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Department of Education Launches New SAVE Income-Driven Repayment Plan
Starting in July 2024, the SAVE Plan will allow borrowers with undergraduate loans to cap their monthly student loan payments at 5% of...
Valerie Flores
Sep 12, 2023
112


What You Should Know About the Federal Reserve's New Instant Payments System
Mobile payment apps and person-to-person (P2P) payments are more popular than ever, allowing businesses and consumers to send and receive...
Thomas Schorn
May 16, 2023
180


Student Loan Payment Pause Extended Through January 2022
On August 6, 2021, the U.S. Department of Education announced an extension on federal student loan payments to January 31, 2022. The...
Thomas Schorn
Aug 24, 2021
22


Important Financial Aid Changes
College planning is an essential topic for most families. Clients consistently ask me what they should anticipate paying for college....
Thomas Schorn
Mar 13, 2021
50


New College Cost Data for 2020-2021 School Year
Every year, the College Board releases updated college cost data and trends in its annual report. Although costs can vary significantly...
Thomas Schorn
Feb 26, 2021
26


Tax Free Student Loan Assistance
The CARES Act expanded the scope of Internal Revenue Code (IRC) Section 127—which addresses employer-paid tuition benefits—to include up...
Thomas Schorn
Feb 5, 2021
54


Student Loan Relief
In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provided a six-month automatic...
Thomas Schorn
Sep 18, 2020
11

Student Loan Relief #2
New student loan relief has passed, which supersedes the relief passed two weeks ago. If you, or someone you know, has student loans,...
Thomas Schorn
Apr 13, 2020
9


College Cost Data for 2019-2020 School Year
Each year, the College Board releases its annual Trends in College Pricing report that highlights current college costs and trends....
Thomas Schorn
Nov 21, 2019
13
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