Student & Parent Loans

The goal for every parent of students seeking higher education is to have their child graduate debt-free. The unfortunate reality of life is that college is not free. Therefore, many students will graduate with some debt burden. The amounts they carry will vary based on the institution they attend, the type of degree obtained, and how much student loans they borrow. If parents are not fiscally sound and prepared to cover their student's tuition expenses through 529 Savings Plans, home…

You thought you finally had peace of mind because you graduated from college, but now the weight of the debt you incurred feels like a mountain on your shoulders. How can you pay this money off faster and still remain relatively sane? Here are tips from 3 experts on how to pay off college debt fast. We hope this helps! How To Pay Off College Debt Fast - Advice From 3 Experts Kayla Matthews, Dumb Little Man According to author…

For years, student loan scams have been tempting borrowers with empty or misleading promises that they can have their loans discharged or forgiven. These unscrupulous companies charge fees to enroll borrowers in free Department of Education programs and services including income-driven repayment plans, deferment and forbearance. Now, amid the coronavirus pandemic, a new crop of student loan forgiveness program scams have emerged. Their tactic is the same, except this time they're attempting to charge fees for the protections that are…

Jan Miller is a student loan expert and founder of Miller Student Loan Consulting, where he helps clients develop student loan repayment strategies that fit their financial goals.  Previously, Miller spent eight years working in 11 different departments at four student loan servicers — including Nelnet, one of the largest federal student loan servicers. “I saw every side of the industry,” Miller says.  Later in his career, when he was working as an investment advisor at Morgan Stanley, Miller started…

Debt, despite how essential it is for many American families trying to afford college, can be in and of itself the cause for quite a bit of stress. When you factor in the further difficulty students are having finding employment after graduation, and loan management companies that can be less than forthcoming with information that could ease your repayment burdens, the tension only grows. Wouldn't it be great if there was a trick or a quick fix to help get…