If you are looking at your student loan repayment options, then you might be scratching your head when it comes to determining the difference between Income-Based Repayment (IBR) and Income Contingent Repayment (ICR). These are great plans for borrowers who are looking for ways to get a break on their student loan payments. What’s even…
At some point, I think we all have had the month when you sit down to look at your finances and realize that there is no freaking way that you can afford to pay your student loan payment. For me, the first time that I had this feeling was after getting laid off a few…
Few things are as frustrating as trying to get Sallie Mae to properly apply your extra student loan payments. In fact, it seems as if the system is stacked against you in terms of paying down that principal. However, it can be done! What You Don’t Know About Student Loan Interest I’m not sure how…
Interested in info on President Obama’s student loan relief program? Well, back in October 2011, Obama announced something that is pretty great for those of us with a staggering amount of student loan debt. Obama’s student loan forgiveness program is designed to give people like you and me a break on these crippling student loans…
If you are new to the confusing world of student loan repayment, then you might not know all the important facts. To help you get on the right track with your school debt repayment, check out the four things below that you might be surprised to learn about the grace period on your student loans.…