Education Support Center

The Department of Education said today that 100,000 borrowers are eligible for cancellation as a result of changes to the PSLF program implemented in October. The cancellations are to total around $6.2 billion in federal student loan cancellations for the people.

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Even if you're offered a given amount in student loans, keep in mind that you're not required to accept the full amount. Calculate the cost of attendance and consider working part-time to help pay for your . You'll get out of debt faster if you borrow to a minimum.

Education is the path to growth. What path are you taking?

Unfortunately for borrowers who are having trouble repaying their , there is no statute of limitations for federal student loans. The federal government can garnish your wages or seize your tax returns no matter how long you've been in default.

Student borrowers who took out loans from Navient, one of the country's largest collection businesses, were ecstatic when the company announced that tens of thousands of them would have their loans forgiven as part of a deal with more than three dozen states.

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Roughly 20% of borrowers become defaulted. The 25% of those who have recovered from their defaulted loans go back into default. Avoid defaulting and contact us today to explore your options!

Only 6% of borrowers owe more than $100,000 in student loan debt, according to Brookings. Only 2% have debts in excess of $200,000. Around 18% of the borrowers owe less than $5,000, which would account for only 1% of all debt.

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Yes; The suspension occurs automatically, however it is not required. You have the option of continuing to make payments on your federal throughout the payment pause.