Pay As You Earn is even hotter than Income-Based Repayment
President Obama’s new Pay As You Earn (PAYE) repayment option is yummy. Thank you, Mr. President! Except, um, lots of us don’t qualify for PAYE and will have to settle for its somewhat less attractive (but still good looking) older sibling--Income-Based Repayment (IBR). Here’s a short list of some of the similarities and differences between Pay As You Earn and Income-Based Repayment: Only “new borrowers” are eligible to choose Pay As You Earn Only federal Direct Loans are eligible for repayment under Pay…
Does international employment qualify for Public Service Loan Forgiveness?
Student loan borrowers want to know: "does international employment qualify for Public Service Loan Forgiveness?" As with most questions, the answer is a resounding "it depends". Nothing in the statute or regulations says that a student loan borrower must sit at a desk located in the United States of America, but if you are working abroad and looking for Public Service Loan Forgiveness, you'll need to work for the U.S. Federal Government or a U.S. 501(c)(3). Here's the deal about which international jobs qualify and which don't:…
‘Cause nothin’ says Christmas like debt. Ha!
A goofy holiday Prezi for your amusement... -Heather
Heather appears “On The Money!” - not to be confused with being “in the money”
Heather loves public radio and recently joined host Steve Pomeranz for his weekly radio show, "On The Money!" on NPR's radio affiliate in South Florida (WPBI 90.7 FM, 101.9 FM, & WLRN 91.3 FM). "On The Money!" features market commentaries and insights, as well as interviews with many experienced and well-known guests from all corners of the investment world. Listen to Heather discuss President Obama's new "Pay As You Earn" student loan repayment program here.
Pay As You Earn Implementation Set for December 21, 2012!
This just in! The Department of Education will announce on Friday, December 7th, that the eagerly anticipated Pay as You Earn repayment plan will be implemented beginning December 21, 2012.
