the country’s first online student loan repayment management platform focused on employers and schools has merged with i3 Group, LLC the premier choice since 2009 for colleges and universities to help their students better manage and optimize repayment...
Student Loan Repayment Plans or Tuition Reimbursement?
The Difference Between Student Loan Repayment Plans and Tuition Reimbursement Student loan repayment is expected to resume May 1st after two years of interest-free forbearance extensions following the CARES Act, which was originally passed in March of 2020. With...
Student Loan Repayment Pause Extended Until January 31, 2022
Last week the U.S. Department of Education extended the pause on student loan repayment, interest, and collections until January 31, 2022. The Department indicated this would be the final extension granted, and borrowers will receive notices about this extension from...
Student Loan Emergency Relief Extended until Sept 30, 2021.
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed, suspending loan payments, stopping collections on defaulted loans, and setting a 0% interest rate. The CARES Act has since been extended on Federal students loans until...
Why you should stop refinancing your federal student loans and other recommendations
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...
Employer Contribution Benefit Extended until 2025
The latest stimulus bill passed into law includes an extension on tax-free payments by employers to pay down employee student loan debt. This provision originally set by the CARES Act was due to expire on December 31, 2020, but last month’s passing of the Consolidated...
A Little More Relief – But Don’t Wait
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...