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Ready to Pay an extra $400 toward Student Loans Monthly?
After 3 years of Federal student loan forbearance, Americans will contend with a familiar line item in the budget. Most aren't ready for it.
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How to Deal with Excessive Student Loan Debt Payments
On July 2nd, 2019, FedLoans had the nerves to send me a happy go lucky letter stating that my student loans contributions have increased yet again to $730 per month. $250 more and that’s someone’s rent. At this point, I’m sure they laughed when they drafted this letter. A slow invisible tear fell from my cheeks, while I clenched my fists. Goodbye, $541.79 per month and the morning $3.5 croissant at Pret-a-Manger. You shall be missed. Additionally, no more Avo Shake from Joe and the Juice. Damn it, you will also be missed. I must adopt austere measure and the NetMax Financial Plan. The threats are real!!! $1,040.09 The Average Debt Problem…
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Don’t Miss Out on Your State’s Student Loan Tax Credits!
“Biden’s chief of staff said that the president asked the Education Department to review his legal authority to cancel debt and that he will determine how he could proceed.” NBC News, April 1, 2021 With this headline, twitter was a buzz with conversation again from those holding their breaths to hopefully see Student Loan reform. Additionally, with more than 40 million Americans with student loan debt, the last stimulus surprisingly did not include any student loan debt cancellation promises or ideas. The Federal Reserve estimates that Americans owed more than $1.7 trillion in student loans. Available Federal Student Loan Debt Relief Beyond the grim news, there are options. Especially, during…
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New Stimulus Package Doesn’t Include Student Loan Debt Relief ASAP?
Student Loan debt is the definitive crisis of the millennial generation. There are Federal student debt relief programs that exist for those in public service-related jobs (ie Federal employment) and the military, however, a lot of people age 39 and younger are way behind on student loans.
