Blog

Jan Miller is a student loan expert and founder of Miller Student Loan Consulting, where he helps clients develop student loan repayment strategies that fit their financial goals.  Previously, Miller spent eight years working in 11 different departments at four student loan servicers — including Nelnet, one of the largest federal student loan servicers. “I saw every side of the industry,” Miller says.  Later in his career, when he was working as an investment advisor at Morgan Stanley, Miller started…

Debt, despite how essential it is for many American families trying to afford college, can be in and of itself the cause for quite a bit of stress. When you factor in the further difficulty students are having finding employment after graduation, and loan management companies that can be less than forthcoming with information that could ease your repayment burdens, the tension only grows. Wouldn't it be great if there was a trick or a quick fix to help get…

Student loans are big business. Collecting defaulted student loan money is becoming an even bigger business. « Learn more about student loans An Overview on Government Default Student Loans The federal government works with student loan servicing companies to collect on outstanding student loans. It’s these companies that deal with students once the student loan papers are signed and payments finally come due. When borrowers default, the U.S. Department of Education’s debt collectors come knocking. The federal government has given these…

Can Parent Plus Loans Be Forgiven? Unbeknownst to many who are struggling to pay for college, the current loopholes in the Parent Plus Loan rules allow some families to receive full forgiveness on a boatload of college debt.   It’s not a viable strategy for everyone, it’s not a recommendation by any means, and there is quite a bit of controversy surrounding it, but there is a way to banish the bills from your Parent Plus Loan for good. But…