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: [email protected].
A “student loan forgiveness tax bomb” happens when your loan balance is forgiven and you must pay taxes on that amount. This primarily affects borrowers on income-driven repayment plans. In…
More than 8 million federal student loan borrowers use income-driven repayment plans. These plans can drop payments to $0 based on a borrower’s income and family size. And after 20…
The average student loan debt for graduate school in 2015-16 was $71,000, according to the most recent data available from the National Center for Education Statistics. That average reflects debt…
A health professions student loan is a government loan for students at participating schools who demonstrate financial need. There are four kinds of health profession loans: Health Professions Student Loans…
Bottom line: Best for applying and receiving funds fast. Pros & Cons PROS You can see if you’ll qualify and what rate you’ll get without a hard credit check. No late…
Trilogy Health Services, a Louisville, Kentucky-based operator of senior living facilities, has paid $100 a month toward each of its eligible worker’s student loans over the past four years. Its…
How much do vets make? As of May 2018, the median vet salary was $93,830 annually or $45.11 an hour, according to the Bureau of Labor Statistics. Some veterinarians earn…
Earning a Doctor of Veterinary Medicine degree is hard. But figuring out how to pay off vet school loans after getting that D.V.M. can seem impossible. On average, newly graduated…
Veterinarians may not meet lenders’ debt-to-income ratio qualifications. Those who can should refi only if they don’t need federal loan protections.
The average debt for veterinarians in the class of 2018 who took out student loans was $183,014, according to the American Veterinary Medical Association — an increase of almost 10%…
