Category: Loans

Got student loans? New bill would encourage your employer to help pay them off

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Bill Clark/Getty Images Employers could be encouraged to offer their workers student loan help in addition to health insurance, retirement plans and other benefits under a new plan from Colorado Sen. Cory Gardner. The Republican senator introduced the Student Loan Repayment Acceleration Act on Thursday as a way for employers to make annual tax-free contributions ….  Read More

Considering Public Service Loan Forgiveness? Read this first or weep later

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Klaus Vedfelt/Getty Images In September 2018, the first round of applications for Public Service Loan Forgiveness (PSLF) were processed by the U.S. Department of Education. Of the 29,000 applications, about 99 percent were denied: only 96 borrowers were granted forgiveness. Signed into law in 2007, the program, in theory, provides relief to students who graduate ….  Read More