The Summer NewsroomNovember 15, 2018
Is It Worth It to Make Payments During the Student Loan Freeze?
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Back in March 2020, the CARES Act put a pause on federally held student loans. For the first time in history, eligible borrowers were not required to make their monthly payments. At the same time, the interest rate for these...
Continue ReadingWelcome to Summer! New Partnership Extends Summer Subscription to Cook County
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It’s a new day for nearly one million student loan borrowers living in the Chicago area. We’re proud to announce that we are teaming up with Cook County and the Joyce Foundation to offer free Summer subscriptions to all Cook...
Continue ReadingHow Can I Get Student Loan Forgiveness?
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There have been a lot of news headlines swirling around about student loan forgiveness, and you may be wondering — how does this apply to me? Can I actually get my loans forgiven? Let’s take a look at the options...
Continue ReadingA Student Loan Borrower’s Guide to Tax Season 2021: How Will the Student Loan Payment Freeze Impact Your Interest Deduction?
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As confusing as filing taxes can be during “normal” years, this year’s tax season may be especially complicated. Following the economic chaos of 2020, taxpayers may have questions on how last year’s relief legislation may impact their returns. Many borrowers...
Continue ReadingPresident Biden’s Student Loan Relief Extension & What It Means For Your Loans
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On January 20, President Biden issued a statement extending the payment freeze and interest waiver from the CARES Act until September 30, 2021, for most federally held student loans. Many of our borrowers have reached out with questions about how...
Continue ReadingYour Private Student Loan Relief Roadmap: Find a Path to Lower Your Payments
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For the millions of Americans paying off private student loans, the financial impact of the past year will outlast temporary relief measures. Private loans don’t have as many repayment and forgiveness options as federal loans, and if you’re having trouble...
Continue ReadingReport: The Public Service Loan Forgiveness Program Is Mismanaged — but Here’s How It Can Be Fixed.
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The Public Service Loan Forgiveness program could have been a slam dunk for millions of borrowers. The qualifications seem simple enough: work in the public sector for ten years, and all your federal student loans are forgiven. But now, just...
Continue ReadingHere’s How This Teacher Cut Her Student Loans by 75% through the Teacher Loan Forgiveness Program
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When Tanya graduated with her master’s, she didn’t know what to expect from her student loans. This was her first time taking out loans for school — and from the outside looking in, paying off her debt seemed like it...
Continue ReadingOn Track For Student Debt Forgiveness: How Summer Helped an AFT Member Save
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We are proud to partner with the American Federation of Teachers to bring our student loan tools to their members. This blog was originally posted by the American Federation of Teachers. By Eric Oddo I am a high school debate...
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