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Retain federal student loan benefits: When you consolidate federal student loans, you can still take advantage of income-driven repayment plans, forgiveness options and repayment hardship plans in ...
The U.S. Department of Education is undertaking a student loan payment count adjustment that could result in additional time put toward your payment timeline as well as actual student loan ...
One payment per month: Instead of making multiple student loan payments on your federal loans, you’ll make one every month, whether you consolidate with a Direct Consolidation Loan or with a ...
“It allows the employee to get a 401(k) match for the amount of student loan payments made.” If your employer offers this perk, take full advantage of it. It’s essentially free money.
Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan cancellation or credit toward cancellation. The Education Department ...
Using the example above, if you take out a $5,000 debt consolidation loan with a three-year term and an 11 percent fixed interest rate, you’ll pay $164 per month and $892.97 in interest over the ...
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