Student Loan Repayment

CARES Act Impact on Student Loan Repayment

2020-03-28T21:11:25-05:00

On Friday, March 27th, the President signed the Coronavirus Aid, Relief and Economic Security (CARES) ACT. PayforED has reviewed the CARES Act impact on student loan repayment and the changes are significant. The CARES Act helps most individual federal loan borrowers. There is a provision for student loan assistance programs that will benefit all student [...]

CARES Act Impact on Student Loan Repayment2020-03-28T21:11:25-05:00

PayForED 2.0 Announces the Launch

2020-03-21T21:38:35-05:00

We are so excited to be announcing our first major release of 2020 - PayForED 2.0. After a lengthy reevaluation phase, incorporating valuable feedback, PayForED's newly updated platform is ready for immediate use for employers, advisors, and individuals. Not only did we enhance the premium functionality, we redesigned and updated the interface and user experience. [...]

PayForED 2.0 Announces the Launch2020-03-21T21:38:35-05:00

The Secure Act

2020-01-31T10:05:00-05:00

The Secure Act is short for “Setting Every Community Up for Retirement Enhancement” and was signed by President Trump on December 20, 2019.  It became effective on January 1, 2020.  This act changes some of the rules for retirement planning, college planning, and student loan repayment. Due to the increase of student debt concerns, more [...]

The Secure Act2020-01-31T10:05:00-05:00

How much student loan interest is deductible?

2020-02-18T11:08:11-05:00

As we approach tax season,  trying to find the best ways to deduct student loan interest should, discover the best tax filing method and review your loan repayment method should be considered along with taxes due.  The question is how much student loan interest is deductible?  One issue that many borrowers face is finding the [...]

How much student loan interest is deductible?2020-02-18T11:08:11-05:00

Recertifying Your Student Loan Repayment – An Annual Requirement

2020-02-18T11:33:28-05:00

For many student loan borrowers, the next few months are the peak time to recertify your student repayment.  This affects any person who is using an Income-Driven Repayment Method (IDR).  Before we discuss recertifying your student loan repayment, let’s review what IDR is.  As more students and families need to borrow money for college, the [...]

Recertifying Your Student Loan Repayment – An Annual Requirement2020-02-18T11:33:28-05:00

Are Student Loan Assistance Programs Overlooking An Important Point?

2020-02-18T11:02:11-05:00

More and more companies are looking to improve their employee benefits packages by adding a student loan assistance benefit.  This new benefit is designed to better help employees manage their student loan repayment.  According to the Federal Reserve, as of July 2019, Americans owe $1.59 trillion dollars in student debt.  Of the 45 million people [...]

Are Student Loan Assistance Programs Overlooking An Important Point?2020-02-18T11:02:11-05:00

PayForED adds Splash Financial as a student loan refinance partner to help users save time and money.

2020-02-18T13:42:10-05:00

Interest rates with Splash Financial will now be available in PayForED’s student loan software solution. NEWTOWN SQUARE, PA, (June 17, 2019)– PayForED, a leading technology company focused on preventing and solving the student debt crisis, has announced a partnership that gives its customers seamless access to Splash Financial’s low student loan refinancing rates through the [...]

PayForED adds Splash Financial as a student loan refinance partner to help users save time and money.2020-02-18T13:42:10-05:00

Creating a Student Loan Repayment Plan: Things to Consider

2020-02-18T13:57:50-05:00

The student loan repayment decision can be confusing but is critical to your financial future.  To select the best student loan repayment method, you need to consider other things before you make your decision. The good news is that the federal government offers various student loan repayment and forgiveness options. The government has created flexible repayment [...]

Creating a Student Loan Repayment Plan: Things to Consider2020-02-18T13:57:50-05:00

The Ultimate Guide to Student Loan Repayment

2020-02-18T14:48:16-05:00

Student Loan Repayment occurs when the borrower begins paying back their student loans. Understanding the details of repayment and which options work best in your life means knowing when to start repayment, organizing your loan type, deciphering the loan repayment options and understanding the tax implications of the loan repayment options. Learn more in our Ultimate Guide to Student Loan Repayment.

The Ultimate Guide to Student Loan Repayment2020-02-18T14:48:16-05:00