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FAQ Category: Student Loans

Nov 11
2018

How do you get out of paying your student loans?

  How Do You Get Out Of Repaying Your Loans? Easiest two ways I can think of… But honestly those are about it.  You can’t “discharge” them in bankruptcy.  You can’t simply not pay because they’ll take wage garnishments and your tax refund each year. The next best thing is to accept a lower paying […]

Nov 11
2018

Whats the difference between Deferment and Forbearance?

Student loan payments (at least public ones…private loan people you’re basically screwed) but public loans can be kicked down the sidewalk through two terms .. Deferment and Forbearance. Same immediate benefit…you don’t have to pay towards your loan, different long term outcome and different requirements. Deferment is your friend. Your loans are in deferment when […]

Nov 11
2018

What are student loans

Student Loans Student loans are a means to pay for college that you generally have to repay.  The repayment period may be immediate or delayed till after you graduate.  Student loans are divided into two very distinct groups.  When we discuss “Student debt” generally we are referring to student loans. Private Student Loans Private student […]