Student loans are one of the most significant debt burdens Americans face, and for many Americans, that debt has become unmanageable. But defaulting on student loans can have dire consequences. An income-driven repayment plan can help — and for some, even lead to loan forgiveness.
More students than ever are heading to graduate school. If you’re one of them, you may be wondering how to pay for it, especially if you already have undergraduate student loans. Fortunately, there are plenty of ways to pay for graduate school without getting you into overwhelming debt.
Student loan debt is growing six times faster than the U.S. economy. Fortunately, the government offers a tax-advantaged account called a Coverdell education savings account to help you save and invest money for higher education. Is it the right choice for your family?
Leaving a bad job may be the best way to change your life, but to quit your job without arranging a new one leaves you vulnerable to hardship. Before you quit your job without an offer for a new one, find out how to think through the implications and prepare yourself financially for the change.
If you’re heading to college, you’re likely experiencing a whole new level of sticker shock, even if your parents are helping you pay. College is expensive — really expensive. Fortunately, there are many ways to save money on back-to-school and dorm room supplies.
Getting a raise always feels great. But what should you do with the extra income? We all like to daydream about things we want to buy, but it’s important to take a close look at your personal finances before going on a spending spree. Here are several wise things to do when you get a raise at work.
Eventually every freelancer encounters a client who doesn’t pay on time, which can do a number on your business’s cash flow and your finances. Learn how to send freelance payment reminders in a way that maintains important client relationships and improves your chances of getting paid promptly.
In March 2020, the United States’ longest economic expansion in modern history ran into the buzzsaw of the COVID-19 pandemic, causing an unprecedented spike in jobless claims. But the vast majority of workers are eligible for state unemployment benefits. Follow these steps to apply.
If you’re a student looking for a place to park your money without excessive fees or unrealistic balance requirements, check out the impressive array of low-cost, low-balance checking accounts available to students. These are among the top FDIC-insured checking accounts for U.S.-based students.
With college costs on the rise, parents and students may be wondering how much they need to save. The amount depends on a variety of factors: the parents’ budget, school costs, and where the student wants to attend school. Learn more about savings methods like 529s and how much you should be saving.
Roughly 7 in 10 college students graduate with student loan debt averaging around $30,000. If you want to dodge that bullet, follow these education strategies before you enroll, during your college years, and after earning your college degree to reduce or avoid student loan debt entirely.
Proofreading can be the perfect work-from-home job for language lovers and people looking for a flexible schedule. If you have a knack for spotting details most people miss, proofreading could be a great fit for you. Here’s what you need to know to get started in this career.