Do you have student loan debt that is so enormous that your salary won’t ever allow you to pay it off in this lifetime? Do you owe more student loan debt that you make? If so, take a deep breath, and keep reading. You went to school with aspirations for a better future, and you […]
The Collection of Student Loan Debt Articles
Here is the collection of all the articles on student loan debt that I've written here at The College Investor. However, it's in chronological order. If you want a better resource, check out my Everything Student Loans page for more information on student loans and student loan debt. If you want the most comprehensive guide available, download my free eBook on student loans: Student Loan Debt: Getting in Smart, Getting out Painlessly.
Is student loan debt weighing heavily on your mind? Are you wondering how you’ll ever balance your monthly expenses as student loan payments continue to dig a hole in your pocket? Are you seeing your tax returns garnished because you’re in default on your student loans? Or even worse, maybe you have more student loan debt […]
The class of 2016 graduated with an average student loan debt of $37,172, and more than 44 Million borrowers over $1.4 Trillion (with a T) in federal student loan debt. If your debt load means you’re struggling to meet your monthly obligation, you may want to consider enrolling in RePAYE (Revised Pay as You Earn […]
This blog post is part of the Pay Down My Debt (PDMD) blog tour, sponsored by US Equity Advantage. PDMD is a solution that accelerates debt payoff and helps consumers monitor their credit and make smarter purchasing decisions. If you’re looking to pay off debt find out how they can help. It’s pretty safe to […]
You’ve received your fat admissions packet, toured the campus, and even bought a t-shirt, but your financial aid package falls short of expectations. Maybe you didn’t get any scholarships or grants – just student loans. Or maybe you were expecting an amount much larger than what was offered. What can you do? You can appeal […]
Navient student loan servicing has allegedly been misleading student loan borrowers. What should you do if you think you’re a victim?
ACS Loan Serving, also known as ACS Educational Services (and owned by Xerox believe it or not), is one of the largest loan servicing operations contracted by the Department of Education. In recent years, because of complaints with ACS Loan Servicing, most of their Direct Loans were transferred to other Federal loan servicers by the Department […]
If you’re over the age of 25 you might feel like the odd-one-out if you’re thinking about going back to school. You shouldn’t, though. Nearly 40% of college students are considered adult learners, over the age of 25. Going back to school as an adult has some major benefits. First and foremost you’re far more […]
One of the biggest challenges of getting a private student loan is that most private student loans typically require a cosigner. At this point in time, most people have written it off as common practice ( in fact, a recent CFPB study found 90% of private loans had cosigners). However, it’s still possible to get […]
It’s that time of year where we look back on what we have and haven’t accomplished and decide what to tackle in the next twelve months. For many, wealth building and debt reduction will be among the top goals for the year. If eliminating some of your debt while simultaneously improving other parts of your […]
Your uncle, your cousin, your boss at work – it seems like everyone these days has student loans. They must give them out to anyone who asks, right? Not necessarily. While the requirements to receive student loans aren’t particularly restrictive, there are certain criteria you must meet before being considered. This is different at the […]
Student loans affect millions of Americans, many of whom struggle to make their payments every month. Besides income-based repayment options and refinancing, there are few options for those barely squeezing by. However, one that is rarely discussed, but still applies to some borrowers, is student loan discharge. Discharging student loans is still a fuzzy concept for […]
Here are the biggest factors that contribute to student loan forgiveness eligibility to wipe away your student loans.
Credible is a student loan refinancing comparison tool that allows you to shop around for the best student loan rate and terms in minutes.
This is one of the toughest questions I get asked: I can’t afford my private student loans and I don’t see any options to get out of it – what do I do? It’s estimated that over 1.4 million borrowers have private student loan debt, with an outstanding balance of over $150 billion in loans. And […]
Most people with student loans try their hardest to forget about them while still in school. It can make the entire experience kind of unpleasant when you think about the massive price tag you’re paying. But as you inch closer to graduation, the thought hits sooner or later: I’ll actually need to pay these off […]