Save Money Today on Your Student Loans
Figuring out how to fill out your tax return each year is enough to send anyone running for the exit. But this year your student interest loan deduction doesn't need to be a source of anxiety or frustration for two reasons:
Entering medical school is a huge decision. While the rewards can be great, becoming a doctor or medical professional is a long road. You’ll have to spend years getting a bachelor’s degree, going through medical school, and completing your residency.
Along the way, you’ll rack up a significant amount of debt. According to the Association of American Medical Colleges, 2017 medical school graduates walked away with $190,964 in student loan debt, on average. So the question is, is med school worth the price tag? Let's dig a little deeper.
So, you just got a notice saying you need to register your student loans with FedLoan, and you're wondering if it's a scam.
Here's the scoop: FedLoan Servicing is a legit company. It's one of several student loan servicers contracted by the U.S. Department of Education to handle federal student loans.
Have you recently been contacted by Premier Student Loan Center? If so, you should know that online reviews suggest that Premier Student Loan Center is not a reputable company.
Wage garnishment is often the last resort for creditors and collectors who are looking to collect on delinquent debt. This process is triggered when your employer is legally required to deduct up to 25% of your earnings to pay off your debt. When it comes to student loans, this usually happens after you default on your payments.
The best way to avoid wage garnishment is to make you don't default on your student loan debt in the first place. But when you're already in the process, there are five ways to stop it—without necessarily paying someone to help you. Here's what you need to know.
If you feel like you’ve run out of options for paying your student loan debt, you may be considering bankruptcy. But is that even possible?
Filing for bankruptcy on your student loan isn’t easy, and it doesn’t always work. You can file for Chapter 7 or Chapter 13 bankruptcy. Note that neither of these options wipes away student loan debt like they do other personal debts, such as credit card debt or personal loans.