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 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 […]
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?
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 […]
While graduating from college is an exciting time it can also feel a bit scary. After all, you’re leaving the student life and heading into official adulthood – a land full of working, paying bills and other responsibilities. (Don’t worry it’s not all bad – there’s plenty of fun to be had too.) Building 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 […]
These companies offer student loan repayment assistance as benefit to their employees. The list of companies continues to grow.
The conversation surrounding student loans is typically pretty negative – and for good reason. Loan rates are rising, and student loan debt is an epidemic affecting millions of Americans. But did you know that student loans can be a good thing? While frustrating to pay back, student loans are also a great way to build a […]
Student loan debt is a particularly dangerous financial burden, because it’s usually the first form of debt someone encounters. It’s also one of the largest. It can be hard for an 18-year-old high school grad to grasp the reality of that debt, and many freshman find themselves treating their loans as free money. That usually […]
If you don’t do anything with your student loans, you’re automatically signed up to a generic repayment plan that typically has even payments for 10 years. However, that can be tough, especially right after graduation. Maybe you’ve just started working , or maybe you don’t even have a job yet and you’re just side hustling […]
When I talk to people about their out of control student loan debt, one of the first reasons they give for why is this: they used their student loans to pay for living expenses. The story usually starts with how excited they were to get into a private college, but they were bummed out that their family […]
When most people take on student loans, they don’t tend to factor divorce into their repayment plan. It’s hard to imagine getting divorced when you’re that you’re young and getting student loans – and harder to imagine it happening before you pay off your student loans. Could life after college be so cruel? But like it […]
Imagine this: you graduate from your dream school, land your dream job, move into a posh new apartment with a nice view of the city, get your first ‘real’ paycheck, and buy that new suit you’ve had your eye on. Life is good. Then this arrives in the mail: Your student loan account statement. There are a […]
Debt is a funny thing. There are people who seem minimally affected by it and don’t hesitate to use it under any circumstance. For others the act of having any debt, even potentially profitable debt, drives them insane. It becomes an overwhelming stress and the need to eradicate becomes necessary. I personally fall more into […]