🎓 Budgeting Tips

Recent news, budgeting tips and another company that can help you pay down your student loan debt.

Jesse DiTullio
November 20, 2023

Good morning. It’s the second month in a row since federal student loan payments have resumed. How are you feeling?

It hasn’t been a smooth transition, even for the companies that are supposed to be servicing your loans.

Today we’ll fill you in on some recent news, share some helpful articles around budgeting, and provide another company that could help you with paying down your debt.

Recent news

Department of Ed Punishes MOHELA For Student Loan Errors

Stay informed with the latest student loan news as the Department of Education holds student loan servicer, MOHELA, accountable for student loan errors.

dwindlestudentdebt.com/blog/student-loan-news-education-department-punishes-mohela-for-student-loan-errors

A summary: MOHELA, a federal student loan servicer, is being held accountable for failing to send timely monthly billing payments to 2.5 million borrowers.

The U.S. Department of Education withheld a $7.2 million payment to MOHELA in October due to their negligence. A key quote from the article:

Borrowers are penalized for making late payments,” Kantrowitz said. “It is only fair for the loan servicer to be penalized for mailing late statements.

Mark Kantrowitz, Higher Education Expert

Helpful information

What Are Some Key Components Of Successful Budgeting?

Learn About The Key Components of Successful Budgeting. Take Your Budgeting Skills To The Next Level.

dwindlestudentdebt.com/blog/what-are-some-key-components-of-successful-budgeting

25 Budgeting Tips To Help You Stay On Track Financially

Unlock Financial Freedom: Expert Budgeting Tips for Managing Student Loan Debt and Achieving Your Goals. Learn How to Stay on Track Today

dwindlestudentdebt.com/blog/budgeting-tips-to-help-you-stay-on-track-financially

Zero-Based Budgeting: Why It's The Most Effective

Find out why Zero-Based Budgeting is the most effective approach to paying off your student loan debt. Take control of your finances, pay off student loans, and achieve your goals.

dwindlestudentdebt.com/blog/zero-based-budgeting-why-its-the-most-effective

This company helps pay off your student loan debt

Emory Healthcare helps pay off your student loan debt | Dwindle Student Debt

Learn more about Emory Healthcare and their student loan repayment benefit.

dwindlestudentdebt.com/company-emoryhealthcare

Employees who are benefits-eligible and have been employed for 90 days can receive $100 monthly (up to $1,200 a year) towards their student loan debt, with a $10,000 lifetime cap.

Motivation

That’s it for now

If you enjoyed this newsletter, please let me know! This issue focused on more frequently asked questions so if there’s something you’d like to know more about, send in your feedback.

Have a great rest of your week!

- Jesse