Ryan Lane

You can recertify income-based repayment with a paper form, but it’s smart to complete the process online and as early as possible.

The average business loan interest rate ranges from 4.90% to 9.83% at banks. The interest rate you receive varies based on loan type, lender and more.

Students or their parents can claim the American opportunity credit or lifetime learning credit for eligible education costs on their 2022 taxes.

Worried student loans will take your tax refund? While collections are paused on federal loans for now, you typically have 65 days after getting a garnishment notice to dispute it.

Sallie Mae does not refinance student loans itself, but you should refinance Sallie Mae loans you borrowed with other companies if it will save you money.

The best way to pay off student loans fast is to pay more, but that’s not your only option. Refinancing and these other tips can help repay loans faster.

Refinance private student loans to save money, change repayment terms or switch lenders. There’s little downside if you qualify for a lower interest rate.

Pay As You Earn, or PAYE, is a federal student loan repayment plan that is good for married borrowers, grad students and those with qualifying low incomes.

Revised Pay As You Earn, or REPAYE, will be replaced by a new plan called SAVE this fall. In the meantime, REPAYE is available to most federal student loan borrowers and can limit payments to 10% of your discretionary income.

You may qualify for a closed school loan discharge if your college closes while you’re attending or soon after. But, if you can get on a “teach-out plan,” think twice before pursuing loan discharge.