August 29, 2019

Great Lakes Student Loan Refinance and Consolidation

Great Lakes is one of four servicers approved by the Department of Education to handle federal student loans. In 2018 alone, Great Lakes worked with over 7.5 million borrowers and managed more than $232 billion in student loans, making them…

August 05, 2019

Everything You Need to Know About Student Loan Collections

In March 2019, it was announced that borrowers owed more than $1.5 trillion in student loan debt. Just a few months later, Bloomberg released an article stating $3.3 billion of this astronomical figure was in collections, and that collecting on…

June 05, 2019

Can You Declare Bankruptcy on Your Student Loans?

College graduates will earn an average of $50,004 in 2018, according to a report by the National Association of Colleges and Employers (NACE). Compare this to the $29,800 graduates average in debt, not to mention other debt and living expenses,…

June 26, 2018

Behind On Student Loans? You Could Lose Your Right to Work

Do you have defaulted student loans? In nearly half of U.S. states, you could have your driver’s license – along with any professional licenses you hold – suspended for failing to repay your loans. Last year, the New York Times…

March 23, 2018

8 Creative Ways to Pay Off Your Student Loans

When you’re in college, making ends meet can sometimes be stressful, even when you have student loans that help pay for tuition, housing and other necessary living expenses. And if you’re like most people, the idea of paying off student…

December 18, 2017

How to Deal with Delinquent Student Loans

In the last quarter of 2016, the Federal Reserve Bank of New York released a report offering some details on student loan debt. According to the report, which is considered one of the chief reports on household debt in general,…