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The election is over. Change is on the horizon. What is next for your student loans?

The long-awaited national election results are nearly all tallied, and we know one thing for sure: changes will be coming to student loan repayment. Changes were due to occur no matter the election outcome with the fate of at least one repayment plan and certain student loan forgiveness options tied up in the courts. With […]

The election is over. Change is on the horizon. What is next for your student loans? Read More »

Increase in Federal Poverty Rates for 2023: Why that matters for your student loans

Each year in January, the U.S. Department of Health and Human Services (HHS) updates the federal poverty guidelines used to determine financial eligibility for certain programs. Your federal student loan monthly payments are impacted by these updates when you use an income-driven repayment plan.  The VIN Foundation Student Loan Repayment Simulator is now using the

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A Borrow Better Case Study Using the In-School Loan Estimator

Veterinary Students: Borrow Better A Case Study Using the VIN Foundation In-School Loan Estimator Student debt sucks. But for more than 80% of eligible U.S. students attending AVMA COE-accredited colleges of veterinary medicine, student loans are a necessary tool to achieve the dream of becoming a veterinarian. For the 2024-2025 academic year, analyzing your borrowing

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A ‘new’ income-driven repayment plan?

Federal student debt proposal would change REPAYE, phase out PAYE Buried in a sea of federal student loan announcements and changes over the last few years was the promise of a new income-driven repayment plan. Now we know how parts of that promise will be implemented when the pandemic forbearance benefits end this summer. The

A ‘new’ income-driven repayment plan? Read More »

VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | prevet resources veterinary student resources veterinarian resources | Nonprofit free veterinary resources | Blog | What do the recent court rulings on SAVE mean for you?

What do the recent court rulings on SAVE mean for you?

July 26th Update A federal appellate court blocked the Department of Education (ED) from administering the Saving on a Valuable Education (SAVE) income-driven repayment plan. Borrowers using SAVE will be placed in an interest-free forbearance. ED recently posted guidance (https://www.ed.gov/save) on how the ruling impacts borrowers in the short-term, pending continued litigation. Keep checking https://studentaid.gov/announcements-events/save-court-actions

What do the recent court rulings on SAVE mean for you? Read More »

VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | Student Debt | Special Cancellation of Up to $20,000 of Student Debt. Are You Eligible?

Special Cancellation of Up to $20,000 of Student Debt. Are You Eligible?

On August 24th, 2022, the White House announced the news of a special one-time cancellation of up to $20,000 of federally held student loan debt. The amount of debt cancellation will depend on your income and whether you received a Pell Grant in college.

Special Cancellation of Up to $20,000 of Student Debt. Are You Eligible? Read More »

VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | free resources veterinary students veterinarians | Blog | VIN Foundation Student Loan Repayment Simulator - Forgiveness Planning Module Capital Gains Tax

Student Loan Forgiveness Planning: Capital Gains Taxes

Over the last couple of years, a common question has come up regarding capital gains taxes on student loan forgiveness planning investments. Capital gains on forgiveness planning is an excellent observation and a great thought experiment for anyone using an income-driven plan and anticipating forgiveness. I’m glad people are turning their wheels on how all

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | free resources veterinary students veterinarians | Blog | student debt blog | veterinary student debt blog |September 2024 Student Loan Update: FAQs and What’s Next?

September 2024 Student Loan Update: FAQs and What’s Next?

Uncertainty sucks. It’s hard enough to make decisions about the future when we have some reasonable expectations of what may happen next. It’s nearly impossible when the path forward is cloudier than usual. With a recent court ruling blocking the new SAVE income-driven repayment plan and a frustrating response by the Department of Education (ED),

September 2024 Student Loan Update: FAQs and What’s Next? Read More »

Federal Student Loan Interest rates through 2024-25 academic year

Student Loan Interest Rates: New high for 2024-2025 Academic Year

New high reached for federal Direct graduate school interest rates Each spring, we closely monitor the U.S. 10-year Treasury yield.  Student loan interest rates for the following academic year are adjusted based on where auction data for this note land in May.  For the 2024-25 academic year, the result is a continued trend of increasing

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | free resources veterinary students veterinarians | Blog | Solutions for the Profession 7th Annual Competition | Veterinary Student Scholarship | Essay Competition veterinary students cash prizes

Announcing 7th Annual Solutions for the Profession Competition Winners

VIN Foundation Announces 7th Annual Solutions for the Profession Competition Winners Seventh annual international essay competition asked veterinary students to examine veterinary teaching hospitals versus the distributive model Davis, CA: The VIN Foundation is excited to announce the results of its seventh annual Solutions for the Profession Competition. The annual competition challenges veterinary students to

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