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Tag: student loans

The Student Debt Relief Plan Explained

Posted on October 3, 2022 by Andrea

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….

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Should You Consolidate Your Student Loans?

Posted on August 5, 2015July 11, 2016 by Andrea

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…

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Post-Grad Tips for Student Loan Repayment

Posted on April 24, 2013July 11, 2016 by Andrea

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…

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The Face of Recession: How to Handle Student Loans

Posted on October 20, 2011April 13, 2014 by Andrea

It used to be that a college education practically ensured your chances of obtaining a well-paying career in your field of choice, usually right after graduation graduation.  However, times have changed.  More and more people are pursuing college degrees and, therefore, the competition is high.  To make matters worse, college graduates face the tough realization…

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Don’t Let Student Loans Ruin You

Posted on December 20, 2010July 16, 2022 by Andrea

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). …

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