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How to Refinance Student Loans — Interview With Betsy Mayotte, President and Founder, the Institute of Student Loan Advisors
TUN sits down with Betsy Mayotte, the president and founder of The Institute of Student Loan Advisors (TISLA), to discuss what you should know before you refinance your student loans. TUN: Betsy, thanks so much for joining us. MAYOTTE: Yeah, thanks for having me. So, what does it mean to refinance your student loans? Refinancing… Read More
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How to Have Your Federal Student Loans Forgiven
Having your federal student loans forgiven may seem like something out of a fairy tale. But it is, in fact, possible. That said, successfully having your loans forgiven can be an extremely confusing task, full of barriers and stipulations. To make things easier for you and save you the preliminary research, we’ve broken down many… Read More
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What Is Public Service Loan Forgiveness? And How Do I Qualify to Get It?
The first group of borrowers who tried to get Public Service Loan Forgiveness – a George W. Bush-era program meant to provide relief to those who went into socially valuable but poorly paid public service jobs, such as teachers and social workers – mostly ran into a brick wall. Of the 28,000 public servants who… Read More
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Everything You Need to Know About Grad PLUS Loan
A Grad PLUS loan is a federal student loan that’s available only to eligible graduate and professional students. It is issued by the U.S. Department of Education through the William D. Ford Federal Direct Loan Program (Direct Loan), and is a subset of the Direct PLUS loans. Grad PLUS loans, like other federal student loans,… Read More
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What is a Stafford Loan?
A Stafford Loan is a federal student loan made and guaranteed by the U.S. Department of Education. Named in honor of Vermont Senator Robert Stafford for his contribution to higher education, Stafford Loans are available to eligible undergraduate, graduate and professional students. Stafford loans are currently available only through the William D. Ford Federal Direct… Read More
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What is a Parent PLUS Loan? All You Need to Know
The price of a college education in the United States has increased across the board over the past 30 years. Between the 1992-93 and 2022-23 academic years, the average published tuition and fee prices have risen, in 2022 dollars, as follows: Type of Institution 1992-23 Price 2022-23 Price Public two-year colleges $2,340 $3,860 Public four-year… Read More
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What Are Federal Student Loans?
When it comes to college education in the United States, the numbers are astounding (and not in a good way). The total student debt has reached a high of $1.7 trillion, with the average undergrad borrowing about $30,000. Unfortunately, most students do not know how to manage their student debt successfully because they haven’t been… Read More
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Are Private Student Loans Right for You?
College education in the United States is getting more and more expensive, and students are borrowing more than ever to pay for their education. Student debt has reached a high of $1.6 trillion, with the average undergrad borrowing about $30,000. Unfortunately, most students do not know how to manage their student debt successfully because they… Read More
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How to Pay for College As an International Student
U.S. college education is expensive. Especially for international students, who are not eligible for a lot of federal benefits, having to worry about money while living in a foreign country is not easy. However, the mission is not impossible. While options may be fewer and restrictions tighter, the amount of financial aid awarded to international… Read More