Recently, a third-party debt relief company, claiming to be the Department of Education, has been leaving voicemail messages for student borrowers claiming that they must act immediately to qualify for student loan forgiveness before the program is eliminated. A transcript of the voicemail follows Read More
Category: Students
Beware: Scams Aimed at Student Borrowers
Recently, a third-party debt relief company, claiming to be the Department of Education, has been leaving voicemail messages for student borrowers claiming that they must act immediately to qualify for student loan forgiveness before the program is eliminated. A transcript of the voicemail follows Read More
Reporting 2015 Student Loan Interest
Read the Announcement 1-19-2016 FROM IFAP—As tax time approaches, we want to share general information with the financial aid community about our reporting of student loan interest payments. If a borrower made federal student loan payments in 2015, the borrower may be eligible to deduct a portion of the interest paid on the borrower’s 2015 Read More
Interest Rates Drop on Federal Student Loans
In a turn that’s sure to spell relief for millions of students enrolling in college this year, interest rates on federal student loans are set to drop by more than one-third of a percentage point. Read More
Own Your Loan
Student loan debt is all over the news these days, and it’s getting more attention from lawmakers than ever before as levels of college borrowing and indebtedness reaches an all-time high. Read More
Student Loan Debt Relief Scams
In 2014 we were all bombarded with offers to magically reduce or even outright avoid paying back student loan debt. Read More