Anna Helhoski is a writer and NerdWallet's authority on student loans. Her work has appeared in The Associated Press, The New York Times, The Washington Post and USA Today. She recently paid off her own student loan debt and is motivated to help other borrowers do the same. She holds a bachelor's degree in journalism from SUNY Purchase. Email: [email protected]. Twitter: @annahelhoski
Student loan scammers have a brand-new hook: “Biden student loan forgiveness” or “stimulus forgiveness.” Behind the pitch is the same old fraudster playbook, one that persuades federal student loan borrowers…
Current college students can’t consolidate their federal student loans while they’re still in school. Consolidation involves combining all of your loans into one single loan through the U.S. Department of…
You can consolidate private student loan debt, but the process is usually referred to as refinancing. Student loan refinancing is a financial move you make to combine all of your…
Wells Fargo is no longer issuing student loans. Wells Fargo stopped offering private student loans and refinancing student loans after Jan. 28, 2021. Wells Fargo is selling and transferring all…
The Student Aid Index is a rebranding of Expected Family Contribution, or EFC. The new name is meant to clear up confusion about what EFC actually is: A number that…
Over the past year, more than 20 million federal student loan borrowers have been able to pause their payments to cope with pandemic-induced financial stress — a postponement that President…
Long-awaited changes to the Free Application for Federal Student Aid form aim to make completing the form easier, unlocking aid to pay for college. The simplification effort also expands eligibility…
Federal student loan borrowers are waiting with bated breath to see whether loan forgiveness — which President Joe Biden says he’ll make a priority — becomes a reality. Industry experts…
If you default on your federal student loans, you have two main options for getting out of it: loan consolidation or loan rehabilitation. Your defaulted debt will be sent to the…
You’ll need to submit an income-driven repayment application at studentaid.gov or download a paper request form and submit it to your servicer (the company that sends you a bill every…
