All Questions
45
questions
0
votes
1
answer
145
views
Do student loans capitalize daily after the grace period?
As I understand it, for many student loans, when you take out the loan, there is a daily, fixed, simple interest that accrues. This accrues on the principal but does not capitalize. Therefore, if I am ...
- 312
2
votes
1
answer
105
views
Federal Perkins Loan is showing up unsubsidized despite not taking any unsubsidized loans
I've been repaying student debt and my university recently sent a loan that I didn't know I had to a collection agency. The loan is listed as a "federal Perkins direct Stafford" loan that is ...
0
votes
1
answer
96
views
Are there any loan options for the international students in the US? [closed]
I am an international student of one of the university of California campuses. I study PhD and am a fully funded student with around $30,000 annual salary(before tax).
I need about $5000 in cash and ...
user109157
0
votes
1
answer
174
views
Should I consolidate my loans amidst political talks of forgiving student debt? [closed]
I recently graduated college in the US, and my loans went into COVID-19 forbearance. I'm not required to make payments until January 2021, but I have been witling away at them for a few months since ...
- 61
2
votes
2
answers
332
views
Bypass credit agency and pay loan directly to US Dept of Education?
My employer received a letter from a creditor agency ("Central Research") ordering that they garnish up to 25% of my salary for the loan. The language that they used in the letter to them was ...
- 21
3
votes
2
answers
156
views
Loan payment strategy: Private vs federal?
I am a young professional trying to determine the most efficient/cost effective method for paying off my student loans and would greatly appreciate any advice. Currently, I have about $170,000 in ...
8
votes
2
answers
2k
views
Is the child responsible for the Parent PLUS Loan when the parent has passed away?
Is the child responsible for the Direct Parent PLUS Loan when the loan is under the parent that has passed away?
Specifically by the U.S. DEPARTMENT OF EDUCATION.
- 1,507
2
votes
0
answers
153
views
How can I stop the IRS from withholding refunds for a student loan that is already paid off?
I paid off my student loan over 10 years ago. The IRS is now withholding my refunds. How can I prove this loan has been paid?
- 21
1
vote
2
answers
506
views
Is a technical Masters degree in a high-paying employable field worth it? [closed]
I give as a follow-up to my first question, a more reality-driven premise and question. I ask: Is a Masters degree in a high-paying employable field worth it?
Say you need 4 pre-Masters (aka post-...
- 610
17
votes
6
answers
4k
views
What are things to think about when paying for/taking out a loan for graduate school? [closed]
I haven't seen a lot of posts related to graduate school in this SX, but I apologize if there are. I bolded the crux of my question.
I'll apply my situation to this question as an example:
I got a ...
- 610
5
votes
4
answers
873
views
Is home equity worth taking out a mortgage when I have $67k student loans to pay?
Note: home equity isn't the only reason I'm thinking about buying. I'd like to have control over my own living environment, more space, not have to worry about annoying the apartment unit upstairs if ...
- 1,074
2
votes
1
answer
445
views
How does Sallie Mae calculate its payment?
Short Version
Can anyone figure out how Sallie Mae comes up with its personal loan payment amount?
Long Version
I have a friend who took out a personal loan with Sallie Mae, and their payment ...
- 123
3
votes
6
answers
652
views
In what order should I decrease my loan debt?
I currently have federal student loans, and a personal loan I took out for college. Below are my percentages for each. I am wondering which loans I should start paying off first to ultimately not ...
- 521
6
votes
2
answers
2k
views
Is there any loan forgiveness or help for a large Federal parent student loan?
If a parent has a federal student loan for her child's education of over 100 thousand dollars, and she is having trouble paying off, is there any sort of forgiveness, or help?
- 61
2
votes
1
answer
359
views
How would our taxes change if we filed separately with respect to student loan debt forgiveness?
I have a question regarding student loan debt forgiveness.
My wife has $50,000 in student loan debt. However, she is now a stay at home mother and earns zero income. We pay $340/month and it is only ...
- 51