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Income Based Repayment Plan

Parents Plus Loans -- Trap for the Unwary

Richard Gaudreau | Posted 10.01.2016 | College
Richard Gaudreau

It is easy to get lost in the maze of regulations governing federal student loans. Parents Plus loans can be particularly daunting because many pare...

There's a Catch to Income-Based Repayment That Could Cost You Money

Steve Rhode | Posted 05.17.2015 | Money
Steve Rhode

When it comes to dealing with student loans it can be a good news-bad news situation. While there are some good options to dealing with student loans when you can't afford the payments, not all loans are the same.

Soon Student Loans Will Look Like the Tax Code

Bob Hildreth | Posted 04.28.2015 | College
Bob Hildreth

Colleges make it simple for students to borrow by packaging several different types of federal loans... Sometimes, schools even give students more loans than they need. The students have to accept the package and deal with the loans when they leave, whether they graduate or not.

Sometimes Bankruptcy Discharges Student Loans

Brad Reid | Posted 04.21.2014 | Education
Brad Reid

In reviewing reported cases over the last eight months that directly addressed student loans in the context of bankruptcy, almost one-third of these court decisions allowed a discharge. There are several lessons to learn from these recent decisions.

Student Loans -- Do Criminals Have More Rights?

Richard Gaudreau | Posted 07.29.2013 | College
Richard Gaudreau

Student lenders have collection powers denied most creditors. Credit card companies can't garnish your wages without a court order. A federal student loan collector can garnish your wages just by sending a notice in the mail to your employer.

5 Money Lessons Every New Graduate Needs to Know

Adam Levin | Posted 06.26.2013 | College
Adam Levin

It's that time of year again. Graduation. That seminal moment in our lives when, in ceremonies of varying degrees of pomp and circumstance, our elders pass on the wisdom of the ages to those of us who are evolving from the shelter of the ivory tower to the stark reality of the "real world."

How Obama's Giving Rich Kids A Leg Up

The Huffington Post | Catherine New | Posted 10.16.2012 | Money

Lawyers, MBAs and other high-income professionals will get a bigger break on student loans than low-wage earners under the government's new income-bas...

Obama's Quiet Revolution

Jonathan Meiburg | Posted 12.16.2012 | College
Jonathan Meiburg

To millions of Americans and their children caught in the pincers of a pressing need for a college education that each year grows more expensive, the Obama administration has quietly thrown a lifeline. So quietly, in fact, that you probably don't know about it.

Can Your Family Afford College?

Jason Alderman | Posted 05.19.2012 | College
Jason Alderman

I'm a firm believer that the more knowledge you acquire, whether through college, trade school or self-study, the richer your life will be. But as college tuition and fees continue to skyrocket, students and parents increasingly are asking, "Is a degree really worth the cost?"

Easing Student Loan Repayments

Jason Alderman | Posted 03.19.2012 | College
Jason Alderman

If you're having difficulty paying off your student loans and want to avoid defaulting, Income-Based Repayment and other options are available that might help.

A Sensible Solution to Student Loan Debt

Richard Lee Colvin | Posted 01.12.2012 | College
Richard Lee Colvin

Last month, President Obama announced a plan to make it a little easier for 1.6 million college graduates to repay their government loans. This is welcome. But it doesn't go far enough.

Federal Student Loan Changes

Jason Alderman | Posted 05.25.2011 | College
Jason Alderman

A key component of the recently passed Health Care and Education Reconciliation Act will result in several significant modifications to the how federal student loans are offered and processed.