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Private student loan consolidation is available through various banks we work with to combine all your student loans into one new loan. Private student loan consolidation requires a good credit score and will often have better rates than the federal student loan.
Nelnet is one of the major student loan servicers. Although its contract with the Department of Education was not extended, it will still serve for some time till the transition process ends. This huge loan servicing organization faced some claims against its operations during its contractual period.
However, it continued providing high-level service and informed students about financial matters. Nelnet is one of the companies that taught students about their forgiveness options. In this guide, we will present these Nelnet Student Loan Forgiveness opportunities in detail.Before moving to the forgiveness programs, we will also briefly introduce Nelnet and discuss the recent events the loan servicer was involved in.
More info: https://rivermonster.net/the-best-casino-software-providers-in-2020/
Considering that more than 40 million people in the U.S have student loans, it is not hard to imagine how financial challenges due to Covid-19 hit the borrowers. Fortunately, the government cared about some borrowers- the ones with federal loans- and provided some benefits in economic stimulus packages which may ease your financial struggles and indirectly help you get student loan forgiveness coronavirus .
However, such solutions also have their disadvantages. First, the government help brings only temporary relief. Second, the proposed facilitation does not cover some loans, such as private ones.Sure, the debt non-collection period that was part of the government stimulus package is helpful for borrowers. The borrowers are revealed from making payments during the 8-month debt suspension period. Such government aid helps student debtors who cannot cover the monthly expenses with low income.
More info: https://studentloansresolved.com/2021/01/25/student-loan-forgiveness-coronavirus/
The American Rescue Plan proposed by President Joe Biden is a huge stimulus package aimed to recover the economy. The $1.9 trillion worth stimulus plan was unveiled in mid-January and evoked mixed feelings toward its benefit.
For once, it was a disappointment for student loan borrowers waiting for direct Forgiveness. Unfortunately, there is no stimulus student loans in the form of debt cancellation. However, some measures still exist which can benefit the debtors.
This guide will discuss the American Rescue Plan’s different elements to create the full picture of the stimulus package for borrowers. Besides explaining the proposal, we will present alternative ways to reduce or eliminate debt obligations.
More info: https://studentloansresolved.com/2021/01/30/biden-stimulus-package-and-student-loan-borrowers/
Though the government and other parties tried to make this process less damaging to students and employees, it was impossible to benefit all. Like several other for-profit institutions, ITT Tech students also had massive debts and a high default rate. ITT Tech even had two private loan programs to provide funds for the students. That is the main reason why lawsuits still continue, and the ITT Tech lawsuit update is announced almost every year.
More info: https://studentloansresolved.com/2020/12/12/itt-tech-lawsuit-update/
Getting a nursing education can be difficult, but repaying the debt for such education is way harder. Many borrowers think that the Public Service Loan Forgiveness is the only way out for them. However, there are other options that can help nurses to repay the debt. This guide will discuss four effective ways of student loan forgiveness for nurses. It is essential to get familiar with each program to select the most suitable one. If you need further guidance, you can also contact Student Loans Resolved.
Additionally, the PSLF benefit is one of the best student loan forgiveness for nurses because it is non-taxable. Borrowers do not need to pay extra taxes from the forgiven loan amount. However, the downside of this program is that it has many requirements. Therefore, every year, thousands of borrowers get rejections due to ineligibility.
More info: https://studentloansresolved.com/2021/02/01/student-loan-forgiveness-for-nurses/
Student debt has become a major problem in the U.S concerning more than 40 million people. Every student accrues debt hoping that better education will lead to a better future. However, most of them struggle to meet the loan obligations after graduation. Whether it is a private or federal loan, debt repayment can take several years and require constant income inflow.
Yet, luckily, there are some options to ease the debt repayment process. Programs exist that can help borrowers to reduce or cancel the debt obligations. These opportunities are mostly available to federal borrowers, while private debtors can access a few options.This guide will introduce 12 ways to cancel student loan debt, covering different types of qualifications.
More info: https://studentloansresolved.com/2021/01/23/cancel-student-loan-debt/
When you’re in a lot of debt, there’ll be people who will try to take advantage of you. These fraudsters charge you thousands of dollars with a promise of lowering your student loan payments and student debt forgiveness. The student loan scams have cost borrowers over $95 million, according to the Federal Trade Commission (FTC). But that’s about to change for good!
On December 7, 2020, the House and the Senate passed a bipartisan bill. In that bill, anyone who gains unauthorized access to the U.S. Education Department’s information technology systems for “commercial advantage” or personal gain commits a federal crime. Scammers can be fined a maximum of $20,000, serve in prison for five years, or both. The bill is called the “Stop Student Debt Relief Scams Act.” It’s set to increase exit counseling requirements for universities and colleges that take part in the federal student aid programs.
More info: https://studentloansresolved.com/2021/01/27/student-loan-scams/
Nowadays, news about student loan-related issues is more challenging to understand than ever. With the 46th president’s election and continuing pandemic, there pops an update almost every day. Hence, it is not surprising that student loan borrowers feel lost due to information overload.
In accompanying the difficulties borrowers face, we created this guide to highlight the most critical points about the recent stimulus packages and debt collection suspension periods. Besides presenting, we will also explain what is in the stimulus package for stimulus package student loans and what differences it brings.Lastly, the borrowers who cannot access these benefits- the federal borrowers without direct loans and private debtors- will get familiar with their options to reduce debt obligations.
More info: https://studentloansresolved.com/2021/01/28/student-loans-and-recent-stimulus-packages/
The Covid-19 pandemic affected people both socially and economically. While some of us are still complaining about its negative consequences in the form of lockdowns and social distancing, others faced troubles to meet the ends with the lower-income level. It was estimated that more than 40% of adults struggle to pay their bills since the pandemic started.
Considering that more than 40 million people in the U.S have student loans, it is not hard to imagine how financial challenges due to Covid-19 hit the borrowers. Fortunately, the government cared about some borrowers- the ones with federal loans- and provided some benefits in economic stimulus packages which may ease your financial struggles and indirectly help you get student loan forgiveness coronavirus .
However, such solutions also have their disadvantages. First, the government help brings only temporary relief. Second, the proposed facilitation does not cover some loans, such as private ones.
More info: https://studentloansresolved.com/2021/01/25/student-loan-forgiveness-coronavirus/
Student debt has become a major problem in the U.S concerning more than 40 million people. Every student accrues debt hoping that better education will lead to a better future. However, most of them struggle to meet the loan obligations after graduation. Whether it is a private or federal loan, debt repayment can take several years and require constant income inflow.
Yet, luckily, there are some options to ease the debt repayment process. Programs exist that can help borrowers to reduce or cancel the debt obligations. These opportunities are mostly available to federal borrowers, while private debtors can access a few options.This guide will introduce 12 ways to cancel student loan debt , covering different types of qualifications.
More info: https://studentloansresolved.com/2021/01/23/cancel-student-loan-debt/
The US government initiated several programs to help students in financing their education through different loan programs. Overall loans can be classified into two groups: Federal Loan programs and Private Loan programs. The second class programs are narrower and mainly speculated for specific students regarding their field of study. Many of them finance future farmers, bankers, and public workers.
They offer a loan in diverse interest rates and trying to implement regulations that everybody is consent. William B Ford Act is one of many federal loan program and is called with different names such as Direct Loan, Stafford Loan and Ford Loan in various universities. The idea of the program is that the US Department of Education gives a determined amount of money. The pros of the William D Ford Act is that it is directly linked to the Department of Education.
More info: https://studentloansresolved.com/2019/03/29/2019-guide-william-d-ford-act/
In 2021, many students can be qualified for the University of Phoenix student loan forgiveness. The lawsuit charged the UOP, claiming delusive recruiting methods, misrepresenting the income and job replacement rates. After this student loan class-action lawsuit, the University of Phoenix settled $10 million by ED. As the Department of Education announced, borrowers may get partial loan forgiveness, depending on their income.
If you are a student misled and defrauded by the university, there are closed for-profit school student forgiveness programs, such as Borrower Defense to Repayment to discharge your student loans. President-elect Joe Biden gives huge importance to this program and wants to return it to its glorious days. Hence, the borrowers have a higher chance to get rid of the debt through this program.
More info: https://studentloansresolved.com/2019/02/09/university-phoenix-student-loan-forgiveness/
The Federal government and Education Department provide many opportunities to borrowers to eliminate their debt burdens.This guide focuses on student loan forgiveness for disability .
If you wonder how to stop wage garnishment, you have several solutions. You can avoid the cause-default status on loan, object to the involuntary collection decision or utilize different techniques for stopping student loan garnishment .
A few days ago, a new US budget plan 2021 was announced and submitted to Congress. The budget is worth almost $6 trillion, which is the highest amount of spending since World War II. The White House noted that they are dealing with big challenges, and hence, they need more money.
