The Department of Education recently launched the much awaited new federal student loan income based repayment option REPAYE (Revised Pay As You Earn). They should have named it WTF. While the program gives some consumers additional options, it is a complete miss for those wanting to get beneficial relief, especially if they are married or …
By Bob Preston The President and the United States Department of Education has just unwrapped a gift for every college student who ever took out loans to get an education – But beware! Sometimes the gift wrapping is much more attractive than the present. This one should be opened with extreme care, or as I …
Question: Dear Steve, When I was 18, I got pregnant with my first child. I had to quit the college that I was going to on a full scholarship because they had no programs for families and I couldn’t afford to make it on my own and still go to school. I moved back home, …
Question: Dear Steve, I am a single mom of two and I have about 67k in student loan debt. I cannot afford to pay my student loans after trying to work 2 and 3 jobs just to take care of my children. I don’t have anyone to help me. The payments are high, even with …
Question: Dear Steve, I owe like 50k or more in student loans that I will never be able to pay. I graduated in 1997 and have been able for various reasons to defer with different programs until recently. I guess laws changed. My loans are with Granite State. I am setup on income based payments. …
“Dear Jon, My situation is this,im a uk citizen but live abroad for most of my life,i went back to the uk on 2005 and stayed there until 2008 within that time i opened a couple of credit cards and a samll loan ,in 2008 i had to leave the uk and nevesr repayed the …