You can estimate your monthly student loan payment using the Department of Education’s Loan Simulator: studentaid.gov/loan-simulator We recommend starting without logging in. This lets you see exactly what information you’re entering and what the system is using to calculate your…

Income-Driven Repayment (IDR) plans are student loan repayment plans that set your monthly payment based on how much money you earn and the size of your family. If you stay on an IDR plan long enough, any remaining balance on…

How are Student Loan Payments considered when I apply for a Mortgage? Every mortgage lender will determine their own policies but most mortgage lenders will follow the guidelines of the specific loan program you are applying for (conventional Fannie Mae…

Public Service Loan Forgiveness (PSLF) is a program the government started in 2007 to encourage people to work in public service jobs. These include most government and nonprofit jobs. If you stick with public service and make qualifying payments for…

Yes, Student Loans Can Be Discharged in Bankruptcy. Really. For many years, people were told that student loans couldn’t be wiped out in bankruptcy. That was once mostly true — but it’s not true anymore. Since 2022, thousands of borrowers…