Student Loans
It is no secret that the student loan debt crisis facing the United States is an issue of extreme consequence, and an issue that seemingly continues to get worse.According to LendEDU, the national student loan debt in the U.S. currently stands at a whopping $1.41 trillion. There are more than 43.3 million student loan borrowers […]
Student loans are creating a difficult time for many American homes today. Student loan debt is the second-largest source of household debt. According to the New York Federal Reserve, outstanding student loans totaled over $1.4 trillion in the first quarter of 2017. The average college student owes $28,000 in student loan debt. This issue is […]
Many graduates become overwhelmed when their first student loan bill comes in the mail six to nine months after graduation. For someone entering the job market for the first time and likely making an entry-level salary in their career field, the first student loan bill can seem like an unreasonably large chunk of monthly income. […]
If you have federal student loans, you probably already know you have the option of consolidating them with a federal Direct Consolidation Loan. While this can reduce the number of separate monthly payments you have to juggle, it unfortunately does not reduce the amount of interest paid over the life of the loan. In fact, […]
If you are in the process of getting a divorce, you know how emotionally and financially taxing the process can be. Doing things like dividing up assets and debts, determining custody, and figuring out how to do it all without losing your cool can be incredibly stressful. If either you or your spouse has student […]
If you are like many students, you may be struggling to make your monthly student loan payments. With the cost of college rising, more students than ever are graduating with substantial student loan debt. This leaves many searching for options of how they can better handle their student loans. For some, student loan consolidation may […]
Lowering student loan interest rates typically helps you pay off your loans faster than usual. Why exactly? With a lower interest rate, you are charged less each month for holding the debt. Less interest equates to lower monthly payments. The snowball effect of interest also works the opposite way: if you are stuck in a loan with […]
Across the country, college graduates are having difficulty making their student loan payments. With the cost of tuition skyrocketing at both private and public universities, it’s little wonder that so many borrowers are drowning in student loan debt — and looking for student loan help. When so many people are struggling with a certain problem, […]
For most college students, loans are a fact of life. Unless a fully funded ride or scholarship to college is involved, taking out student loans is a necessity for the majority of undergraduate and graduate students. Although most students have at least some level of student loan debt, few can answer the question how does […]
Do you fantasize about owning a house with a pretty white picket fence outside and a big backyard? If you do and you’re a millennial, you might worry that your dream might never come true. After all, many millennials struggle with overwhelming amounts of student debt and over half of millennials are putting off life […]