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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2022-11-11
Can You Use a 401k to Pay for College?
According to the National Center for Education Statistics, the average annual cost to attend a 4-year public university in the […]
2022-11-09
How to Consolidate Parent PLUS Loans
Last Updated on June 14, 2023 Each year, millions of parents help their children pay for college by taking out […]
2022-11-09
A Guide to Refinancing Private Student Loans
Whether you reached the borrowing maximum on federal student loans or needed cash to cover additional class fees, you may […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]