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].
Talk of student loan forgiveness has borrowers looking forward to 2021. But many already benefited from some unprecedented events in 2020: An administrative forbearance has paused most federal loan payments…
If she could do it over, Vy Chuong says she would. Chuong, 26, from Seattle, refinanced roughly $55,000 in federal student loans with a private lender in February. A month…
You can use a lump sum to pay down or pay off student loans. There are never any penalties for prepaying federal or private student loans. You’ll save time and…
Refinancing student loans at a lower interest rate can put more money in your pocket. With federal student loan bills restarting soon and refi rates near historic lows, it might…
Many lenders won’t let you use a personal loan to pay off student loans. But even if they did, you likely wouldn’t want to. Personal loans typically come with higher…
A co-signer can help you qualify for student loan refinancing or a better interest rate. These lenders let you remove that person from the loan in the future.
Most student loan borrowers receive a six-month grace period before their payments start. But with federal loan payments paused through the end of the year, recent college graduates are getting…
President-elect Joe Biden campaigned on promises that could ease the student debt burden for millions of Americans. But policy experts note these proposals will require either executive orders or cooperation…
Baby boomers now owe the most student debt, according to new data from the financial services company Fidelity. Their average outstanding loan balance: $75,000. The research says that’s due in…
The amount medical students borrow to pay for school has risen more than 17% since 2012, according to a new report from the Association of American Medical Colleges. But those…
