Reconsolidating federal student loans

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In those plans, your payment amount is calculated each year based on your income and family size and can be as low as zero.Plus, after 20 to 25 years, any remaining balance is forgiven.

None of them are one-size-fits-all so make sure the one you choose works for your situation.If you believe your refund was taken in error, you can reach out to the Department of Education (not the IRS) to contest the offset.See the list above of common reasons to request a review hearing for the types of errors that would get your refund returned to you.Instead, you can enter into a written agreement with the Department of Education to pay the debt. First, you'll need to take steps to remove your loans from default.That could include default rehabilitation or consolidation.

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