College is expensive. A 2018 survey indicated that in-state tuition at a state university averaged over $25,000, while a year of school at a private college cost over $50,000. It's not surprising that … [Read more...] about Is It Smart To Use Retirement Money For College?
The recent decade of the struggling economy has put students and graduates in a tight spot when it comes to their student loan debt. Federal student loan debt in America has seen steady and continuous … [Read more...] about What Is The Current State Of Student Loan Rates?
In today’s competitive job market, it’s almost a necessity to have a college degree in order to get a job with a salary that will pay the bills. But while college tuition has increased on a steep … [Read more...] about The High Cost Of Student Loans
If you graduated owing $10,000 or less in student loan debts, congratulations. This makes you the member of a very small club. Students this year graduated owing an average of $29,400 each and … [Read more...] about Coping With The Living Nightmare Of Student Loan Debt
If you’re a millennial you may view the Great Recession about the same way as your grandparents viewed the Great Depression. You saw what could happen as a result of one of the biggest financial … [Read more...] about Why Paying Off Your Student Loans Might Be Your Best Investment By Far
One interesting fact is that while enrollment in graduate schools is going down, applications are going up. As of 2012 (the last year for which this information is available) there was about a 1.7% … [Read more...] about Paying For Grad School With Student Loans Is A Whole Different Ballgame
You’ve undoubtedly heard the phrase "the elephant in the room." As you probably know it refers to the idea that it would be impossible to overlook an elephant in a room. So if there are people … [Read more...] about The Elephant In The Room Of Student Debt
Student loan debt recently surpassed credit card debt as it now stands at over $1.3 trillion dollars. Does this represent a crisis or not? Unfortunately, the answer to this depends on which … [Read more...] about Wiping Out Student Loan Debt Through Bankruptcy – The Pros And Cons
If you graduated or quit school this past May or June, your six-month grace period is about to expire and Uncle Sam wants to start getting his money back. Have you actually sat down to determine … [Read more...] about Hey, Recent Graduate. The Grace Period On Your Student Loans Is Over And It’s Time To Pay Up
So whom you might ask is Dick Blumenthal? He’s Sen. Richard Blumenthal from Connecticut. Why might you love him? It's because if you're a government worker and have a load of student debt, he wants to … [Read more...] about Read What Dick Blumenthal Wants To Do To Public Service Loan Forgiveness
We read recently that another bank is offering to refinance federal student loans into private loans. It’s currently offering these loans starting as low as 4.75% for borrowers that have a good credit … [Read more...] about Should You Refinance Your Federal Student Loans Into A Private Loan?
Student loan debt has become almost out of control as it now totals more than $1 trillion. This makes this debt larger than even America's total credit card debt. Depending on which source you want to … [Read more...] about What Those Overly Aggressive Student Debt Collectors Won’t Tell You
It’s currently estimated that outstanding US student loan debt exceeds $1 trillion. Assuming this is true it would make student loan debt an even bigger issue than credit card debt. And depending on … [Read more...] about Are You Waiting For the Good Fairy Of Student Debt?
Did you graduate a few years ago owing $20,000, $30,000 or even more on your student loans? That can be a pretty big burden when you’re just starting out in your career and are a low earner. Or worse … [Read more...] about How To Avoid The New Student Debt Relief Scams
Consumer debt is a common experience for most Americans. It is evident in almost every aspect in their lives. It is a companion in almost all major decisions in a consumer’s life. Financing college … [Read more...] about Consumer Debt Indicates Confidence