5 ways to budget for travel while paying student loans
Get a job. Travel the world. Pay off student loans. At first glance, it might seem impossible to pursue all these goals at the same time. How can you travel the world if you have […]
You won’t believe how much Americans owe in student loans
In 2022, Americans continue to be burdened by student loan debt. Among the class of 2020, 55% of bachelor’s degree recipients took out student loans, graduating with an average of $28,400 in federal and private debt. […]
How to get your student loans out of collections & stay out for good
Editorial Note: This content is not provided or commissioned by any financial institution. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, […]
Yes, you can be arrested for debt. Here’s how that works
You can’t be arrested for debt just because you’re behind on payments. No creditor of consumer debt — including credit cards, medical debt, a payday loan, mortgage or student loans — can force you […]
More than 1/3 of student loan borrowers don’t have enough to eat
If borrowers were challenged to repay student loan debt before the coronavirus struck, you can imagine their plight in the pandemic’s wake. Due to preexisting challenges and a new widespread loss of income, more than […]
Here’s where people are best at paying their student loans
A perfect payment history on a student loan is a powerful thing. It could help you qualify for cosigner release with your private lender. Better yet, it could pave the way for student loan forgiveness via the […]
5 jobs that pay well & don’t require a 4-year degree
Earnings for employees with only an associate’s degree are 28% — or $336 a week — less than what a typical bachelor’s degree holder makes, according to the Bureau of Labor Statistics (BLS). Unemployment rates […]
71 colleges with ‘no student loan’ policies
Cracking open an acceptance letter isn’t the only crucial moment of your summer before college. Decoding your award letter is just as significant. After all, what good is being admitted if you can’t afford your way to […]
How long should you keep your student loan records & paperwork?
Seeking, borrowing and repaying student loans seem to involve reams of paperwork with piles of forms and files, almost as if you were starting a new job. If you’re desperate to downsize this stack of paper, […]
How to use a home insurance payout to repay student loans
Eiman Jahangir never imagined cashing in on his homeowners insurance policy. Still, he acknowledged, “Everyone says to insure for the worst.” Then it happened, the destructive Tubbs fire of October 2017. Jahangir awoke after 1:30 […]
5 reasons to worry about your income more than your budget
When estimating how much you should put toward your student loan payments, a credit counselor might tell you to aim for 8% of your monthly gross income. But to get close to that number, you […]
5 easy steps to raise your credit scores up to 200 points
An increase of 114 points in a single month. That’s the fastest credit score jump that Nathalie Noisette has seen in working with hundreds of credit-weary clients. If you’re looking for a speedy credit recovery, you […]
Student loan counselors: Who they are & how they can help
Let’s get one thing straight: There are all sorts of reasons why you shouldn’t hire a student loan counselor, at least not right away. For one thing, you don’t need to pay someone for what you […]
6 people to ask for advice on your student loan repayments
Whether you feel buried by your student loan debt or merely have pressing questions, it’s always wise to ask for help. However, with friends sometimes giving questionable advice, and with debt relief companies offering high-priced […]
Why you should stay in college, even if you’re a future CEO
Looking back on his college experience, Andrew Josuweit remains conflicted. Why pay to learn, he still wonders, when you could just as easily be paid to work. “College is where I met all of my […]