Can You “Double Dip” On Student Loan Forgiveness Benefits?

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Helping people understand student loans is our job at SALT™, and few are better at it than Betsy Mayotte—the director of regulatory compliance for American Student Assistance® (our parent company). We told borrowers to “Just Ask” her questions, so check out her answers below (as well as her cat—because if Piglet can’t make student loans better, what can?).…

Should Parents Pay For College?

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Sometimes, I think that my two and a half year old is going on 18. I jest, but time flies and college isn’t far behind. Realizing this, my husband and I started looking into options for saving for college. A financial adviser told us (with a straight face, no less) that given the current trends of tuition increases, we would need to save $3 million to put her through college. I found an estimate that was a little less disturbing, but not much better.

Once I stopped laughing hysterically, I started to consider what our role should be in paying for her education. Or, really, what should any parent’s role be? There seems to be two approaches to this question.…

Answers To The Student Loan Details That Trip People Up

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Many student loan borrowers’ grace periods will end this month, putting their loans in repayment. To help them start on the right foot, Aaron Weber sat down with Alexander, a counseling specialist with SALT™, to discuss three common sources of repayment confusion: income-based repayment, Public Service Loan Forgiveness, and Teacher Loan Forgiveness. Here’s what he has to say.…

4 Benefits Of Having Student Debt

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I’m no stranger to the student debt blues. You know, that overwhelming feeling that you made a horrible, horrible decision regarding going to college? Or maybe it’s just a twinge of frustration that you can’t afford anything. Like at all. Like scrounging for quarters to get something off the dollar menu for breakfast at all.

Do you know the feeling?

Instead of wallowing in self-pity, I’ve chosen instead to reflect on the reasons why having student debt is actually a good thing. Here are my top four.…

What You Need To Go Back To School (And Get Financial Aid Too!)

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Not everyone finishes college their first time around. Sometimes, you have to go back to school to get your degree—and sometimes, money stands in the way of this.

Of course, returning students have the same federal loan options as anyone else; however, they may also have some additional factors that affect their aid. If you want to return to school and can’t pay out of pocket, here are three things that you will need to think about.…

How To Find Out If Your Student Loan Payments Are Due Soon [INFOGRAPHIC]

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Halloween is almost here, but for some, an even scarier occasion lurks right around the corner: their student loans entering repayment. This weekend marks the beginning of November, which could mark the end of the grace period for many members of the class of 2014.

Nothing is scarier than your loan payments beginning without you knowing it. (OK, maybe that clown from the new American Horror Story is scarier—I couldn’t even Google it to link to the right image! So, it goes “clowns,” then “student loans.) Fortunately, you have a weapon at your disposal to fight back these horrors.…

One Way To Make Parent PLUS Loan Payments More Manageable

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Helping people understand student loans is our job at SALT™, and few are better at it than Betsy Mayotte—the director of regulatory compliance for American Student Assistance® (our parent company). We told borrowers to “Just Ask” her questions, so check out her answers below (as well as her cat—because if Piglet can’t make student loans better, what can?).…

3 Questions To Answer Before Applying To Grad School

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Going to grad school was one of my better life decisions. As an undergrad, I went from a fashion design major … to a business major … to a degree in international affairs (I wasn’t exactly the most focused student). For me, capping off a liberal arts education with an MBA was a good investment—and it definitely helped me land a great job.

However, grad school isn’t for everyone. Before you apply to any schools, consider the following three questions. With many schools’ application deadlines looming in December or January, now is the perfect time to answer them.…