Sen. Elizabeth Warren’s Student Loan Forgiveness Proposal

The student loan crisis is taking center stage in the 2020 presidential election campaign.  The numbers are attention-grabbing: student loan debt is now the second biggest form of outstanding consumer debt. With more than $1.5 billion in student loans debt outstanding, education debt eclipsed credit card debt almost a decade ago. Only mortgage debt is […]

Sen. Marco Rubio Student Loan Plan Benefits Vast Majority of Future Borrowers

Senator Marco Rubio (R-Fla.) has jumped into the student loan policy ring with a series of new proposals, introduced in the Senate as the Leveraging Opportunities for Americans Now Act of 2019 — or the LOAN Act <groan>, for short. Here’s a brief look at the Marco Rubio student loan proposal and how it will […]

Health Professional Student Loan Repayment Programs by State

There has been gallons of ink spilled over the well-known federal Public Service Loan Forgiveness Program at the federal level. While only a few people have qualified to have their student loan balances forgiven under this program thus far, that will change as the months roll on, and more and more people will have made […]

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 […]

John Grisham’s “The Rooster Bar” examines the national student debt crisis through the eyes of three law students.

Grisham’s book is very timely.  Student debt has moved from being an invisible threat to our economy to top of mind and front page news, not just for those with the debt but for all of us who can help out and are impacted by it. -Ravi Sawhney John Grisham, the lawyer-turned-bestselling-author who brought us courtroom […]

LoanGifting Announces Support for H.R. 795 and H.R. 108

“Now is an ideal time for Congress to step in and offer help to the tens of millions in need of student debt relief. “-Ravi Sawhney LoanGifting is asking their social-media-savvy users to help take employment student loan assistance to the next level. Members and their extended network of donors, family and friends are invited to fill […]

Students Set September Record: LoanGiftings Numbers Increase by 100,000…and Counting

Students Set September Record: LoanGiftings Numbers Increase by 100,000…and Counting Happy “Back to School” season. Or should we call it “Loan” season? Wherever you are in your academic journey, the fall months are often a time to reset, regroup and re-evaluate your educational status—grade-wise and tuition-wise. As we settle into autumn, you (like millions of […]

A New Way to Knock Out Student Debt: Introducing the Crowdfunding/Employee Loan Benefit 1-2 Punch

According to the Federal Reserve Bank of New York, the average default rate on student loan debt is 11.2 percent. It’s a pretty bleak number. Even more distressing? Estimates indicate that no payments at all were made on the $137 billion due in loan balances in the year 2016 (a 14 percent increase in defaults […]

3 Reasons Why LoanGifting Is a More Efficient Option for Students

The secret’s out that crowdfunding is becoming the go-to option for students and recent grads facing exorbitant loans and interest fees. And, odds are, when you think of crowdfunding, you think of long established platforms such as GoFundMe. But just because services like GoFundMe have name recognition on their side doesn’t necessarily mean they’re your […]

The Latest In Gifting: How Loan Contributions Can Become Your Gift of Choice

Struggling with what gift to ask for the next time your birthday rolls around? Not sure what to put on your holiday wish list? Getting married soon and don’t really need a new blender? Why not ask your nearest and dearest to alleviate some of your debt anxiety? We promise it’s a more popular practice […]

Millennial student debtors don’t think they’ll have to repay student debt

We recently surveyed millennial student debtors and over 30% believe they will not have to repay their student debt. With over $1.5 trillion in total student loan debt and a growing rate of default, many believe the government or someone else will step in to relieve this insurmountable burden. Guess again! Even established loan forgiveness […]