This post is by our regular contributor, Erin. It’s no secret young adults are struggling with crippling student loan debt. We go to college with high hopes and graduate to a rude awakening. In 2015, the average borrower graduated with over $35,000 of student loan debt, though some struggle to make that much in one year. Back […]
Read More >>When (and How) to Consolidate or Refinance Student Loans
This post is by our regular contributor, Erin. Student loans are a burden that millions face. Sadly, most choose not to face it, which has resulted in nearly 7 million Americans defaulting on their student loans. Defaulting has some serious consequences. As many of you probably know, you can’t get rid of student loans easily […]
Read More >>Careers that Offer Student Loan Forgiveness
This post is from our regular contributor, Kristi. Please note: This post presents only a general summary of information regarding student loan forgiveness opportunities. It does not presume to be authoritative or complete, as student loan information changes periodically. Not having enough savings for college, combined with skyrocketing tuition costs means that college students are […]
Read More >>Why Your College Major Shouldn’t Define You
This post is by our regular contributor, Erin. How many of you are employed in the same field you studied in college? As the Class of 2015 recently graduated, I was reminded of the period of time between when I graduated and when I began my first job. I knew straight away there was an […]
Read More >>How to Study for the GMAT for Cheap
As some of you know, I recently decided to get my MBA. One of the things you need to do to get admitted to an MBA program is take the GMAT. There are many ways to study for the GMAT. There are books, tutors, and classroom study formats. As you might expect or seen through […]
Read More >>5 Reasons I decided to get my MBA
It’s finally been decided: I’m getting my MBA. This decision did not come easily. In fact, I spent the past 5 years going back and forth on whether it was a good idea or not. Two years ago I was pretty sure that I would not get my MBA. People get their MBA for many […]
Read More >>The Mentality Around Student Loan Debt: What’s the Rush?
This post is by our regular Wednesday contributor, Erin. Do you ever think the hype around paying off your student loan debt is a bit, well, unnecessary? Or are you in the camp of getting rid of them ASAP so you can move on to bigger and better things? A few weeks ago, I wrote […]
Read More >>3 Ways the Government Can Provide Student Loan Debt Relief
$1.2 trillion. As of June 2014, the overall student loan debt in the United States exceeded $1.2 trillion dollars with over 7 million debtors in default. Even if you personally have no student loan debt, it touches all areas of the United State’s economy. That trillion dollars of student loans means that students are paying […]
Read More >>Why You Should Pay the Minimum on Student Loans
I think that in almost every situation it makes sense to pay the minimum on student loans. Hear me out before you start firing off a comment about what terrible advice this is. If the goal is to build wealth – and I don’t know many people who don’t have that as a goal – […]
Read More >>Which Student Loan Repayment Plan Is Right For You?
Today we welcome Natalie Bacon, who is an attorney and blogger at The Finance Girl. She’s written an incredible guide to student loan repayment that I hope sheds some light on a topic that many graduates are in the dark about. Enjoy and please share with others! So, you’ve graduated from school and a few […]
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