Repaying Your Federal Student Loans: 5 Facts You Should Know

Facts include that payment application is dictated by federal regulation, paying extra results in a “paid ahead” status, paying extra can save you money over time, sometimes accrued interest can capitalize, and sometimes it’s okay if your payment amount is less than your accrued interest.  Read More

How does a recent grad handle student loan repayment?

A UMass Amherst graduate breaks down his plan – including tackling private loans first, consolidating federal loans, switching to an income-based repayment plan, and factoring loans into an overall monthly budget.  Read More

Is your child entering federal student loan repayment?

If your child graduated in May and borrowed federal student loans to pay for school, he or she is likely entering repayment sometime soon. It’s important for recent graduates to… Read More

White House brings new policy for federal student loan collection

You may have recently heard about the Trump administration’s reversal of some Obama-era consumer protections on student loans. Worried about what this might mean for you? Let us give you… Read More

Here’s how to repay your student loans in under 3 years

According to Student Loan Hero, “Americans owe nearly $1.3 trillion in student loan debt, spread out among about 44 million borrowers.” They also say that the average graduate from the… Read More

Why I switched to income-driven loan repayment

While student loans are certainly not fun, they’ve become somewhat of a necessity these days for most students attending college. The average student graduates with $35,000 in loan debt. For… Read More

Is education loan refinancing right for you?

“Should I refinance my education loans?” We’re asked this question a lot, and it comes from everyone – young adults just beginning their career, mid-level professionals paying back old education… Read More

MEFA News

Saving for College: MEFA Can Help Families Keep that Resolution

Contact: Lisa Rooney Public Relations Manager lrooney@mefa.org (617) 224-4838 BOSTON – When it comes to New Year’s resolutions, an estimated 80 percent of individuals fail to keep them by February….

College Financing

College Financing Seminar

March 13, 2019

6:30pm

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