Many members of the military with student loans are spending way too much to pay off those loans. They are not accessing the student loan repayment protections and forgiveness benefits that have been granted to them under federal rules.
Unfortunately, those rules are extremely complex, and not all loan servicers are properly handling the loans or advising their clients. A report by the Consumer Financial Protection Bureau (PDF) shows that many servicemembers are paying thousands too much over the life of their loans.
To read the complete post and to access PDF documents such as Action Guide for Servicemembers with Student Loans which shows you step-by-step how to take advantage of the repayment protections mandated by Congress, visit: Servicemembers with Student Loans Could be Missing out on Help