Student Loan Forgiveness or Ten Years to Life?

A Responsible Visual Guide to Your Federal Student Loan Repayment Options

by Dane Spancake



Book Details

Language : English
Publication Date : 7/29/2016

Format : Softcover
Dimensions : 6x9
Page Count : 146
ISBN : 9781480828919
Format : E-Book
Dimensions : N/A
Page Count : 146
ISBN : 9781480828933
Format : Hardcover
Dimensions : 6x9
Page Count : 146
ISBN : 9781480828926

About the Book

Repaying college loans can be so complicated it’s been said that before graduating, students should be required to take a course on the subject.

But many students end up researching their options without much help, and answers on how to eliminate debt are hard to come by—something that can be tremendously frustrating.

Dane Spancake, a federal student loan counselor, helps you navigate the loan landscape with this guidebook. Learn how to:

  • evaluate the positives and negatives of repayment schedule choices;
  • weigh the pros and cons of income-driven repayment options versus alternative options; and
  • determine if you qualify for loan forgiveness.

You’ll also learn how interest rates are determined, how annual payments are calculated, and the benefits of making consistent loan payments versus postponing repayment.

Discover what you’re up against when it comes to repaying college loans—and pick the strategy that makes the most sense for you with Student Loan Forgiveness or Ten Years to Life?

About the Author

DANE SPANCAKE is a federal student loan counselor and previously worked with Fidelity Investments, Wells Fargo, Morgan Stanley, and Merrill Lynch. He holds an MBA–Finance degree from the Boston University Questrom School of Business and a bachelor’s degree in economics from the University of Maryland in College Park, Maryland. He lives in York, Pennsylvania.