On November 22, 2022, the student loan payment pause was extended until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments will restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023 – payments will resume 60 days after that. Learn More

Private Student Loan Blogs

Articles to guide you through the world of private student loan refinancing.

Student Loan Deferment vs Forbearance & Other Options

Updated December 2, 2020 When you graduate from college with student loan debt, you typically have a 6-month grace […]

2018-06-04

Empowering Those with Student Loan Debt

In case you’ve been living on the moon and were unaware, student loan debt has substantially amplified in the last […]

2018-05-18

Debt Snowball Method

Updated November 12, 2021 When you took out loans for your education, you were likely laser-focused, hurdling goal after […]

Cartoon of guy lazily floating next to a storm cloud

2018-05-14

Refinancing vs. Student Loan Grace Period

April showers bring May flowers, but what do May flowers bring? Millions of college grads who will enter the workforce […]

Wedding cake bride and groom toppers worrying about money

2018-04-13

Wedlock Your Student Loan Interest Rates

Updated January 22, 2020 First off, congrats on your plans to get married! At Education Loan Finance, we celebrate life […]

Confused man trying to do his taxes on a laptop

2018-04-09

How the Tax Reform CAN Impact Your Student Loan Debt

Unless you were living under a rock as 2017 came to an end (and maybe you would have preferred it), […]

Cartoon of a man receiving his large tax return

2018-03-14

Using Your Tax Return to Tackle Your Student Loan Debt

Let’s be honest, the only remotely fun part of taxes is playing the guessing game on how many greenbacks Uncle […]

Woman looking up and contemplating her financial future

2018-01-01

Financial Planning for the New Year Begins with Repaying Your Student Loans

Start this year off by asking yourself, “What do I want?” That might seem like an overly simplified place to […]

Couple showing their child how to put money in a piggy bank

2017-02-09

Should You Save Money or Pay Off Debt First?

One of the most challenging things about setting financial goals is managing two short-term goals at once. What should you […]

2016-11-22

Parent PLUS Loans or Cosigning Private Student Loans to Pay for College

Updated November 13, 2020 It’s no secret that paying for college and graduate school can be expensive. Along with […]

2016-11-15

LIBOR Rates, Historical LIBOR Rates, and Variable Rate Loans

Please Note: New variable rate ELFI loans applied for after 7:00 PM EST on January 7, 2022, will use the […]

2016-08-02

5 Ways to Reduce Medical School Debt

According to the Association of American Medical Colleges, 2015-2016 figures show that U.S. medical students with medical school debt have, […]