Five Questions To Ask Before Taking Out A Student Loan
Student loans can be a real financial wrecker. The U.S. Federal Reserve estimates that Americans now owe between $900 billion and $1 trillion in student loan debt. That figure has been steadily growing...
View ArticleYou Now Have a Bit More Time to Pay Off Your Federal Student Loans
For much of 2020, anyone with outstanding federal student loans were given a break. In the wake of the pandemic, the government offered a generous forbearance program that let borrowers breathe easy...
View ArticleGreat Ways To Refinance Your Student Loan
Cutting costs, sticking to a budget, and exacting as much value as possible on all fronts has largely become the financial modus operandi for many folks these days. Many government programs, such as...
View ArticleHow Will You Help Your Kids Pay for College?
Every parent wants to help their children establish the best possible future. One of the ways to do this is to encourage them to get a good education. While this doesn’t always have to mean getting a...
View ArticleWhy You Should Never Pay an Upfront Fee For Student Loan Relief
Student debt is a major problem in America. The country collectively owes more than $1.5 trillion — yes, with a T — in outstanding student loans. It’s become a crippling problem for millions, as wages...
View ArticleShould You Count on Student Loan Forgiveness?
Now that January 20 has come and gone, there’s a new Democratic administration in the White House. We don’t want to get bogged down in the politics of the transition. However, President Biden taking...
View ArticleWhat Happens If You Can’t Pay Your Student Loans?
College or university costs a ton these days. Many students find themselves taking on a great deal of student loan debt. It’s not unheard of for some students to graduate with as much as half a million...
View ArticleStudent Loan Interest Deduction: A Complete Guide
Under Internal Revenue Service (IRS) rules, taxpayers with active student loans are entitled to special deductions. These deductions apply to the interest paid on the loan in a given year. They help...
View ArticlePerkins Loans: Everything You Need To Know
A Perkins Loan was a federal program that provided low-interest loans to college students who demonstrated exceptional financial need. The program, which operated as the “Perkins Loan Program,” no...
View ArticleHow to Get the Most Out of Your Education Dollars
It’s long been accepted that furthering your education is one of the best ways to increase your earning power. Specialized training can go a long way toward developing skills that others are willing to...
View Article12 Best and Worst Colleges For Your Money
In general, earning a college degree is a sound investment in your future. According to the Bureau of Labor Statistics, the median weekly earnings of those with a bachelor’s degree is $1,305 vs. $781...
View ArticleHow To Avoid Student Loan Forgiveness Scams
President Biden recently announced a student loan relief program, forgiving up to $20,000 in federal student loan debt for eligible borrowers. Unfortunately, scammers are targeting those with student...
View ArticleLow-Interest Student Loans: Federal vs. Private Loans
A low-interest student loan can significantly cut down the overall cost of a post-secondary education, saving the borrower thousands of dollars over the loan’s lifespan when compared to a high-interest...
View Article