You know your student loan interest rate is too high ... but do you know why? Our partners at NerdWallet break down the most common reasons borrowers have high interest rates on their student loans. If you have student loans, you're on the hook for more than just what you borrow; you're also responsible for the interest.Student loan interest ratesc...Continue Reading

So, you've made the decision to simplify your life,lower your interest rate, and refinance your student loans throughPenFed. Congratulations, you've taken the first step! But what's the process like once yousubmit your application? Let's dig in. Approval ... Student Loan Refinancing: If you meet oureligibility criteriaand your application is preapp...Continue Reading

Federal student loan interest rates have risen. Effective July 1, 2018, undergraduates who take out direct subsidized loans or direct unsubsidized loans will be paying 5.05% in interest ... an increase from the previous rate of 4.45%. But that's not all. Graduate students who've taken out direct unsubsidized Stafford loans will see interest rates r...Continue Reading

After a flurry of parties, job applications, and saying goodbye to the college life, the road ahead for many graduates is unknown. Your first job out of college may not be the dream job you have been hoping for ... in fact, it can be the opposite. Many recent graduates will take a position they may not really want for one reason ... student loans. ...Continue Reading

It's no secret that graduate school has a reputation of making your undergrad years feel like a relaxing vacation. What was once a beaming glow of school spirit is now replaced with endless research and enough coffee to keep a military platoon going. But besides the heavy workload and the death of your social life, grad school really is an exciting...Continue Reading

The burden of student loans isn't limited to one demographic, but like most issues, some are affected more than others. The national debt has just passed $1.4 trillion and nearly two thirds of that burden is shouldered by women, according to a new update to the American Association of University Women (AAUW) report,Deeper in Debt: Women and Student...Continue Reading

Refinancing your student loans provides many benefits, and the star isgetting a lower interest rate. Ultimately, a lower interest rate is what saves you money and makes refinancing such a great option. Today, we want to focus on an often-overlooked benefit of refinancing your student loans: getting out debt faster. Options to Get Rid of Student Loa...Continue Reading

There are several options to consider when you are trying to decide the best way to repay student loans. Most repayment plans have different requirements and features, making the decision process a bit overwhelming. Today we are comparing two ways to repay your loans: Income Based Repayment (IBR) for federal loans andstudent loan refinancing with P...Continue Reading