Dealing with student loan repayment can feel overwhelming. Whether you have federal or private loans, knowing your options is key. This article will cover federal loan plans like standard, income-driven, graduated, and extended ones. We’ll also look at private loan options and the Public Service Loan Forgiveness program. We’ll talk about how the COVID-19 pandemic…
Student loans are a key way to pay for college in the U.S. Federal student loans come from the U.S. Department of Education. There are also private student loans. Federal loans have more benefits, like easier repayments. Private loans are useful if you need more money for school after getting federal help. Key Takeaways Federal…
Loan repayment is a key part of your finances. It impacts millions of Americans. Whether it’s a student loan or a mortgage, you’ve got to pay it back. You’ll make regular payments to repay what you owe. It’s important to know how loan repayment works. You’re paying back the lender what you borrowed. This includes…