Blog

Notice to Those Affected by the Government Shutdown

Jan 16, 2019 10:37:00 AM

The Rhode Island Student Loan Authority (RISLA) announced today that it has suspended repayment of college loans for federal employees currently not being paid, including military personnel, throughout the duration of the government shutdown.

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Topics: Student Loan Repayment

Student loan repayment: How to prepare

Nov 5, 2018 1:50:00 PM

It happens to all of us who borrowed for college: notifications from lenders that your student loan payments will soon be due. It's time to craft a plan of attack. 

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Topics: Student Loan Repayment, refinancing

Income-Driven Repayment: Pros & Cons

Sep 24, 2018 12:05:00 PM

If you are a cash-strapped graduate or parent, you can see the obvious temptation of getting on an income-driven repayment plan. There are certainly benefits to taking this strategy, but also some reasons why you should think twice. Below, we have outlined the biggest pros and cons of signing up for an income-driven repayment plan on your student loans. 

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Topics: Student Loan Repayment, refinancing

Student Loan Repayment Strategies [Infographic]

Feb 20, 2018 11:59:00 AM

Paying off your student loan debt can be a daunting task. Are you stressed about how you're going to make your monthly payments in addition to other bills and responsibilities? Take a look at our student loan repayment strategies infographic and see what may work best for you and your budget. Keep in mind that not every strategy will apply to everyone, but each option is worth looking into!

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Topics: Student Loan Repayment, refinancing

Reducing your monthly expenses by refinancing: a good idea?

Jan 2, 2018 12:03:00 PM

In life, nothing is guaranteed. Oftentimes things change, and your student loan payments may just be one of those things. Recent increases to variable interest rates, after a very long period of staying static, have left many student loan borrowers in a state of shock. When rates increase, so do monthly payments on variable rate loans, and after sitting at historical lows for nearly a decade, market rates have been on the rise these past two years.

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Topics: Student Loan Repayment, refinancing

Notice to Hurricane Harvey Victims

Sep 6, 2017 2:26:30 PM

If you are a resident of Texas or Louisiana, we recognize you and your family may have been seriously affected by Hurricane Harvey. During this difficult time, we want to do our part to help make life a little bit easier.

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Topics: Student Loan Repayment

Student loan smack down! How to conquer your student debt

May 2, 2017 11:21:00 AM

The US student loan "crisis" is the result of soaring tuition, increased demand for professionals, and the collective borrowing by more than 70% of the country’s college students. With debt averaging about $35,000 for undergraduate students, repayment strategy is key. The good news is, most students are able to manage their student loans, even if they aren't happy to have them! Here are the best ways to conquer your student loan debt.

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Topics: Borrowing for College, Student Loan Repayment

If/Then Approach to Paying Off Student Loans

Feb 2, 2017 6:55:00 AM

It’s all well and good to talk about ideal scenarios when it comes to paying off your student loans. You’ll graduate, you’ll start repayment on a plan that works perfectly with your income and budget, and you’ll chip away at your debt consistently and aggressively until your loans are paid off or forgiven.

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Topics: Student Loan Repayment, refinancing

Military Considerations for College Planning

Jan 23, 2017 12:15:40 PM

Joining the military can be an exciting idea. The commercials boast honorable missions, and adventures around the world. But the military is actually much, much more than just excitement, adventure and defending your country. The truth is that a committing to a stint in the armed services can be a way to advance a civilian career and fund a college education. Know all the angles and use your time in the service wisely, and you could come out with some opportunity that you simply won’t find elsewhere. Here’s how it breaks down:

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Topics: College Planning, Student Loan Repayment

Will college loan rates increase?

Jan 12, 2017 2:37:37 PM

Well, it’s been a crazy couple of months. The wildest election season in recent history and now, the thing that weighs on the minds of all Americans, and particularly those with major financial commitments to look forward to: what’s next?

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Topics: Student Loan Repayment, refinancing