Payments on federal student loans resumed in October after a 3-year pause. More than 800,000 people in the state of Minnesota have federal student loan debt. That debt, combined with state and private loans, according to the Minnesota Office of Higher Education, has made the median loan for student borrowers in Minnesota nearly $24,000. Jazz88’s Peter Solomon spoke with Kim Miller, financial counselor at LSS Financial Counseling, about what borrowers can do to become informed about loan servicers, repayment options, getting out of default, and where to obtain free financial counseling.
A new preschool will be opening next fall on St. Paul’s East Side that will offer an extra measure of support to parents and additional care and attention in the classroom to empower children with developmental delays and emotional challenges to be successful in the learning and social environment of a school.
If you're among the more than 800,000 Minnesotans who are starting to pay back your federal student loans as of October 1 when student loan payments resumed, check out Minnesota Now with Cathy Wurzer at MPR who talked with Kim Miller at LSS Financial Counseling this week to help answer questions from listeners.
The Star Tribune reported that 800,000 Minnesotans have student loan debt totaling more than $27 million. Now that student loan payments will resume in October, emotions are running high.
Are you wondering how you will work student loan payments into your budget when they resume in October? On KARE-TV, Kim Miller with LSS Financial Counseling offers some ideas and guidance on getting back on track with student loan payments.
In two weeks, bills are coming due for millions of Americans with student loans after a three-year payment pause. Interest already started accruing earlier this month.
Kim Miller, a certified financial counselor with LSS Financial Counseling, offered guidance to borrowers in a recent interview with WCCO.
Kim Miller with LSS Financial Counseling appeared on KARE TV’s Your Money show to share the ins and outs of the SAVE Plan, a new option that allows student loan borrowers to base their payment on income and family size, which can significantly reduce monthly payments, and sometimes reduce them to zero. Check out this story!
As student loan payments resume in October, Kim Miller with LSS Financial Counseling, offers guidance to borrowers on options available in a September 1 MPR story. She also advises borrowers to prepare by reviewing the federal student loan website, studentaid.gov — a “one-stop shop” of information on managing student loans. “It also provides all of their loan history." Miller said.
Lutheran Social Service of Minnesota recognized 85 honorees from across the organization with the prestigious 2023 Spirit Award at a luncheon celebration in St. Cloud, Minn. on August 15. The award honors employees, nominated by their supervisors, who demonstrate outstanding commitment and dedication to the vision and mission of the organization.
As students head back to school this fall, Foster Grandparents are needed! These special volunteers offer a caring presence and support to help students boost their confidence and academic success. In a recent radio interview, Carolyn Scherer with LSS shared the joys, rewards and benefits of becoming a Foster Grandparent. She also highlighted the need for Senior Companions who serve as a friendly visitor to older adults and help them with errands. Learn more and tune in!