Frequently Asked Questions
Student loans are not hard to understand, but they can be complicated when trying to manage them. We have all been there and seem to always get the run around from our servicers. Here are the most common questions about student loans and consolidation
Are there any student loan repayment options based on the current income of the borrower?
When do I begin repayment?
What are the consequences of defaulting?
What happens if I am in default?
What happens to my old servicers?
EDUCATION ADVISORY GROUP “EAG” is a for-profit business that for a fee assists in compiling, preparing and processing paperwork for people seeking consolidation, restructuring and/or forgiveness of their federal student loans through the U.S. Department of Education’s (“DOE”) programs. · EAG is not affiliated with and has no special relationship with the DOE or any other academic or governmental entity. · This site and is not affiliated with or endorsed by the DOE, and the content or any information posted on this site is not endorsed by and does not reflect the views of the DOE. · You can apply for loan consolidation or alternative repayment programs on your own without paid assistance through the DOE at Studentloans.gov. EAG is not a loan servicer and does not renegotiate, settle, or in any way alter the terms of any payment or debt.