Question: Dear Steve, The Parent Plus loans for my daughter’s undergraduate education will be coming out of deferment soon, and my husband and I already know it’s going to impossible for us to make the payments in any way but the ICR plan, which means of course, we would have to apply for a Direct …
Question: Dear Steve, Mom passed away unexpectedly last week, we live in the state of California. My brother went to college in Savanah. My Mom had 100+k for my brothers school in parent plus loans. I just found out because my stepdad consigned the loans but has almost not income to pay for them. It …
Question: Dear Steve, I have about $20,000 of private debt from my undergrad degree, that went into collections when I lost my job due to the 2008 recession, and literally had to choose between my loan payment and putting food on the table. I’ve been getting calls from various collection agencies every since. My federal …
Question: Dear Steve, My student loan (originally taken out for my children) is now owned by the government and administered by fedloan.gov. The loan is in my name alone — my wife is not on the loan. 1. Does filing separately exclude my wife’s income from consideration in an IBR? When I started with fedloan.gov …
