Consumer reports consolidating student loans

This isn’t surprising when about 39 percent of parents repay these student loans without help from their children.It’s not just about getting help making payments on Parent PLUS loans.Depending on your situation, you might be able to rescue your retirement by refinancing Parent PLUS loans.The CFPB report indicates that nearly 40 percent of older federal student loan borrowers are in default.If you take the 8 you save by refinancing your student loans and invest it at an average annual return of seven percent for the next 15 years, you can supercharge your retirement savings.If you have a tax-advantaged retirement plan, use it to bolster your nest egg. Plus, when you pay off the loan in 15 years, you should have close to

This isn’t surprising when about 39 percent of parents repay these student loans without help from their children.It’s not just about getting help making payments on Parent PLUS loans.Depending on your situation, you might be able to rescue your retirement by refinancing Parent PLUS loans.The CFPB report indicates that nearly 40 percent of older federal student loan borrowers are in default.If you take the $158 you save by refinancing your student loans and invest it at an average annual return of seven percent for the next 15 years, you can supercharge your retirement savings.If you have a tax-advantaged retirement plan, use it to bolster your nest egg. Plus, when you pay off the loan in 15 years, you should have close to $1 million in your retirement account.As you near retirement, it’s vital that you do what you can to rescue your retirement.One way to get back on track is to refinance your Parent PLUS loans.

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This isn’t surprising when about 39 percent of parents repay these student loans without help from their children.

It’s not just about getting help making payments on Parent PLUS loans.

Depending on your situation, you might be able to rescue your retirement by refinancing Parent PLUS loans.

million in your retirement account.As you near retirement, it’s vital that you do what you can to rescue your retirement.One way to get back on track is to refinance your Parent PLUS loans.

After you refinance your Parent PLUS loans, you can put those savings to work for you.

The CFPB reports that the majority of student loan debt is due to a child’s education.

Plus, over half of cosigners on student loans are age 55 and older.

If you are a cosigner, it’s possible to get a cosigner release in some cases.

That, at least, gets you out of being responsible for the loan if your child defaults.

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