If you are struggling to afford federal student loan payments, an income-driven repayment plan may lower them. Your new monthly fee will be capped at 15%, 20% or 25% of your discretionary income, depending on which of the four financial gain-driven plans you select.
Use this calculator to estimate what your payment will be on various income-driven repayment plans. If your income is low enough, your debt may be reduced to $0 a month.
It’s quite ironic that military members put their lives on the line to protect our country only to come home and struggle with student loan debts. It’s not a great
Student loan debt is still a massive problem in 2020. It began from 2004 with $250 billion to $1.5 trillion in 2020. Now, when you complete your college degree, the
Have you heard of a graduate having five to six student loans? It's possible, and it's happening. Sometimes a student can have multiple loans with several loan companies. When that
In 2020, student loan debt has risen to about $1.56 trillion. The latest statistics show how serious the student loan debt has become for borrowers across any demographics and age
Graduating from college doesn't only imply a heavy burden of loans. If you are lucky enough to land a job quickly, you can expect a paycheck, which will help facilitate
Tertiary education is not cheap. On average, every graduate leaving college goes out with tens of thousands of dollars as payable debt. The parents of the average graduate carry a
Graduate student loans can be classified into three main categories. These are the private student loans, federal graduate plus loans, and federal direct unsubsidized loans. Usually, students would only go
Seeing your medical school expenses go up like clockwork might make you feel feverish. According to the AAMC's 2019 Education Debt Manager report, over 80% of graduating students had medical
Student loans act as a barrier for the student to get a decent education. Even if they risk to get loans and study, they struggle to repay the loan after
With the 2020 elections quickly approaching, both parties are proposing financial programs that take care of college funds. In a recent election debate, Democratic candidates offered a robust Trump student
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