Career and life planning resources for college students, recent grads, and career-changers.
The President, Vice President, and U.S. Department of Education recently announced a debt relief plan to help federal student loan borrowers transition back to regular payment as pandemic-related support end. This plan includes loan forgiveness of up to $20,000. But borrowers may be confused on how the plan works and how to apply for forgiveness….
Many college graduates carry significant student loan debt, often consisting of multiple loans. Loan consolidation can simplify your finances by allowing you to make one payment instead of many. Although loan consolidation isn’t always the best choice, it can benefit certain borrowers. Read on for more information on student loan consolidation, including the advantages and…
Student loan debt is no laughing matter. In fact, the average graduate leaves college owing approximately $22,000 in student loan debt. This figure alone might make you think twice about higher education. Private loans and federal aid, such as Sallie Mae student loans, can help you realize your educational goals. But getting a degree is…
Today’s high tuition costs necessitate loans for many college students. Loans have become so common that hardly anyone thinks about the consequences of this debt. It’s a smart investment in your future, right? Not always. First, interest on loans is accruing daily (once you graduate for subsidized and while you’re still in school for unsubsidized). …
Marshall Brain is the founder of HowStuffWorks.com, an award-winning site that provides resources on thousands of topics. Mr. Brain was kind enough to answer some questions I had about the challenges recent college graduates are facing. For more information, visit the career channel at HowStuffWorks. 1. How do recent graduates get started in a career…