Student Loans

If you were disabled in the past, a letter from a doctor that testified to your condition was needed to qualify to have your student loan discharged. Back in 2002, however, the Department of Education tightened the guidelines and the...

I can already guess what many of you are thinking about getting a student loan cancellation or discharge for reasons of death. You’re thinking, a) I’m reading this information, Lynnette, so I’m obviously alive and not dead! and b) I...

For a college grad with big student loans, it’s probably the closest thing you can imagine to hitting the lottery: getting a discharge or cancellation of all your loans and making those debts instantly vanish. Unlike the lottery, you’re not...

It takes the average college graduate 15 years to repay his or her student loans, according to the College Board. A lot can happen over that time. So if you ever find yourself struggling to pay your college debts, or...

In this tough economy, an increasing number of college graduates (and college drop-outs) are falling behind on their student loans. According to the Department of Education, federal student loan defaults are up to 6.9% in 2009, well above their year-ago...

You can consolidate your student loans into one payment in an effort to reduce your monthly payments. Before you can consolidate, you have to bring your loan(s) out of default status, if any are in default. You do this by...

If you default on a federal student loan, the government has a right to garnish your wages in order to obtain payment. The good news is that you can appeal a wage garnishment and request a hearing on the matter...

Anyone with student loans receives lots of offers in the mail from lenders seeking to consolidate your student loans. To learn more about this option, read below for my last tip in a series of “Seven Smart Ways to Pay...

By Lynnette Khalfani-Cox, The Money Coach Did you know that you could negotiate loan rates and terms on any new federal student loans? To learn more, read below for my Tip #6 in a series of “Seven Smart Ways to...

A host of working professionals and volunteers can have their loans forgiven or outright canceled. To learn more, read below for my Tip #5 in a series of “Seven Smart Ways to Pay Off Student Loans Fast.” A new tip...

Most people think only students who are enrolled in school can get deferments on their student loans. Nothing could be farther from the truth. There are a variety of reasons those with loans can defer or cancel their payments. To...

Who better to forgive your student loan than the lender? Just as Mom and Dad sometimes forgive portions of a loan to you, the same can be said for the Federal government, which issues more than 10 million student loans...

You obtained that college degree for a reason: To get a decent-paying job. That job just might pay off your student loans in a way you haven't before considered. To find out how, read below for my Tip #2 in...

About 70% of today’s four-year college graduates have student loans to repay. The typical recent grad has roughly $35,000 in student loans, according to data from Edvisors. While it often takes borrowers 10 to 15 years or more to pay...