Spending and Savings Plans Creating and sticking to a spending and savings plan might not be your idea of fun, but it can help you control your spending so you CAN have fun without getting into money trouble. If you don't have much money coming in, don't worry—following a realistic plan CAN still allow you to have some small luxuries, even if it is an occasional soda or … [Read more...] about Budget
Understanding Default NEVER ignore delinquency or default notices from your loan servicer. If you don’t make your monthly loan payments, you will become delinquent on your student loan and risk going into default. Contact your servicer immediately if you are having trouble making payments or won't be able to pay on time. Learn about federal student loan default: Find out what … [Read more...] about Default
Calculators +Calculators Planning & Budgeting Calculator Income-Based Repayment Calculator Income-Contingent Repayment Plan Calculator Cost of Deferment/Forbearance Calculator Use our calculators to plan your household budget, determine your monthly payment amount, and explore deferment and forbearance options to postpone your payments. Planning and Budgeting How much … [Read more...] about Calculators
The Path to Repayment As you leave school, understanding how your student loans will impact your finances can help you successfully manage your loans. This timeline teaches you about what happens during your grace period and the steps to take along the path to repayment. Start the repayment path 7 Months Great Lakes is your federal student loan servicer. That means … [Read more...] about Repayment
http://www.forbes.com/sites/specialfeatures/2013/08/07/how-the-college-debt-is-crippling-students-parents-and-the-economy/ … [Read more...] about Loan Payments