Pursuing Public Service Loan Forgiveness, or PSLF, can make sense for many student loan borrowers who are employed full-time by a nonprofit or the government. In my student loan repayment 101 webinars and presentations I always love highlighting how PSLF can literally mean a $100k+ swing in net worth for certain borrowers. To put […]
Read More >>
Massive student loan debt has become a huge challenge for graduates and there is no sign of the cost of college slowing down. Many millennials, who either incurred a lot of student loan debt or know someone who did, are now having children. Not surprisingly these parents are concerned about their children potentially incurring […]
Read More >>
“Don’t count on loan forgiveness – it doesn’t work!” “It doesn’t sound like loan forgiveness is a thing. Didn’t you see that 99% of people get rejected?” There is a ton of negativity around Public Service Loan Forgiveness. Many are telling people there is no way they will get loan forgiveness. But in reality, […]
Read More >>
During a recent student loan repayment webinar I was asked the question “can I trust my financial advisor with my student loans?” This is a really important question that I thought would be worthwhile to address in a post. It’s a question that will come up again and again, as a higher percentage of Americans […]
Read More >>
A few years back student loan refinancing wasn’t something that most people heard about. That’s not the case today. The student loan refinancing industry has exploded. According to LendEDU, private student loans now total approximately $100 billion. Driving the trend towards more and more private student loans includes: Cost of College – As the […]
Read More >>
If you are one of those who was lucky enough to not have student loans, you likely know someone else who had them or has them. It’s also almost impossible to avoid the near-daily reminders of how big of an issue student loan debt has become. It’s natural to want to help your children […]
Read More >>
It can be tough to find time to focus on personal finance while you are in college. After all, college students have very little “extra” time. They are trying to perform well in all their classes, and many have numerous obligations outside of class such as working, volunteering, organization involvement, and social lives. And […]
Read More >>
Every day there are millions of people who use spreadsheets at their job or business. Even if you have only a basic understanding of Excel or Google Sheets, you probably realize how powerful they can be for things like planning and tracking. While there are thousands of personal finance tools and apps out there […]
Read More >>
If you’re one of the more than forty million Americans with student loans, you know what a drag they can be on your financial life. Right out of grad school my wife and I owed approximately $1,000 a month (minimum) towards student loans. It doesn’t take a mathematician to realize what a drag that […]
Read More >>
This is a sponsored post on behalf of our friends at Citizens Bank. Despite Citizens Bank’s sponsorship, all opinions and/or advice are provided by YoungAdultMoney.com. #sponsored. College and graduate school can be exhausting. Which begs the question: Why can’t student loans be simple? Unfortunately, student loans are complicated. The good news is that if you […]
Read More >>