by Whoosh Agency | Apr 27, 2021 | Student Loans
According to CNBC, 92% of student loan borrowers have federal loans. However, private student loans still make up 7.71% of the student loan debt in the U.S. (1) Our president is looking at ways to forgive federal student loans. But if you are one of the almost 8% with...
by Whoosh Agency | Mar 30, 2021 | News, Student Loan Trusts, Student Loans
According to NerdWallet, Biden’s student loan forgiveness could wipe out debt for 15 million borrowers. More than a third of federal borrowers could see their balances fall to zero with $10,000 in debt cancellation. However, for now, the forgiveness only extends to...
by Whoosh Agency | Feb 18, 2021 | Student Loan Trusts, Student Loans
College students often take out Federal loans because of low interest rates and fair terms. There are no definitive programs for deferment, forbearance, cancellation, or affordable repayment rights with a private student loan. It is also more likely that you get a...
by Whoosh Agency | Feb 10, 2021 | Student Loan Trusts, Student Loans
When you take out a private student loan, there can be holes in your knowledge about who actually owns your debt and who stands to profit from your payments. The US private college loan system is a bit more complicated than you owing money to your lender. Many...
by Whoosh Agency | Nov 17, 2020 | Consumer Debt, Debt Collection, Medical Debt, Mortgage Foreclosure, News, Student Loans, Subprime
Most of us have a favorite meme about 2020. You know the ones. They poke fun at our plight this year. From fear of covid and murder hornets to the mask debate to living in our underwear and vowing never to leave our house (and the gasp! election) the certain fact is...
by Whoosh Agency | Sep 29, 2020 | Student Loans
If you are struggling to pay your student loans in today’s economy, you are not alone. According to The Institute for College Access & Success, a nonprofit organization, “about two in three (65 percent) college seniors who graduated from public and private...
