Here are the biggest factors that contribute to student loan forgiveness eligibility to wipe away your student loans.
Imagine this: you graduate from your dream school, land your dream job, move into a posh new apartment with a nice view of the city, get your first ‘real’ paycheck, and buy that new suit you’ve had your eye on. Life is good. Then this arrives in the mail: Your student loan account statement. There are a […]
Calculating the math behind whether it makes sense to do married filing separately for IBR or PAYE for student loan debt.
15 Minutes To Stress-Free Student Loan Forgiveness I’m Robert Farrington, and I’m America’s Student Loan Debt Expert. I’ve been helping people escape student loan debt since 2009, and I’d like to help you get student loan forgiveness.Public Student Loan Forgiveness is the BEST way to escape your student loan debt – but understanding if you […]
I get a lot of questions about student loan forgiveness and taxes. The questions come in many forms: Will I owe taxes on the amount of my student loan debt forgiven? What will my student loan forgiveness tax burden be? Is the debt forgiven tax free for student loan forgiveness? So, will I pay taxes […]
We put together an ultimate guide that lists every student loan forgiveness program by state, as well as who to contact and who is eligible.
The hard part of dealing with student loan debt isn’t making payments on it. The hard part is navigating the complex world that is the student loan repayment system. There are multiple repayment plans, student loan forgiveness programs, different options offered by each state, and more. I’ve been talking to roughly 5-10 people a day […]
Are you currently attending classes and are taking out student loans to cover the tuition costs? If so, you may have also wondered how this impacts your tax refund. The answer is not all that complex, but you need to understand a few things in order to get a complete picture of the impact that […]
President Obama has been a champion of helping people who have been burdened by student loan debt, but a lot of people are having trouble finding out about the new program he created to help students in debt. The Obama Student Loan Forgiveness Program, which people are searching for, is technically called the Pay As […]
It’s estimated that roughly 50% of student loan borrowers qualify for some type of student loan forgiveness program. But this statistic is misleading, because a lot of borrowers think this means qualifying for some type of student loan forgiveness program. That’s wrong. Actually, most borrowers qualify for student loan forgiveness through one of these “secret” […]
Last year, I helped answer a reader’s question about applying for a mortgage while on Income Based Repayment. However, over the last several months, I’ve been getting bombarded with questions about how student loan debt impacts your ability to get a mortgage. Maybe it’s because the housing market is improving, or maybe it’s because people […]
We are now in the second week of the government shutdown and there does not seem to be any end in site. We have all heard about the highly publicized shutdown of our national parks, government agencies, and the recent debacle over military death benefits. Last week we even covered how the Government Shutdown Will […]
It’s no secret that student loan debt has gotten wildly out of hand in the past few years; in 2015, there was $1.2 trillion in outstanding student loan debt. But what else are you supposed to do? Getting a decent job is pretty much impossible without at least a bachelor’s degree and tuition is just flat-out […]