College & Education
12 articles
If you’ve defaulted on your student loans, the threat of debt collectors hounding you for payment, wage garnishment, tax refund seizure, legal action, and credit damage can be emotionally and financially devastating. Fortunately, it’s possible to settle your student loans for less than you owe. But negotiating a settlement can be tricky. Nevertheless, debt settlement
Among the biggest issues when choosing between private school and public school for your kids is cost. If you think your family can’t afford private school, make sure you’ve considered all the options; a bit of work could bring the cost within reach. Learn how to afford private school for your kids.
Student loan debt can be a huge burden on new graduates just starting out in their careers. Fortunately, there are programs to help with repayment, including forgiveness, cancellation, and loan repayment programs (LRPs) specific to your chosen career. See which ones you might qualify for here.
Most students have to borrow student loans to go to college. But very few know anything about them. That’s pretty scary considering you’re likely to take on several tens of thousands of dollars in debt. And making mistakes with that much money could cost you just as much. Take it from me. I borrowed six
Most students don’t have the ability to attend college or grad school without borrowing student loans. In fact, two-thirds of students borrowed money to attend college in 2018, according to a 2019 report from the Institute for College Access and Success. And that percentage continues to steadily increase. Unfortunately, almost as many may not understand
If you already have a private student loan, there are even more ways to reduce your rate, though some may take time. For example, improving your credit score may take several years. But you can also opt to apply with a creditworthy co-signer, choose a shorter repayment term, take advantage of loyalty programs, and negotiate
Student loan debt is growing six times faster than the United States economy, according to EducationData.org. For parents who want to help with their kid’s college tuition, that’s a worrying thought. But as with retirement savings, the government offers a few tax-advantaged accounts to help you save and invest money for higher education, including the
Wouldn’t it be nice to get rid of your student loan debt sooner than later? Thankfully, tons of strategies can help you pay off student debt faster — and the faster you pay them off, the faster you can get on with the rest of your life.
Skyrocketing college tuition has students taking on debt to pay for college. But your area of study can affect your future earning potential — and your ability to pay back that burdensome student debt. Find out how your major can affect your earning potential before it’s too late.
Nobody likes starting their adult life with crushing student loan debt. Unfortunately, student loans have become a necessary evil. According to the Institute for College Access & Success’ Project on Student Debt, 62% of 2019’s college grads had significant student loan debt upon graduation, with an average of $28,950 in outstanding loans. If you’re forced
If you have student loans along with debt from several sources, such as credit cards and personal loans, it can feel like you need a degree in accounting just to manage it all. Thus, the idea of consolidating all your debts can sound tempting. A debt consolidation loan is a single unsecured personal loan you
Working while in school has become the norm for college students. Although balancing a job with your studies can be difficult, there are several advantages to working while in school. Here’s a look at why working while in school can be beneficial for you.