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 21, 2019

President Trump Signs Executive Order to Forgive Student Debt for Disabled Military

In a surprising move by the Trump administration, President Donald Trump signed an executive order this week that could potentially give thousands of servicemembers better access to student loan forgiveness. Coming after criticism about the administration’s actions on behalf of…

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…

July 05, 2019

6 High-Paying Jobs that Offer Student Loan Forgiveness

Getting a degree not only gives you more career options, it can help you earn more money in your profession. According to the Bureau of Labor Statistics (BLS), having a bachelor’s degree will help you earn an average of $907…

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,…

May 05, 2019

The Best (and Worst) Ways to Repay Your Student Loans

There are plenty of ways to repay your student loans – but not all of them are good options. To help you avoid mistakes that could cost you more money down the road, or even hurt your credit for the…