Most federal student loan repayment options require that the borrower be out of default before being eligible.  One option for getting a borrower out of default is through loan “rehabilitation”. Rehabilitation of Direct Loans and Federal Family Education Loans Rehabilitation of Direct and FFEL loans require the borrower to: (1) Agree in writing to make nine voluntary, reasonable, and affordable […]

Most federal student loan repayment options require that the borrower be out of default before being eligible.  One option for getting a borrower out of default is through loan “consolidation”.  Loan consolidation allows the borrower to pay off one or more federal student loans with a brand-new loan which consolidates two or more loans together. To consolidate a defaulted federal […]