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Robert Farrington

Robert Farrington is America’s Millennial Money Expert® and America’s Student Loan Debt Expert™, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him on the About Page or on his personal site RobertFarrington.com.

He regularly writes about investing, student loan debt, and general personal finance topics geared toward anyone wanting to earn more, get out of debt, and start building wealth for the future.

He has been quoted in major publications, including the New York Times, Wall Street Journal, Washington Post, ABC, NBC, Today, and more. He is also a regular contributor to Forbes.

Robert’s latest articles

administration entrance for a college | Photo: cfarmer
May 21, 2025

Financial Aid Offices Sound Alarm On Student Aid Chaos

A new survey finds financial aid offices are facing delays and poor support from the Department of Education after major staff cuts.

PAYE Student Loan Frustration | Photo Credit: AntonLozovoy
May 21, 2025

PAYE Plan Not An Option For Some Student Loan Borrowers

Some borrowers report the PAYE plan is missing from some IDR applications on StudentAid.gov, sparking confusion and concern.

An illustration depicting a graduation cap acting as a collection plate, filled with several folded dollar bills, symbolizing the various ways to pay for college without relying solely on student loans. The image also shows the lower legs and feet of a person wearing dark pants and black dress shoes with light brown laces, positioned as if stepping away from or towards the cap. The background is a textured grey, suggesting a neutral or contemplative setting. Below the cap, a red graduation tassel lies on the ground, and to the left, the logo "THE COLLEGE INVESTOR" is visible, reinforcing the article's focus on financial strategies for higher education. This visual effectively introduces the article's core message about exploring alternatives to student loans for financing college education. Source: The College Investor
May 21, 2025

What Is the Average Cost of College In 2026? (And How to Reduce Costs!)

Find out the average cost of college, and what that looked like in the past! How do you reduce today’s college costs? Find out right here.

Frustrated borrower in the student loan chaos | Photo: fizkes
May 18, 2025

Student Loan Chaos Grows Amid Policy Proposals And Errors

Congress fails on the first round to pass student loan reform bill as SAVE errors and IDR backlog create more confusion.

Linda McMahon testifies before the Senate Health, Education, and Labor Committee during a nomination hearing as Secretary of Education in Washington DC, USA, on February 13, 2025. (Photo by Lenin Nolly/NurPhoto via AP)
May 17, 2025

SAVE Borrowers Get Wrong Forbearance Notices

SAVE plan borrowers are getting false alerts that their loan payments are restarting. Here’s what’s really going on.

Student Loan Assistance for Incarcerated Individuals
May 17, 2025

Student Loan Assistance For Incarcerated Individuals

Student loan borrowers who find themselves incarcerated or in jail for extended periods have some options for assistance.

Donald Trump speaks to several thousand supporters at a rally in Atlanta, Georgia. Photo by actionsports
May 16, 2025

MAGA Account And A $1,000 Baby Bonus: What To Know

MAGA accounts are proposed child savings plans with limited tax perks. Here’s how they compare to 529s.

This image, relevant to an article discussing MPH.bank, features a minimalist illustration of financial management and customer satisfaction. On the right, a stylized person, dressed in black and white, holds a large blue coin with a dollar sign, symbolizing the act of saving or investing money. To the left, two stacks of blue coins with dollar signs represent accumulated savings, emphasizing the "savings goals" mentioned in the article about MPH.bank's helpful accounts. Above the coin stacks, a white speech bubble with three dots suggests communication or advice, while another smaller speech bubble contains a blue heart icon, signifying the "makes people happy" motto of MPH.bank. The overall color scheme is predominantly blue, black, and white, conveying a sense of trustworthiness and financial focus, while plus signs scattered in the background might represent growth or added value. The "THE COLLEGE INVESTOR" logo is visible in the upper left corner, branding the financial advice.
May 16, 2025

mph Bank Review: Pros, Cons, and Alternatives

mph Bank is an online money market account with top interest rates powered by Liberty Savings Bank.

Emergency Funds
May 16, 2025

Emergency Funds: How Much Do You Really Need?

When it comes to emergency funds, there is so much conflicting advice. So how much do you really need for your rainy-day fund?

The Department of Education building is seen the morning after Donald Trump signed an executive order dismantling of the department, in Washington, on March 21, 2025. Whether Trump has the authority under the U.S. constitution to close a congressionally mandated agency remains an unanswered question. (Photo by Allison Bailey/NurPhoto via AP)
May 15, 2025

2 Million IDR Applications Bogged Down By Delays

The Education Department says nearly 2 million IDR applications and 49,000 PSLF buyback requests are still unprocessed, with no firm timeline in place.

Front facade of the US Supreme Court Building in Washington DC | Photo by PTHamilton
May 14, 2025

Should You Leave PAYE Or ICR Student Loan Plans Due To Uncertainty?

PAYE and ICR forgiveness is on hold, but PSLF remains available. Here’s why you likely shouldn’t leave the PAYE or ICR student loan plans right now.

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