The Question
My daughter is a high school senior with a 4.6 GPA, and I just saw that she can only borrow $5,500 her freshman year. Most of the schools she’s looking at require freshmen to live in the...
Key PointsLoan proceeds, including the "refund" your school sends you after tuition, are not taxable income. Only the interest you pay matters on your return.The student loan interest deduction is worth up to $2,500 and phases out between...
Key Points
The Department of Education’s official FY 2023 cohort default rate is 0.4%, up from 0.0% for FY 2022. Just 14,296 of the 3.37 million borrowers in the cohort defaulted during the three-year measurement window.
The rate is low...
Student loan refinance rates have held continued to hold as the Fed has held interest rates steady. As of October 1, 2026, student loan refinance lenders are offering fixed rates as low as 3.98% APR and variable rates...
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Key Takeaways
Most first-time brick-and-mortar owners plan for the risks they can picture — theft, bad reviews, a slow opening month. Fewer plan for the risks tied to the physical space itself.
These...
Pay As You Earn (PAYE) is a federal income-driven repayment plan that caps your monthly student loan payment at 10% of your discretionary income and forgives whatever is left after 20 years of payments. It has been one...
Student loan rates have are getting even more competitive as peak back to school season ends. As of September 29, 2026, private student loan lenders are offering fixed rates as low as 1.94% APR and variable rates starting...
Key PointsYou can deduct up to $2,500 of student loan interest per year without itemizing. Most borrowers save $300 to $550 in federal tax.For 2026, the deduction phases out between $85,000 and $100,000 of MAGI for single filers...
Key Points
Seven states currently make filing the FAFSA (or signing an opt-out form) a condition of getting a diploma: Alabama, Illinois, Indiana, Nebraska, New Jersey, Oklahoma and Texas. Connecticut joins them with the class of 2027.
California and New...

























