What is The Easiest Way For Me to Not Have My Tax Refund Intercepted This Year for Student Loans?

Question: Dear Steve, Multiple federal loans and grants in default. 3 of which have already been placed in a rehab program with monthly payments of $5. Currently a homemaker with one income, fiances’, as I am home with our 3-month-old child. Looking for best option to get all of my loans out of default and … Read more

Who is Reputable to Help Me Get My Student Loans Forgiven? – Bella

Question: Dear Steve, I graduated in 2007 with $90,000 in loans… since then i have been having babies and working very minimum and my loans were in forbearance. Now they are $160,000 and completely unaffordable. I cant even cover the monthly interest rate at this point let alone the actual loan. Do you know of … Read more

Why Income Based Student Loan Payments Can Be a Terrible Trap

What Student Loan Assistance Companies Are Not Telling You With the surge in companies that are selling student loan assistance programs it seems their product is most commonly just filling out paperwork to enroll people in income driven repayment programs for federal student loans. It’s an easy sale, “We Can Lower Your Payment,” is a … Read more

Department of Ed FFEL Joint Consolidation Rules Arbitrary & Punitive

Not that long ago I wrote an article, “This is One Way to Get FFEL Spousal Consolidation Loans Forgiven” in which a reader was looking for a way to deal with her previous FFEL spousal joint consolidation loan with her ex-husband. She wanted to move forward in a positive way in dealing with her student … Read more

This is One Way to Get FFEL Spousal Consolidation Loans Forgiven

“Dear Steve, I have been a government employee and/or public servant since 1991. I am now 45 and I hope to retire by age 72. In or around 2002, I consolidated my law school student loans with my then husband into both a FFEL subsidized and unsubsidized loan. The total amount consolidated was roughly $42,000. … Read more

The Best Way to Lower Parent PLUS Loan Payments

Parent PLUS student loans sure seem like a financial death trap. Parents are encouraged to jump into them to help pay for school by taking out Parent PLUS student loans, and they think they are doing a good thing, but is it smart? What a Parent PLUS Loan Is For those that might now be … Read more

I’m in an Administrative Wage Garnishment. How Can I Consolidate My Student Loans? – Tina

“Dear Steve, My wages are garnished for a defaulted student loan. I read your post about consolidating and getting on a reduced payment plan (IBR). I have tried this with my federal student loan agency and they will not allow me to do this. Their response is that I cannot consolidate while I am in … Read more