The Summer Newsroom

Read the latest from our team

Optimizing Your Loan Payments with the Interest Waiver
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On March 31st, the Coronavirus Aid, Relief, and Economic Security (CARES) Act confirmed the President’s earlier announcement that interest would be waived on federally held student loans through September 30th. The new legislation also paused all required monthly payments on...
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Understanding Other Provisions in the CARES Act
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The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes several expanded areas of federal benefits outside of student loans. We've compiled a list of helpful resources for understanding and navigating these changes for your situation. General Help The Consumer...
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Teachers: Which Student Loan Forgiveness Program is Right for You?
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If you’re a teacher with student loan debt, you’re not alone. Over two-thirds of educators borrow to attend school, and the majority have advanced degrees in addition to bachelor's degrees. The average loan debt for a teacher with a master’s...
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Student Loan Refinancing Guide
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Overview: Many student loan borrowers ask us about whether they should refinance their loans to lower their interest rate. While refinancing can help some borrowers lower their student debt load, there are a number of important factors that you should...
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Conquering Your Student Debt in 2020
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If you're starting this new decade with student debt, you're not alone. In fact, the student debt crisis is impacting over 45 million Americans today, including myself and other members of the Summer team. I sat down with my colleague,...
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The Relationship Between Your Income and Public Service Loan Forgiveness
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Confused by the Public Service Loan Forgiveness (PSLF) process? Don’t worry! We’re here to help clarify how changes in your income affect how much of your student debt would be forgiven under PSLF. First, let’s start by quickly reviewing the...
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Parent PLUS Loan Repayment Guide
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Overview Many parents take out federal Parent PLUS loans to help pay for their children’s higher education. While the repayment plans available to borrowers with Parent PLUS loans are more limited compared to borrowers with other loan types, there are...
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How Summer Saved a Tufts Grad $68K in Student Loan Debt
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Jamie, a recent Tufts graduate, wanted to pursue a career where she could focus on improving agriculture and food systems. Unfortunately, the specialized education required for that career came with a hefty price tag: $109,227.65 in student debt. Jamie developed...
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The Alienating, Frustrating Debt Burden of LGBTQ+ Youth
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“Alienating,” says Susan. She’s been asked to summarize her experience living with student loan debt as a young, queer woman. She hesitates, and then adds, “And frustrating.” Life with student loan debt is especially alienating for Susan because she’s an...
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