College & Education
12 articles
Defaulting on your student loans can be stressful, with daily calls from collection agencies, damage to your credit score, garnished wages, and claims against your property. Fortunately, there are options for getting out of default whether you have federal or private student loans.
More than ever, Americans are pursuing advanced degrees. The decision to pursue a graduate degree is fraught with questions, not the least of which is how to reduce student loan debt. It starts with figuring out what to do with all those undergrad loans before taking on even more. Refinancing your undergrad loans is one
The question of whether or not student loan forgiveness is worth it might seem like an odd one. After all, who wouldn’t want the balance of their student debt forgiven? While there are certain types of borrowers who may benefit from it, before you start relying on forgiveness as a way out, you should know
With the cost of college continually on the rise, few students can cover tuition and expenses without taking out student loans. According to the Urban Institute, 70% of those with a bachelor’s degree have student debt. And though only 15% of all students go on to graduate school, 40% of the country’s total yearly student
The world of investing is a scary place for students with less than $1,000 to their name. Most don’t know where to begin, and the idea of risking hard-earned money that took all summer to save can cause the sweats. If you’re a student or recent graduate who wants to start investing, but you’re low
Studies continue to show that getting a college degree is a smart financial move. For example, a 2019 College Board report found that for full-time workers, having a bachelor’s degree increased median earnings by 56% compared to having only a high school degree. And for adults ages 25 to 64, it cut the chances of
It’s been a rough decade for many student loan borrowers, including Jennifer (name changed for privacy). A stroke sidelined her, and disability payments weren’t enough to stay ahead of her debt. Creditors have been hounding her relentlessly, threatening to garnish her nonexistent wages. Fortunately, the statute of limitations just ran out on her credit card
Millions of college graduates owe tens of thousands in federal student loans. My monthly payment is $600. That’s a big chunk out of this mom’s already overstressed budget. I don’t know about you, but getting rid of some or all of those student loans could be a game-changer for me. And in certain circumstances, you
Agreeing to assume tens of thousands of dollars of debt as a teen seems ill-advised. Yet it’s the only way for many students to get a higher education. Private student loans are among the many possible avenues. And if that’s the route you choose, it pays to choose the best company for your needs.
At first glance, all student loan refinance lenders look a lot alike. But differences in their loan features can make a significant difference. Since refinancing can impact your finances for years to come, it pays to compare lenders.
If you’re on the hunt for a new position and you’re struggling with student loan debt, start your search with a company offering to help you pay off your student loans. Learn about the top national employers that help to pay off student loans for their employees.
If you’ve succeeded in scoring a refinance loan for your student loans, congratulations are in order. But before you sign your new loan contract, it’s worth considering whether student loan refinancing or consolidation with a federal direct consolidation loan is the better option for you. After all, once you refinance with a private lender, you