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Student Loan Support Resources


Preparing for the Return of Student Loan Payments

Ready or not, student loan interest and payments are starting up again. Take the time now to gauge their impact on your finances. After three years and nine extensions, the “pause” on student loan payments is set to “unpause,” with loan interest resuming in September and loan payments resuming in October. However, restarting a $1.6 trillion federal student loan program will not likely be a smooth process: The financial circumstances surrounding repayment will have changed for many borrowers, and loan forgiveness and broader repayment programs are still being adjudicated in Washington. To help cut through the confusion, Baird Education Planning Consultant Jeannette Haen explains what we know about the restarting of student loan payments, how to prepare and smart strategies for paying off education debt. In the article attached, you will learn about:

  • Student Loan Payments and Relief
  • What You Can Do Now
  • Recommendations on Paying Down Student Loan Debt
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The Smart Way to Pay Off Student Loans

If you’re anxious about paying off your student loans, you’re not alone – there are more than 45 million people in the United States with educational loans, including 7 million in default. That amounts to a federal student loan debt of more than $1.6 trillion. Here are seven tips on how you can keep from sinking:

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To Consolidate or Not To Consolidate Your Student Debt

Consolidating or refinancing your student loans could save you time and hassle – and even reduce your monthly payments. But is it the smart decision?

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The Flexibility in 529 Plans

For decades 529 plans have been a mainstay of college savings, but recent changes have made them even more flexible and accessible for all kinds of families. Many parents have been concerned about what might happen to their investment if their child ends up not going to college, or not needing all the funds, but that shouldn't be a worry. You have options:

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How the SECURE Act Can Help With College

The SECURE Act, which took effect at the beginning of this year, was primarily focused on retirement savings, but there was good news for families that have made use of 529 college tuition plans, too.

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The Advantages and Disadvantages of Coverdell Accounts


Learn more about Coverdell accounts by clicking here.