Scroll Down

Articles on Student Loan Repayment

Help Your Child Get the Most State Dollars for College

By Kathryn Hauer, EA, CFP Learn more about Kathryn on NerdWallet’s Ask an Advisor If your child is heading to college, you’ve probably heard how important it is to submit your Free Application for Federal Student Aid (FAFSA) form early. That advice is valuable when it comes to securing federal aid, but there are other key steps you can Read more >

Why not paying isn’t really an option.

Last February, a Texas man made national headlines when he was arrested by U.S. Marshals as a result of failing to make payments on a $1,500 student loan incurred 29 years ago. While there was a little more to the story—the arrest was more about failing to honor a court summons related to the debt—the Read more >

Where the Money Is: Scam-Spotting

It’s hard enough to finance school, get through it and then manage your debt load once you leave. But, unfortunately, there is one more thing you may have to deal with: being targeted for student loan-related scams. To help you spot trouble before it finds you, here are five tips for keeping your information safe Read more >

NY hearts NY student borrowers: more states showing their love for education.

While the public debate rages on regarding the economic impact of the U.S.’s ballooning student loan debt—and what to do about it—many states already have relief programs in place. And, more are being added to ease the situation locally. For instance, the state of New York, recently announced a new program called, “Get on Your Read more >

The Sandwich Generation—with extra helping of debt on the side

While public concern is focused on the amount of student debt plaguing Millennials, there is another generation facing an even bigger battle: the Sandwich Generation. These are the borrowers who find themselves caught between caring for their own children—many nearing or now college age—while also facing responsibility for their ailing parents. And if that weren’t Read more >

Make good choices: the pros and cons of income-based repayment plans

Thanks to changes in recent years, the U.S. Department of Education now offers all student loan borrowers budget-friendly repayment options tied to their take-home pay. But, that affordability does have a cost. The lower monthly payments result from the extension of the repayment period. This means you trade reduced financial stress today for a higher Read more >

A shared problem: student debt affects everyone

The federal student loan programs began with a mission of making higher education available to all Americans, regardless of income. Several decades later, that mission is a literal reality as even wealthy families now participate in the federal student loan programs. From 1992 to 2012, the percentage of students from high-income families with student loans Read more >

The demise of the Perkins Loan Program

At a time when there is growing support for the federal government to do more to help students afford higher education, it recently cut a popular and long-standing financing option. The Senate let the Perkins Loan Program expire as of September 30, 2015, turning back a move by the House of Representatives to extend it by Read more >

A new source of relief for student loan borrowers

Beginning this December, student loan borrowers will have a new repayment option to consider, and it could lead to significant relief for an estimated 5 million borrowers.   The new program, Revised Pay As You Earn (REPAYE), enables borrowers to cap their monthly payments at 10 percent of their discretionary income regardless of when they Read more >

Who is the NFCC?

Founded in 1951, the National Foundation for Credit Counseling® (NFCC®) is the nation's first and largest nonprofit dedicated to improving people's financial well-being.

NFCC members help millions of consumers like you through community-based offices located in all 50 states and Puerto Rico. Each NFCC member agency has earned our seal by adhering to high standards and ethical practices designed to help you achieve financial stability.

Funding for operations and services comes from an ever-changing combination of federal, state and local government grants, as well as donations from financial industry participants and private donors.

For more on the NFCC, visit

Thank you to our funders.

The Sharpen Your Financial Focus program is an initiative of the National Foundation for Credit Counseling (NFCC) in partnership with a broad cross-section of supporters. Together, we are committed to increasing the financial well-being of Americans. This initiative is partially funded by Bank of America, Chase, Synchrony, Wells Fargo and other major financial institutions. We thank all funders and partners who make this program possible. For more information, visit

National Foundation for Credit Counseling
2000 M Street, NW
Suite 505
Washington, DC 20036

For NFCC Media Inquiries:
Bruce McClary
Vice President of Communications