Can You Discharge Federal Or Private Student Loans Through Bankruptcy?

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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?).

4 Surprises You Could Find When Looking Up Your Student Loans

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There’s something you should know about me and my financial aid application process. Both my parents studied accounting in college. They’ve both done taxes for a living. Because of this, when my mom offered to fill out my FAFSA, I said YES. Leave it to the expert! No monotonous form-filling-out for me!

I’m starting to regret taking the easy way out.

Can You Defer Student Loan Payments If You Have An Internship?

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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?).

4 Must-Know Facts About Obama’s New Student Loan Plan [EXCERPT]

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This week, we lost another bill aimed at reforming student loan policy, as the “Bank on Students Emergency Loan Refinancing Act” introduced by Sen. Elizabeth Warren (D-Mass.) didn’t get enough votes in the Senate to move forward.

The failure of this bill led to a lot of posturing from both sides of the aisle. But that rhetoric has yet to lead to what struggling student loan borrowers need most: actual help right now. Fortunately, relief may be on its way for some borrowers—courtesy of an executive action signed by President Obama.

The Student Loan Relief Bill That You Should Know About

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As part of the democrats’ new “Fair Shot” agenda, Senator Elizabeth Warren (D-Mass.) reintroduced legislation last month aimed at easing the burden of student loan repayment.

This bill will reportedly come up for a vote soon, perhaps as early as this week. In advance of that, let’s talk about one of its features that could help for just about every type of borrower: the ability to refinance private and federal student loans at the current low interest rates.

The Graceful Way To Handle Your Student Loan Grace Period

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Congratulations, class of 2014! Graduation came a lot faster than you expected, right?

I’m sure it already feels like the clock is ticking on a few things, like finding a job or getting your own apartment. However, don’t forget one more: If you took out federal student loans, your grace period has begun too.

Loans may not seem like a priority right now if your payments haven’t started. But, just like graduation, they’ll be here before you know it. Prepare accordingly by handling your grace period, well, gracefully. Here’s how.

3 Ways Undergrads Can Become Financial Pros Before Graduation

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Here in NYC, the subway is packed with the latest batch of new hopefuls entering the workforce. As I zigzag through them, I wonder how many have loans—and how many are freaking out about the whole “paying back” thing.

This made me start to think about all the small decisions I could have made while in school to positively affected my repayment process. I can’t turn back time. But if I want to keep my job as “best big sister” to the little goose, I can help him prepare for his student loans now that he’s done with high school and heading to Syracuse University.

If you still have time left in school (whether it’s 1 year or 4), take advantage of these tips too.