Blog

58% of Millennials Actively Saving For Retirement; Average of $26,475 Saved

LendEDU's newest millennial study also found that few millennials are investing outside of their retirement accounts, with only 35% of...

How Much House Can I Afford?

The amount of money you have set aside for a down payment, the mortgage rates your credit score qualifies you...

Why Money Is Important

The importance of money is clear when you factor in the costs of necessities to sustain life. It can't buy...

Survey: Millennials May Have a Serious Debt Problem

In a survey of 1,000 millennials, LendEDU found that many members of this generation carry all types of debt, a...

Variable vs. Fixed Rate Student Loans

Your student loan terms will dictate how you repay your debt and how much it costs. A key loan term...

Student Loan Forbearance

See our research on student loan forbearance options for federal and private borrowers, who’s eligible, and what it costs to...

Study: Students Lose Confidence in Career Outlooks as They Progress Through College

A survey of over 7,000 college students uncovered concerning data regarding how colleges prepare students for the "real world."

Student Loan Consolidation vs. Refinancing: What’s the Difference?

Consolidation is the process of combining student loans into one loan. It can be done through the Department of Education...

How Do Millennial Outlooks on Personal Finance Vary By Income Level?

Surveying 1,000 Millennials split evenly between three income brackets, LendEDU gauged how this generation perceives wealth.

Is Medical Payments Car Insurance Worth It?

Medical payments coverage, or MedPay, is optional in most states. This add-on to a standard car insurance policy provides coverage...