Tag: stafford loan
How to pay off student loan debt in a week
How do you pay off a student loan in just a week?With a few tricks and some tricks and a lot of patience.It’s no secret that student loans are expensive.But in a lot more ways than you might think.Here are some of the most common reasons why you might be struggling to pay the student […]
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When will Stafford loans be back?
In March, the Obama administration extended the repayment period for Stafford loans to 30 months from four years.The extension was expected to give borrowers a chance to get out of debt faster, and it was a big win for lenders.But the extension came with one major caveat: borrowers must pay off their loans within the […]
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Stafford loan servicing firm calls for $1.2 billion in cuts
Stafford Loan Servicing (SLS) said Tuesday it would slash nearly 1,400 jobs and lay off about 3,000 staff members to reduce costs by $1 billion.SLS said it would lay off more than 1,800 employees and cut nearly 1.2 million hours of work.It would also cut more than 7,000 hours of overtime, including nearly 4,000 in […]
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