The Summer NewsroomNovember 15, 2018
Breaking Down Seven Common Misconceptions on CARES Act Student Loan Relief
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Even though the CARES Act student loan relief measures have been in effect for over a year now, many borrowers and employers still have questions about the details. And that’s no surprise — this is a complicated subject, so we’re...
Continue ReadingMaking the Connection: Student Loans and Mental Health for Your Employees
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In the wake of an extremely trying year, HR and benefit leaders across industries are gearing up to prioritize mental health for their employees or clients more than ever, and for good reason. Mental wellbeing is linked to greater job...
Continue ReadingEmployer-Sponsored Student Loan Assistance: The Future of Employee Benefits?
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Included in the CARES Act was a potential game changer for employees and employers alike. For the first time, employers were able to help their employees pay down their student loans through tax-free contributions. As of December 2020, this legislation...
Continue ReadingIs 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...
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