Partial financial hardship: You have a partial financial hardship when the annual amount due on all of your eligible loans (and, if you are required to provide documentation of your spouse's income, the annual amount due on your spouse's eligible loans) exceeds what you would pay under PAYE or IBR. The annual amount due is calculated based on the greater of (1) the total amount owed on eligible loans at the time those loans initially entered repayment, or (2) the total amount

Pros & Cons to Implementing a Federal Direct Consolidation Loan: A Direct Consolidation Loan allows you to consolidate (combine) multiple federal education loans into one loan. The result is a single monthly payment instead of multiple payments. Loan consolidation can also give you access to additional loan repayment plans and forgiveness programs. Speak to a Certified Student Loan Professional™ to see if a Direct Consolidation is right for your student loan plan. Pros If you

I believe the media has done a fantastic job scaring people out of trusting that the Public Service Loan Forgiveness (PSLF) program will do what it was designed to do: Provide Loan Forgiveness for Public Service Employee Borrowers [who spend at least 10 years working in a public service profession and make income-based payments through the Direct Loan program] by having their remaining loan balances forgiven after 10 years. For some background, 2017 was the first year borrowe

Does your advisor look like a deer in headlights when you ask them about what to do with your student loans? Just like with anything, find a subject matter expert to help with your specific concerns. You wouldn't go to an eye doctor for an ankle sprain would you? Or a family law attorney for your personal injury claim? Or a pizza joint for authentic ramen? CSLP®️ (Certified Student Loan Professional) is the only designation designed specifically for financial professionals wh