Anglia Advisors offers comprehensive financial planning services to their clients. Over the past few years, they’ve seen an increasing number of prospective and existing clients with significant student debt. The burden is extremely high for anyone with a graduate degree, especially … Continue reading Anglia Advisors Improves Holistic Offering with Student Debt Repayment (Case Study)
It’s hard to keep track of all the alternative forgiveness options available to student loan borrowers. Many exist based on occupation, state and type of loan. The nuances of each program are confusing, especially when it comes to federal teacher … Continue reading Saving $32k with Teacher Loan Forgiveness
The skinny on a “not-so-normal” consolidation option The word “consolidation” has a pretty consistent definition in lending: take a set of loans and group them into a single loan, using the weighted average interest rate for the new loan. In … Continue reading Federal Direct Loan Consolidation
What Actually Happens? If you have a client who is currently in school or deferring loans, it is often difficult to determine what repayment will look like for them. Lots of questions come up… What will their monthly payment be? … Continue reading Entering Student Loan Repayment
The Public Service Loan Forgiveness program is a federal program where a student loan borrower gets tax-free loan forgiveness if they: have Direct Loans work full-time at a qualifying employer* for 120 months in repayment are on an income-driven repayment … Continue reading PSLF In A Nutshell
Few things are more stressful than the uncertainty of income-driven repayment plans for student loans. Imagine how your client feels when their financial health is tied to the government — every income change and new family addition affects their financial … Continue reading Predicting the Future
The National Student Loan Data System (NSLDS) is the central database for any federal aid provided in the United States. As part of the system, they allow any borrower to have access to a snapshot of all their federal loans … Continue reading Announcing NSLDS Support!
Federal student loan repayment is complicated. There are tons of income-based repayment options and it’s difficult for any financial advisor to navigate. Is my client eligible for any federal programs? Which loans qualify for these programs? What are the tradeoffs … Continue reading Advising On Income-Driven Repayment
As a financial advisor or coach, it can be tough to track down loans and credit cards for a client when developing a debt reduction plan. This process currently involves interpreting an assortment of bank statements, building out a templated … Continue reading Announcing Payitoff Sync!
Prepaying on student loans is tough. The loan terms are often so long that even putting an extra $100 in every month doesn’t feel rewarding. It takes years and years to see the benefits. It’s not easy to stay motivated … Continue reading Measuring Gains Post-Student Loans