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☆ How to Pay Off Your Student Loans
  + stars: | 2023-06-28 | by ( Rebecca Safier | ) www.wsj.com   time to read: +13 min
Here’s how to pay off student loans in a way that works for your budget and goals. Look into specialized loan forgiveness programsWhile the Supreme Court hasn’t shared its ruling on Biden’s widespread forgiveness initiative yet, there are other options for loan discharge, such as Public Service Loan Forgiveness and Teacher Loan Forgiveness. You can pay off federal student loans early, as there’s no student loan prepayment penalty. If you want to retain access to federal protections, it wouldn’t make sense to refinance your federal student loans. In the end, there’s no single right way to pay off student loans faster.
Persons: Rebecca Safier, Biden’s, ”, Robert Farrington, you’re, you’ve, Michael Lux, “, Farrington, Autopay, servicers, autopay, servicer Nelnet, hasn’t, Adam Minsky, You’ll, Mark Kantrowitz Organizations: Education Department, College Investor, millennials, Federal, Aid, Grad, Student Loan Sherpa, Student Aid, autopay, Peace Corps, Corinthian, Education Locations: “, SavingforCollege.com
☆ When Will Student Loan Payments Resume?
  + stars: | 2023-03-06 | by ( ) www.wsj.com   time to read: +7 min
When will student loan payments resume? While student loan payments have been put on ice since March of 2020, you may have to start paying them back again this summer or fall. Student loan payments are set to resume 60 days after June 30, 2023, or 60 days after the Court’s decision, whichever comes first. We will notify borrowers before payments restart.”That means your federal student loan payments will be due at the end of August 2023 or sooner. Don’t expect your student loan payments to automatically debit from your account, though.
☆ How to start saving for your kids to go to college, in 3 steps
  + stars: | 2019-04-20 | by ( Tanza Loudenback | Read More | Read Less | ) www.businessinsider.com   time to read: +9 min
With the costs of attending college higher than ever, it's important to start saving fpr college as early as possible. Pros Check mark icon A check mark. Includes specific recommendations on how much to save for 529 plan while simultaneously offering advice on other accounts Check mark icon A check mark. Fortunately, one of the smartest ways to get ahead of the game and reduce the debt load post-college is available to anyone: Invest in a 529 college savings plan. What's more, a full 30% of college savings dollars are now held in 529s, compared to 22% of total dollars saved in traditional savings accounts.
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