Best 2019 refinancing companies Student Loans |
- Best 2019 refinancing companies
- Please help me make sense of my wife's student loans!
- Aggregate Loan Limit Reached (Undergrad)
- Can I get any type of federal aid for an associate's degree after a bachelor's degree?
- When will my loans go back into deferment? (Reenrolled)
- Is UAS university accounting services legitimate? Why would all my other loans have been through nelnet and deferred then randomly I'm past due on a UAS loan I don't remember? Is this a scam?
- REPAYE as a dentist with 325k debt (including interest)
- What Happens to Unused Loans?
- To be clear we will be taxed on the loan amount forgiven as income. Correct or not?
- Incredibly confused-- Can i elect which semester my federal loan is disbursed to pay for?
- Variable interest loan with Navient—pay in full in Dec. or pay increased payments as I go?
- My co signer got declined....help
- Should I take out loans?
- Liz Warren is so out of touch.
- Current Loans
- PSLF is a scam: 86,006 applied, 864 approved, the rest rejected
- [Florida] 100k in Sallie Mae Loans, May get deported after graduation. What to do with the loans?
- Can anyone log into the studentloan.gov website?
| Best 2019 refinancing companies Posted: 28 Jul 2019 12:07 PM PDT I have graduated and looking to refinance/consolidate about 50k Can anyone chime in with their experiences, please? What is the best company to do this with this year? I heard some years ago Fidelity was good... but what is the best way shop around? I'm a little lost and I need help. TIA [link] [comments]  |
| Please help me make sense of my wife's student loans! Posted: 29 Jul 2019 01:19 AM PDT Hi everyone, My wife and I got married last year and we just recently consolidated all of our finances with me taking over responsibility of budgeting. That's been going well so far. But my next (perhaps biggest) task is tackling her student loans. I've already got a good handle on mine - there's one subsidized amount and one unsubsidized amount, both have the same fixed interest rate. And I'm just wailing away with overpayments as much as I can. Simple enough. However, I just looked at hers for the first time and I'm a little overwhelmed. It appears that she has several different loan amounts with different fixed interest rates. Here's the breakdown straight from her Great Lakes account:
Principal: $50,748.73 Accrued interest: $2,169.51 Total: $52,918.24 She is certain that she hasn't consolidated yet. Does consolidation make sense at this time, and is it even necessary? Or should we just do the snowball method and hit the highest interest rate loans first? Any advice is much appreciated! [link] [comments]  |
| Aggregate Loan Limit Reached (Undergrad) Posted: 29 Jul 2019 01:49 AM PDT I'm currently an undergrad going into my 6th year (shouldn't be this long, I know, had some wasted semesters before I transferred and also many dropped classes). I briefly checked and it appears I've hit my $31,000 aggregate loan limit through Great Lakes as a dependent. My question is fairly simple. Now what? I see there's another aggregate limit for students whose parents aren't eligible for PLUS loans ($57,500 total w/ $23,000 maximum subsidized). Honestly I don't know if my parents are eligible for PLUS loans, but that isn't really the point. If they aren't eligible, is it as simple as just taking out more loans until I graduate? What if they are eligible? How do PLUS loans work? As in, do they just take the loans out themselves, and is it comparable to the previous loans I got as a dependent undergrad? I currently have a summer job and make good enough money to cover transportation costs (I commute about 40 miles away from campus) and parking prices, and still have a few thousand leftover to spare. Is it recommended to take a semester off to help pay for the rest of college myself until I graduate? Or is it better to see how much I can get from the PLUS loans or a private loan? [link] [comments]  |
| Can I get any type of federal aid for an associate's degree after a bachelor's degree? Posted: 28 Jul 2019 06:24 PM PDT I'd like to return to school to get my associate's degree in nursing (registered nurse) but I already have a bachelor's degree in an unrelated field. Does anyone know if I can get any type of federal aid for this? [link] [comments]  |
| When will my loans go back into deferment? (Reenrolled) Posted: 28 Jul 2019 03:21 PM PDT I dropped courses in March 2019, this put me below half time. My loan website tells me that my loans are now in a grace period. However I have already enrolled in the fall 2019 semester for a full time schedule of classes. When will this be reflected on my loan website? It currently still says that my loans are in grace period. Will this go back to in school status closer to the fall semester or after it starts? Or do I have to contact someone? [link] [comments]  |
| Posted: 28 Jul 2019 08:01 PM PDT I received a letter from UAS saying I have a past loan payment of $40 due on a Perkins loan. They addressed it to me and list my undergrad school but it has no total amount listed and all of my other loans for my undergrad and grad are under nelnet. Is this a scam? I am in my doctorate program so all my other loans are deferred through nelnet. Why would this be different? I want to enroll on the website so I can fill out a deferment form but I don't want to give them any info if this is a scam and fake. Has anyone encountered this? [link] [comments]  |
| REPAYE as a dentist with 325k debt (including interest) Posted: 28 Jul 2019 08:50 AM PDT How is REPAYE calculated? 10% of what? Before or after taxes? When the tax bomb occurs, what is the best way to pay that off? Is there a calculator I can use to determine how much my payments will be with REPAYE? I will be starting a job in less than 2 months with a salary of 130,000$. After taxes I will be left with about 90,000$. [link] [comments]  |
| Posted: 28 Jul 2019 08:39 AM PDT Due to scholarships and grants I'd only have to pay around $200-$400 at the max for my upcoming school year. I have been offered a federal subsidized loan of an amount much much greater than that. What would happen if I were to take out a loan of only $1000 just to be sure that everything gets paid for? Would the left over money immediately go back into the loan? How would that all work out? Any advice anyone could offer would be greatly appreciated! EDIT: I think the title may have been a bit misleading, as I really meant to ask what would happen to unused funds. [link] [comments]  |
| To be clear we will be taxed on the loan amount forgiven as income. Correct or not? Posted: 28 Jul 2019 05:10 PM PDT I'm sure this is the case. A friend insists her fancy financial advisor said different. [link] [comments]  |
| Incredibly confused-- Can i elect which semester my federal loan is disbursed to pay for? Posted: 28 Jul 2019 05:00 PM PDT Hello-- a bit confused about Student Loan disbursement--- I am starting a grad program in the fall and I need to take out a loan for some of the tutition. I was incredibly lucky to not need loans for my undergraduate degree (combination of state school/grants/scholarships/aid/family) so I have NO experience with this. I will be taking out a Federal Direct Unsubsidized Loan I am very very fortunate again with this degree to have family subsidizing the cost, however the payment plan they have suggested is that they will alternate payments with my loan, every other semester-- so semester 1 they send me a check, semester 2 I draw down from the loan, semester 3 they send me a check and so on. I am going to call my school's financial aid office first thing tomorrow, but...is this even possible? It was my understanding that the loan is disbursed to pay for tuition for the entire year or until the loan amount runs out, whichever is first. Can I elect when my loan will be used vs my other sources of funding? any input would be greatly appreciated! thank you! [link] [comments]  |
| Variable interest loan with Navient—pay in full in Dec. or pay increased payments as I go? Posted: 28 Jul 2019 08:44 AM PDT Hi all, looking for advice. I am on track to pay off my last private student loan by the New Year, yay! (Let's set aside my federal loans for now and let me enjoy this.) The balance on the last private loan is a little less than $12,500 and the interest is 5.250% variable. My monthly payment is $160. I have $7,000 set aside right now, and I add $500 to the pile every paycheck (I also have emergency/travel savings I'm not touching for this). My question is this—am I doing the wrong thing by saving up to make a lump-sum pay-off? Satisfaction of that moment aside, should I just double-pay as I go? My point of paranoia is the variable interest. I may be completely wrong here, but I swear every time I paid off a chunk or a full loan with Navient my interest rates went up. Another possible reason not to pay it all now is that, even though I do have another $8K emergency/travel, having more cash available if something unforeseeable comes up is comforting (i.e., I'm going to Morocco in November, though I will have traveler's insurance). That said, I am willing to throw money at the loan as I go if it's a case of, "Duh, you'd be saving yourself so much in interest." What do you all think? [link] [comments]  |
| My co signer got declined....help Posted: 28 Jul 2019 08:29 AM PDT Idk if I can put this on this sub, but essentially I was a huge dumbass my freshman year, and took out a bunch of credit cards. Now I am going into my junior year, and the credit kind of caught up to me. Something I really regret and feel like an idiot about so you don't need to drill me. So when I applied for my Discover student loan, I got it with the condition that I have co-signer. However that co-signer got declined from the loan. It was my mother, however we don't know why it happened. Since she has been a successful co signer for my sister this year as well as me for past years. What can I do in this situation? Any advice would be great! [link] [comments]  |
| Posted: 28 Jul 2019 02:25 PM PDT Hi everybody, sorry for the long post but I could use some advice. I am going into my senior year at a public university this fall. I have three semesters left and plan on graduating the summer of 2020 (changed my major so I'm a bit behind schedule). My mom died when I was 13 so my dad was the only one bringing in income. Now everyone knows tuition is ridiculously expensive and just thinking about it stresses me out. It's the one thing my dad and I fight about and the arguments tend to keep getting worse and worse. Usually the fights result in crying for hours afterward and not talking to each other for several days. My dad retired when he was 31 years old, not going into details but he made millions. I have been incredibly fortunate that he has covered all of my tuition so far (I live at home and commute because it's the least I could do for him to save money). However, I keep trying to tell him I will take out loans so he doesn't have to pay and he says he won't let me. But I can't physically deal with the constant fights over money now and I don't want to put myself through it anymore or him. This is hurting our relationship and I want to ease the burden as much as possible. Like I said, I have 3 semesters left which will be a little over 16,000 dollars. Should I try to take out private loans? (I think it's past the deadline for FAFSA) or should I just endure the fights for another year. I wouldn't take out 15k, I would most likely just take out loans for the last semester since I was behind so it will be around 6k (if I do it). I appreciate anyone taking the time out of their day to read this and thank you for any advice. [link] [comments]  |
| Liz Warren is so out of touch. Posted: 28 Jul 2019 10:29 PM PDT https://news.yahoo.com/elizabeth-warren-wants-transfer-640-081800366.html So, she wants to transfer student loan debt to taxpayers? WTF? As far as I am concerned, students signed the dotted line voluntarily, chose to go to uni/coll voluntarily and then expect others to foot the bill? Hahahaha my ass! These millennials are just too entitled to take responsibility of their own action. They are nothing but parasites all the while blaming Nav/Sallie for their problems! [link] [comments]  |
| Posted: 28 Jul 2019 03:44 AM PDT So I currently have 54k worth of student loans all scattered out through different companies, Sallie mae, some from FAFSA, and some from nelnet. Recently someone told me to switch to a lender such as SoFi. To refinance into lower rate and to lower the costs. Just a quick question I recently heard of the PAYE, REPAYE plan. Is it possible to switch even private lenders to the PAYE plan? or is it just for FAFSA? I am currently paying $1000 dollars every month and it is definitely affecting the quality of life I am living I currently make 25k+ every year. Is there anyway possible I could drastically lower the payment? I would like to save some money for the future *marriage, relationship, and etc.* Please help! [link] [comments]  |
| PSLF is a scam: 86,006 applied, 864 approved, the rest rejected Posted: 28 Jul 2019 07:53 AM PDT https://www.bbc.com/news/world-us-canada-49039816 "According to the department's most recent report, 73,554 borrowers have applied for loan forgiveness since October 2017 - the first date people could apply - and the total number of applications is 86,006. Of those, 864 applications have been approved, with a total of 518 having their loan discharges processed. So far, 75,138 applications have been rejected, the most common reasons being over making qualifying payments, missing information and there being no eligible loans." [link] [comments]  |
| [Florida] 100k in Sallie Mae Loans, May get deported after graduation. What to do with the loans? Posted: 27 Jul 2019 02:04 PM PDT I have borrowed from Sallie Mae student loans 100k for part of tuition for Med school. I can easily pay it back by working here but there is a very good chance I may have to leave the US right after graduation. I have no property in the US. If I leave/get deported I will be barred from entering the US for 10 years. Salaries outside of the US make paying the loan back pretty much imposible. What the hell is going to happen to that debt? Does it get sold to collections? Does it ever expire? Are there international mechanisms for collecting on that debt? [link] [comments]  |
| Can anyone log into the studentloan.gov website? Posted: 27 Jul 2019 04:02 PM PDT This is serious bullshit. On the site they state it will be down for the entire weekend. This is the dumbest time to take the site down because for some people this is the time they manage their money. Once again, BULLSHIT! [link] [comments]  |
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