You’ve seen the headlines: like fall, student loan forgiveness is in the air (and that air certainly smells sweet). On August 24th, President Biden announced his plan for student loan forgiveness and ongoing student debt relief for current and future borrowers. While the plan details are buried in the White House brief, the magic number making headlines is $10,000—that’s how much you may … [Read more...] about Will The Student Loan Forgiveness Plan Impact You? Here’s The Inside Scoop
Student Loans
What the CARES Act Means for Individuals and Small Businesses
The CARES Act was signed into law in late March, providing financial assistance for individuals and businesses in these difficult and uncertain times. You may have heard bits and pieces of it mentioned on the news — stimulus checks (which you may or may not be entitled to depending on your household income) and small business loans that can help keep your business afloat. But if you need help, … [Read more...] about What the CARES Act Means for Individuals and Small Businesses
Should I Refinance My Student Loans?
Last week in the Gen Y Planning blog, I discussed what you should consider if you’re thinking of refinancing your mortgage. This week, let’s look at another form of debt keeping millennials up at night: student loans. When you refinance your student loans, you trade your federal or private loans for a private loan with different terms. The potential switch from a federal to a private loan means … [Read more...] about Should I Refinance My Student Loans?