UPDATE: Take a look at our new post on the positions of the presidential candidates Donald Trump and Hillary Clinton. Let’s take a giant, semi-blind leap forward and take a guess at what would happen to student loans if either more »
UPDATE: Take a look at our new post on the positions of the presidential candidates Donald Trump and Hillary Clinton. Let’s take a giant, semi-blind leap forward and take a guess at what would happen to student loans if either more »
REPAYE is the new repayment plan that’s been in the works, expected to be available in late-2015. So should you expect to change your income-drive repayment plan to REPAYE? Let’s take a look at REPAYE in the context of PSLF. more »
The Negotiating Rulemaking Committee has finally been established and the schedule for the committee meetings has been released (http://www2.ed.gov/policy/highered/reg/hearulemaking/2015/index.html). On December 19, 2014, the Department published a notice in the Federal Register announcing a “negotiated rulemaking committee to: (1) prepare more »
On December 19, 2014, the Department published a notice in the Federal Register announcing a “negotiated rulemaking committee to: (1) prepare proposed regulations to establish a new Pay as You Earn repayment plan for those not covered by the existing more »
Looks like the Department of Education is paving the road to Pay As You Earn (PAYE) expansion. The ED has announced its intent to establish a negotiated rulemaking committee (http://www.regulations.gov/#!documentDetail;D=ED-2014-OPE-0124-0001). The Summary/TL;DR As you can remember, Obama’s Presidential Memorandum issued more »
…you’ll lose those months you could have accumulated for PAYE/IBR benefits such as cancellation of any unpaid balance after 20/25 years. We’re assuming here that right after you graduate, you haven’t found a job, you’re broke, etc., so you qualify more »
UPDATE (June 9, 2014): http://www.holdfasttodreams.org/obamas-monday-june-9-2014-announcement/ When’s the announcement? Monday, June 9, 2014 at a 1:45 p.m. event. Remarks of President Barack Obama from The White House Weekly Address (June 7, 2014) “I’ve taken action on my own to offer millions more »