When it comes time to repay your student loans, many lenders offer a variety of repayment plans -- some of them quite flexible. The plans available to you depend on the types of loans you have. Find out what kind of loans you have, learn about the options, and make the best choice for your financial situation.
If you are married and repaying student loans under a federal income-driven repayment plan, you have an important choice to make when filing your tax return: whether to file as “married filing jointly” or “married filing separately.” Choosing one over the other might lower your monthly student
If you have student loans that you took out from a private bank or lender (that is, loans that are not federal student loans) you cannot take advantage of the federal flexible repayment plans. You can negotiate a loan modification with your private student loan lender or servicers, but according to a
Be very cautious about consolidating a federal student loan into a private consolidation loan. Federal student loans have many more repayment options than do private loans. Once a federal loan is converted into a private loan, those options are gone forever. If you lose your job or your income changes,
The skyrocketing rate of student loan debt and default has lead to an undesirable side industry: companies promising student loan debt relief services. Many of these companies promise an end to your student loan problems, or even the elimination of your student loans completely. Unfortunately many consumers