Loans
5 Key Actions PSLF Borrowers Should Do to Prepare for 2025
The federal student loan system is experiencing unprecedented chaos, and many borrowers seeking student loan forgiveness based on their public service jobs are at the forefront of this turmoil. Public…
Loans
How It Works: How SoFi Makes Money
How It Works is an ongoing series here on our blog, exploring and demystifying topics about which we hear often from our members and the public. Today, we’re taking a…
Loans
IBR and PAYE Payment Caps Explained: Protecting High-Income Borrowers
Income-driven repayment (IDR) plans help federal student loan borrowers avoid unmanageable payments. Generally, as your income increases, so does your monthly payment. However, IDR plans like Income-Based Repayment (IBR) and…
Loans
The Linda McMahon Student Loan Plan: 3 Things to Know
Lender and Bonus disclosure THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER. Earnest: $1,000 for $100K or…
Loans
7 Steps to Becoming a Rich Physician (Even With Loads of Student Debt)
As a physician, society assumes your’e wealthy and living the dream. But the reality is way more complicated. Student debt, corporate and big hospital control of medicine, and declining insurance…
Loans
What It Means for Student Loan Forgiveness
Lender and Bonus disclosure THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER. Earnest: $1,000 for $100K or…
Nov 20, 2024
Alarming Issues with Student Loan Servicing
A federal agency that oversees the financial services sector issued a warning last week that millions of student loan borrowers are facing increasingly disruptive loan servicing problems. The Student Loan…
A Guide for Married Couples
Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are two of the most popular tax-advantaged ways to tackle healthcare costs. At first glance, they seem similar: both reduce taxable…
Nov 17, 2024
Nov 16, 2024
8 Major Student Loan Shifts Expected Under Trump’s 2025 Administration
Following last week’s decisive election, Donald Trump is set to return to the White House in 2025. Republicans also managed to flip the Senate and maintain narrow control of the…
Will Trump Repeal PSLF? What to Know
Could President Trump's victory in the 2024 election mean the end of the Public Service Loan Forgiveness (PSLF) program? Republicans in Congress have already telegraphed their plans for PSLF when…
Nov 9, 2024
Nov 8, 2024
Will Trump Repeal the SAVE Plan? Here’s the 2 Ways He’d Do It
Will President Trump seek to repeal the Saving on a Valuable Education (SAVE) repayment plan? Right now, it seems more likely than not that he would, and his administration would…
Biden’s New Hardship Student Loan Forgiveness Plan: 6 Critical Insights
The Biden administration last month published formal regulations for a new program designed to provide student loan forgiveness for borrowers experiencing hardship. Administration officials estimate that if the program is…
Nov 7, 2024
