What Is a Student Loan Grace Period?
A student loan grace period is a stretch of time, after you’ve graduated or left school, when you’re not required to make payments. Here’s what to know about your student…
Ryan Lane
Ryan Lane is a NerdWallet authority on student loans. He spent more than a decade as a writer and editor for student loan guarantor American Student Assistance. He also co-authored the U.S. News & World Report "Student Loan Ranger" blog, and The Associated Press has featured his work on college financial aid and loan repayment plans. Ryan paid off his student loans early and loves helping borrowers find the best ways to manage their own education debt. Email: rlane@nerdwallet.com.
Posts by Ryan Lane:
Will a Summer Job Burn Your Financial Aid for College?
Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. Some of these jobs may make you very familiar with the letters “SPF.” But every working student…
Big Law: What It Is and What Salary You Should Expect
Big Law is a nickname for large, high-revenue law firms that are usually located in major U.S. cities, such as New York, Chicago and Los Angeles. These firms often have…
Average Lawyer Salary: How Much Does a Lawyer Make?
Lawyers earn a median salary of $120,910, according to the most recent data from the Bureau of Labor Statistics. But the amount you’ll make depends on many factors, including what…
How Much You’ll Really Pay for That Student Loan
Those who graduate college with student loans owe close to $30,000 on average, according to the most recent data from the Institute for College Access & Success. But they’ll likely…
Average Student Loan Debt for Law School Graduates
Law school graduates finish school with an average student loan debt of $145,500, according to the most recent data from the National Center for Education Statistics. That total includes student…
How to Pay for Law School
If you’re planning to go to law school, plan on going into debt: 75% of law students take out student loans, according to Law School Transparency, a nonprofit organization. Borrowing may…
2020 Election: The Student Loans Issues
As the Democratic Party debates build toward the 2020 general election, you’ll hear presidential candidates talk about loan forgiveness, free college, even canceling student debt altogether. Some will offer hyper-detailed…
How Much Are Collection Costs on Defaulted Student Loans?
When a student loan defaults, your loan servicer can place it with a collection agency. Collection costs are one way these agencies earn money for recovering the past-due debt. These…
Student Loan Rehabilitation: What It Is and When to Use It
Student loan rehabilitation is a one-shot opportunity for borrowers to get federal student loans out of default. Private student loans are not eligible for rehabilitation. Rehabilitation takes longer than student…
