Category:
Students

Over 4 million Americans have defaulted on their student loans. Here are some ways to take control of your student loans.

Using Rehabilitation Loans for Student Loan Default

By Bill Fay | May 20, 2017

Tens of millions of Americans struggle with a mountain of student loan debt and each year huge numbers simply stop making payments and end up in default. That is a…

Flow chart showing different branches of student loan repayment options

Income-Based Repayment of Student Loans

By Max Fay | May 18, 2017

Finding a decent solution to paying off student loan debt is becoming almost as difficult for college graduates as finding a decent job. The federal government defaults every student loan…

If you are facing a partial financial hardship, this plan offers you the lowest monthly payment amount of the repayment plans based on your income

PAYE vs REPAYE: Pay As You Earn Student Loan Repayment Plans

By Bill Fay | May 17, 2017

After providing an endless supply of loan opportunities to help students solve the problem of paying for a college education, the federal government was faced with the obvious follow up:…

vector illustration of public service icons for managing and city administration concepts in circles network shape design

Public Service Loan Forgiveness

By Bill Fay | April 25, 2017

The Public Service Loan Forgiveness program was created in 2007 to offer federal student loan borrowers an incentive to choose careers in government, public service and nonprofits. And with that…

Empty College Classroom Blurred

Students & Debt

By Bill Fay | April 16, 2017

TOTAL U.S. STUDENT DEBT $0 Trillion STUDENT DEBT ACCRUED EVERY SECOND $0 AVERAGE STUDENT DEBT 2017 $0 Financial Aid & Student Loans The average college tuition cost ranges from $9,410…

FAFSA Benefits Students

Changes to FAFSA Benefits Students

By Max Fay | October 25, 2016

You’re a college student, and life feels grand. You have your classes picked out for next semester, and you’ve signed a lease through next year. Everything is falling into place.…

Before you graduate you need to make a plan on how you will pay back your student loans

How to Pay Back Your Student Loans

By Max Fay | November 18, 2015

Paying back student loans has become a challenge for more and more Americans each year. The cost of college has increased more than 135%, or about 2.3 times, between 1963…

Graduation with many happy students

Attention 2015 college graduates: You just started a six-month grace period. Most of you, anyway.

By Bill Fay | June 5, 2015

There are approximately 2.8 million college graduates this year and 75 percent of them – 2.1 million people – borrowed an average of $35,000 to pay for that diploma. That…

Educational grant theme with pink piggy bank with chalkboard in the background as concept image of the costs of education

Aid Awarded By Your College

By Bill Fay | April 24, 2015

Are you aware of how much money colleges and universities give away with grants and scholarships? A lot more than you think! The College Board Trends in Financial Aid says…

Glass jar with money for education on wooden table against green background

Graduate School

By Bill Fay | January 19, 2015

The steps needed to pay for graduate school are not a whole lot different than the ones taken to get a bachelor’s degree – fill out the FAFSA form, investigate…