How To Drop Your Co-Signer From Your Student Loan

According to information from the Consumer Finance Protection Bureau, more than 90 percent of student loans are now issued with a cosigner – up from 68 percent in 2008. Lenders love cosigners, of course, because they provide substantial additional security for their loans – at next to no additional cost to them. Most of the […]

Don’t Panic! Here’s How to Get Out of Default on a Student Loan

So you’ve defaulted on a federal student loan. Now what? Well, not too many people default on purpose. The federal government knows that good people can go into default for all sorts of reasons, including layoffs, income instability, medical issues, and poor financial organization skills. The good news is, there are three reliable paths out […]

The Trump Student Loan Plan – What It Could Mean For You

The Trump Administration released a series of education reform proposals this week that, if enacted, could have a substantial impact on college-bound students and student loan borrowers. The White House released the proposal as Congress prepares to reauthorize and amend the Higher Education Act. Both the Administration and Congress are grappling with a huge and […]

How to Use the Student Loan Repayment Assistance Program to Promote Employee Health and Wellness

The idea that employers can play an integral role in the health and well-being of employees is fairly straightforward: we spend so much time at work, and therefore, healthy work environments that promote wellness can go a long way towards improving the quality of life of the employee.  According to one analysis, we spend an […]

LoanGifting Matters: La’Fanique Reed

Welcome to our new series, LoanGifting Matters. In this series, we’ll profile extraordinary LoanGifters who are working tirelessly to pay back their student loan debt – and who need our help to live debt-free lives. Today’s post features community member La’Fanique Reed. Meet La’Fanique Reed La’Fanique Reed graduated from the Mississippi State University with a […]

Four Finance Blogs That All Recent College Grads Should Read

  I’m going to be honest with you – lots of writers are putting out great finance content with FAR more experience in the industry than me. We try to stick to general money topics here at LoanGifting. Mostly because simple solutions are always better, but partly because in-depth financial discussions get a little dry […]

New Bill in Congress Would Help Student Loan Borrowers Get Assistance From Employers

There’s a new effort underway in Congress to help workers repay student loans. A new Senate bill would allow employers to provide up to $5,250 in student loan repayment assistance tax-free to their employees. The bill, sponsored by Senators John Thune (R-SD) and Mark Warner (D-VA), is dubbed the Employer Participation in Repayment Act. If […]

Addressing Suzanne Lucas’ article on the student loan repayment benefit

One of my main objectives in writing about the employer student loan repayment assistance program has been to relay with urgency our shared responsibility for finding solutions to the $1.5 trillion student loan debt crisis.  We are in this together.  Employers helping graduates repay their student loan debt has a ring of social justice to […]

LoanBenefits Impacts: An Interview with Zeke Johnson

Though the employer student loan repayment assistance program is still dipping its toe in the job market, there are plenty of success stories that can help demonstrate how the benefit actually impacts the lives of those employees who participate in it. We find one such example with Zeke, an industrial designer at RKS Design, a […]

How to Start A Student Loan Support Group

A quick quiz: Are you struggling with paying back your student loans? Would you like advice, techniques, and tips for paying back student loan debts? Do you want to socialize and share with others who have student loan debt? If you answered yes to any of these questions, you might benefit from from a student […]

Read This Before You Refinance Your Federal Student Loans

For many people, refinancing your student loans can save on interest. You can refinance just one loan, or you can consolidate multiple student loans into a single loan with just one monthly payment to keep track of. In many cases, refinancing or consolidation can help lower your payments, get you out of debt faster, or […]

5 Ways to Save More Money This Month

Everyone wants to save more money. But with student loan debt, saving any amount can feel impossible. Before you despair, remember there are lots of little things you can do to save more money. And, once you hit your savings goals, you can use that stash of cash to pay off your student loans a […]