Student loans in the United States

Frequently Asked Questions about Student Loan Consolidation

Student Loans / By Lynnette Khalfani-Cox, The Money Coach / debt consolidation, Student loans in the United States

Question: How does loan consolidation work? Answer: When you consolidate your student loans, your original debts are paid off and you roll the combined balances from your previous loans into one new, larger loan with a fixed interest rate. Question: What are the main benefits of loan consolidation? Answer: It’s easier to make one payment …

Frequently Asked Questions about Student Loan Consolidation Read More »

Student Loan Cancellation Programs—Big Hassles, Even Bigger Payoff

Student Loans / By Lynnette Khalfani-Cox, The Money Coach / PLUS Loan, Student loans in the United States

Under federal law, you can get your federal student loans canceled or discharged for many different circumstances.

Reasons for loan discharge:

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All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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