Student Loans

Lender and Bonus disclosure THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER. Earnest: $1,000 for $100K or more, $200 for $50K to $99.999.99. For Earnest, if you refinance $100,000 or more through this site, $500 of the... Read more
Published on: 2025-04-17
Lender and Bonus disclosure THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER. Earnest: $1,000 for $100K or more, $200 for $50K to $99.999.99. For Earnest, if you refinance $100,000 or more through this site, $500 of the... Read more
Published on: 2025-04-15
Lender and Bonus disclosure THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER. Earnest: $1,000 for $100K or more, $200 for $50K to $99.999.99. For Earnest, if you refinance $100,000 or more through this site, $500 of the... Read more
Published on: 2025-04-15
The post Student Loan Updates for April 2025 appeared first on Student Loan Professor. ... Read more
Published on: 2025-04-10
The post Navy Federal Credit Union: Private Student Loans & Refinance Options  appeared first on Student Loan Professor. ... Read more
Published on: 2025-04-10
Federal student loan borrowers in repayment under income-driven repayment (IDR) plans have had a rollercoaster of a month. But now they may finally have some clarity after the Department of Education published updated guidance.  While multiple legal challenges continue, here's a breakdown of where things stand with IDR income recertification... Read more
Published on: 2025-04-08
It’s budget update time! I always look forward to going through our budget at the end of the month and planning our budget for the next month. When we look at our budget at the end of the month, we aren’t looking to see if we matched our spending up... Read more
Published on: 2025-04-07
Nobody dreams about disability insurance over their morning coffee, but long-term disability insurance is essential for high-income professionals. A policy might be the only thing standing between you and financial disaster when you’re in a specialty where an injury or serious illness could derail your career.  As a physician, weighing... Read more
Published on: 2025-04-03
Lender and Bonus disclosure THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER. Earnest: $1,000 for $100K or more, $200 for $50K to $99.999.99. For Earnest, if you refinance $100,000 or more through this site, $500 of the... Read more
Published on: 2025-04-01
Every family has certain expenses they are focusing on lowering.  Once you’ve lowered your bills, reduced your grocery spending, and cut out superfluous spending, you can look more closely at even more specific expenses. I don’t know about your family, but our family seems to go through a lot of... Read more
Published on: 2025-04-01
The US Internal Revenue Service (IRS) lets college graduates or their parents deduct student loan interest payments from their taxable income. These individuals can claim student loan interest deductions of up to $2,500 annually, whether the interest was required or paid ahead of schedule. However, this tax deduction isn’t available... Read more
Published on: 2025-03-31
The Student Loan Interest Deduction was introduced in 1997 as part of the Taxpayers Relief Act. This program aimed to ease the financial burden of student debt.  While so much has happened in the student loan sector since then, this tax benefit has helped millions of borrowers reduce their taxable... Read more
Published on: 2025-03-31
Student loan debt can feel like a heavy burden, impacting your financial freedom and long-term goals. Millions of Americans are grappling with student loan repayment, but with the right strategy, you can conquer your debt and achieve financial security.  In this comprehensive guide, we’ll cut through the generic advice and... Read more
Published on: 2025-03-31
Discover Student Loan was a private lending option for undergraduate and graduate students who are seeking financial aid for their education.  We use ‘was’ because Discover Student Loan stopped accepting new applications as of January 31, 2024. Visiting their official website before it closes in April 2025 will show that... Read more
Published on: 2025-03-31
The post Important Updates on Consolidations, IDR Applications, and Recertification Dates  appeared first on Student Loan Professor. ... Read more
Published on: 2025-03-28
In addition to sharing ways to save money, budget, and reach your financial goals, I love sharing our day-to-day frugal adventures. The frugal life is full of ups and downs, some of which can only be appreciated by other frugal-minded people. Do you have friends or family who also live... Read more
Published on: 2025-03-28
For the last four weeks, millions of student loan borrowers have been in limbo after the Department of Education (ED) took down applications for income-driven repayment (IDR) plans and suspended all processing. During that time, there has been a whirlwind of developments. Here’s where things stand — and what it... Read more
Published on: 2025-03-26
  If you wear glasses, you know that they can be expensive! Back when we were paying off six figures of student loan debt, I was especially diligent at figuring out how to reduce every one of our expenses. While some of our spending habits have changed as our finances... Read more
Published on: 2025-03-24
It has been a while since I shared a monthly grocery haul. That’s because life has been crazy and I haven’t been doing meal planning and monthly grocery shopping like I should. You can see what happens when I do that in our last budget update! Yikes! During March I... Read more
Published on: 2025-03-21
Lender and Bonus disclosure THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER. Earnest: $1,000 for $100K or more, $200 for $50K to $99.999.99. For Earnest, if you refinance $100,000 or more through this site, $500 of the... Read more
Published on: 2025-03-20
One of the big proposals in the Republican budget reconciliation bill of 2025 to reform higher ed is to eliminate PLUS loans. If this were to take effect, a number of universities would face severe financial distress, and some may even close. PLUS loans take two forms, Grad PLUS, which... Read more
Published on: 2025-03-19