The ELFI Blog
Explore the ELFI blog for tips and strategies for paying off student debt faster, saving money, and achieving financial freedom.
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![Mother and daughter looking at parent plus loan forgiveness on the computer.](https://www.elfi.com/wp-content/uploads/2022/11/Untitled-design-2022-11-08T141107.295-360x206.png)
2022-11-08
How Does Biden’s Student Loan Forgiveness Plan Affect Parent Plus Loans?
President Joe Biden recently announced that student loan forgiveness would be available for eligible borrowers. Up to $20,000 in federal […]
![Young female college student going over finances.](https://www.elfi.com/wp-content/uploads/2022/11/Untitled-design-2022-11-07T160104.324-360x206.png)
2022-11-07
A Guide to Money Management for College Students
For many young adults, moving into their college dorm is their first experience living away from home. While this kind […]
![Couple find out what they can do with the money saved from student loan forgiveness.](https://www.elfi.com/wp-content/uploads/2022/11/Untitled-design-2022-11-04T152723.443-360x206.png)
2022-11-04
What Should You Do with The Money You Save with Student Loan Forgiveness?
In August, the Biden Administration announced financial relief for millions of people with student loans. Specifically, up to $20,000 […]
![Young female Asian student looking at phone on campus.](https://www.elfi.com/wp-content/uploads/2022/11/Untitled-design-2022-11-04T131815.001-360x206.png)
2022-11-04
How to Get a Refund for Student Loan Payments During Forbearance
Last Updated on April 21, 2023 With the Biden-Harris administration’s recent announcement about student loan forgiveness, some borrowers are left […]
![Young woman sitting at desk looking at student loan forgiveness.](https://www.elfi.com/wp-content/uploads/2022/11/Untitled-design-2022-11-04T123657.764-360x206.png)
2022-11-04
Some FFEL and Perkins Loans Aren’t Eligible for Student Loan Forgiveness: What Now?
While President Biden’s loan forgiveness announcement was met with excitement and relief, some borrowers had questions about their eligibility. During […]
![college student refinancing student loans](https://www.elfi.com/wp-content/uploads/2020/05/Can-You-Refinance-Student-Loans-While-in-School-360x206.jpg)
2022-10-28
Can You Refinance Student Loans While in School?
If you are like the majority of college students, you need to borrow money in the form of student […]
![Woman reviewing credit report for delinquent student loans](https://www.elfi.com/wp-content/uploads/2021/02/iStock-1221887371-360x206.jpg)
2022-10-28
Removing Student Loans From Your Credit Report
There may be times when you wonder how to remove delinquent student loans from your credit report or even how […]
![Expecting parents meeting with financial advisor for college funds.](https://www.elfi.com/wp-content/uploads/2022/10/Untitled-design-2022-10-25T165308.286-360x206.png)
2022-10-25
529 Plan vs Roth IRA: Which is Better for College Savings?
As a parent, you want to do everything you can to help your child succeed. That’s why so many parents […]
![Woman sitting looking serious at her laptop.](https://www.elfi.com/wp-content/uploads/2022/10/Untitled-design-2022-10-25T164426.551-360x206.png)
2022-10-25
How to Prepare for the End of the Student Loan Payment Pause
Last Updated on April 21, 2023 With the implementation of the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) […]
![Asian male college student researching on his laptop.](https://www.elfi.com/wp-content/uploads/2022/10/Untitled-design-2022-10-25T163632.097-360x206.png)
2022-10-25
What to Do if You Don’t Qualify for Student Loan Forgiveness
While recent news has been a major step forward for overburdened borrowers seeking student loan forgiveness, it’s not a one-size-fits-all […]
![Medical residents in a hospital.](https://www.elfi.com/wp-content/uploads/2022/10/Untitled-design-2022-10-17T122226.498-360x206.png)
2022-10-17
Medical Residency Guide: What to Expect, Salary, and Requirements
If you dream of becoming a doctor, medical school is only the beginning. Once you’ve completed your medical degree, you’ll […]
![Young college female going over new income driven repayment plan for student loans.](https://www.elfi.com/wp-content/uploads/2022/10/Untitled-design-2022-10-14T155131.741-360x206.png)
2022-10-14
How Biden’s Loan Forgiveness Plan Will Affect IDR Plans
At the end of August, President Biden made a huge announcement: federal loan borrowers that earn less than $125,000 per […]