Uncategorized

Defaulted NJCLASS Loan Changes Are Here

NJCLASS, Private student loans, Uncategorized / Jennifer Weil

New Jersey passed a law in 2019 changing the way HESAA is supposed to settle with people who have defaulted on their NJCLASS loans. In case you’re not aware, HESAA settlements for NJCLASS loans have been pretty bad for a long time. This is because HESAA would demand huge monthly settlement payments with the full […]

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Interest rates on Federal student loans rising today

Uncategorized / Jennifer Weil

Interest rates on new Federal student loans are rising today, under a law passed by Congress last year. Rates for new undergraduate Stafford loans are going up from 3.86 to 4.66 percent; for new graduate Stafford loans, the rates are going up from 5.41 to 6.21 percent; and for new parent PLUS loans, the interest

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