Education Center
What does the U.S. Department of Education do and what would happen if it were to be abolished?
As discussions about the potential abolition of the U.S. Department of Education resurface in political…
What are good student loan forgiveness programs?
TL;DR: Student loan forgiveness programs offer ways to reduce or eliminate student debt for eligible…
What is a credit score?
TL;DR: A credit score is a three-digit number that reflects your creditworthiness, impacting your ability…
What is an unsecured loan?
TL;DR: An unsecured loan is a type of loan that doesn’t require collateral, meaning you…
What is a secured loan?
TL;DR: A secured loan is a type of loan backed by collateral, which is an…
What is interest?
TL;DR: Interest is the cost of borrowing money, usually expressed as a percentage. When you…
What is a Standard Fixed Repayment Plan?
TL;DR: A standard fixed repayment plan is a loan repayment option where borrowers make the…
What is a Graduated Repayment Plan?
TL;DR: A graduated repayment plan is a student loan repayment option where payments start low…
What Are Private Student Loans and When Should You Use Them?
TL;DR: Private student loans are issued by private lenders like banks, credit unions, and online…
What Are Student Loan Options for Parents?
TL;DR: Parents who want to support their children’s education can explore several student loan options,…
What Are Federal Perkins Loans?
TL;DR: Federal Perkins Loans were low-interest, government-funded loans specifically designed for students with exceptional financial…
What are Direct PLUS Loans?
TL;DR: Direct PLUS Loans are federal loans for parents of undergraduate students or for graduate/professional…