Many student loan borrowers are overly joyed that Biden's new student loan forgiveness program can help to reduce their debt load and, in some cases, even wipe it completely out. However, as a lender to these individuals, it's important that you understand how the student
When filing for student financial aid, school financial aid departments require official proof of income. The necessary proof comes in the form of an IRS tax document called a tax transcript. There are several methods available to receive this document, three of which can be
We recently did a blog on income based student loans and how the IRS form 4506-T can be used in the context. This got us intrigued and we set out to find more data on the trends related to student loans. In the process we found some
If you own a student loan, and are paying more than you earn, an income-based repayment (IBR) program is your solution. Federal student loan borrowers who are facing financial troubles may be eligible for the IBR program; which helps eligible candidates to limit their payments