The Hidden Costs of Student Loan Forgiveness

The Hidden Costs of Student Loan Forgiveness

Student loan forgiveness is often looked at as a quick solution for borrowers to escape the financial burden of large student loan balances. What are the hidden costs of student loan forgiveness? What many people aren’t aware of, though, is that the forgiven balances can often be considered taxable income by the Internal Revenue Service – leaving […]

How to Put Your Student Loan Tax Credits to Work

How to Put Your Student Loan Tax Credits to Work?

You’ve worked hard to make payments on your student loan debt all year. Now it’s time to take advantage of the tax credits available when filing your tax return. The credits ultimately reduce your taxable income, simply because you paid for interest on your qualified loans or related educational expenses in the prior year. According […]

Is Dee-1’s Sallie Mae Student Loan Song The Anthem For This Generation

Is Dee-1’s Sallie Mae Student Loan Song The Anthem For This Generation?

” I finished paying off my Sallie Mae Student Loan!” These words look like a fantasy for countless Americans buried under their student loan debt. However, A New Orleans Music Artist Dee-1, whose actual name is David Augustine Jr., switched that dream into a reality by paying off his student loans with the bonus he acquired after […]

Presidential Candidates’ Outlook on Higher Education

Presidential Candidates’ Outlook on Higher Education

As the state primaries continue, it’s important to pause and take a look at where each candidate stands on higher education reform. The four candidates that have shared detailed plans include Jeb Bush, Hillary Clinton, Marco Rubio, and Bernie Sanders. The candidate’s proposals include recommendations on federal student loans and grants, college accountability, tuition fees, private […]

Student Loan For Profit Education is Failing, Heres Why

Student Loan: For-Profit Education is Failing, Heres Why

Executive Summary Education is something that is seen as highly valued, and many want their children to go to college after they graduate high school because of this viewpoint. The problems start when for-profit colleges are failing to live up to their end of the bargain. Many of these colleges are shutting down since the […]