It should be no surprise to anyone that consumer and student loan debt in the United States is at an all-time high. Several studies put student loan debt in the United States at $1.6 trillion! A recent article in Forbes says that the average debt per student stands at $32,731. Students everywhere are looking for relief. Many students use programs from MyFedLoan to get that relief.
MyFedLoan is an online platform used for student loan repayment.
It’s the largest service students use to repay their federal student loans. The program itself goes by the name FedLoan Servicing, but its online portal is myfedloan.org. This article will give a complete overview of the MyFedLoan program as it stands in 2020.
This post was written in partnership with Ryan Luke from Arrest Your Debt and The Money Mix.
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