How different financial systems affect each other.
Some money problems are confusing because they do not happen in isolation. Student loans can affect taxes, school enrollment can affect repayment, forbearance can affect interest, and payment choices can affect long-term payoff. This section explains the “wait, why did that happen?” moments.
Good place to start if: one financial decision seems to be causing side effects somewhere else.
SAVE Plan Emails Are Causing Panic. Read the Whole Email Before Switching Plans
If you are on the SAVE Plan or had a pending SAVE application, you may have received an email from the U.S. Department of Education saying things like: “The SAVE…
How Student Loan Interest Actually Grows
Student loan interest is one of those things that sounds simple until you try to calculate what it is doing to your actual balance. You borrowed money.Interest gets added.You make…
Side Effects Include Debt 