Student Debt

Blog categorized as Student Debt

Why is College so Expensive?

It's no surprise that college prices have risen by a lot in the past few decades. In fact, the average yearly cost of a university has risen from $4,885 in 1985 to $23,385 in 2017. This rise is significant, even when you account for rising costs from inflation. The trend holds between pub...

Valentina
21.09.20 08:34 PM - Comment(s)
Do student loans discriminate?

Access to a college education is something that everyone should be able to enjoy. Accessibility of federal student loans is something that has helped improve that access. However, these loans can still disproportionately affect different types of people. Even with access to various types of loans, ...

Valentina
08.06.20 06:33 PM - Comment(s)
Teacher Student Loan Forgiveness Programs

Student loans can be daunting for anybody, but especially for new teachers. With an average starting salary of ​$38,617​ nationwide and the average student debt being nearly the entirety of that (​$32,731​), it can be difficult to pay back your student loans. This lower than average ...

Valentina
01.06.20 06:13 PM - Comment(s)
Is refinancing my student loans the best option?

Refinancing your student loans is a big deal and can be a hard choice to make. There's plenty of companies out there that will refinance your student loans, so how do you pick which one to go with? When deciding whether or not to refinance, you want to get as much information as possible and m...

Valentina
18.05.20 10:54 PM - Comment(s)
How the temporary freeze on student loan interest will affect you

While the coronavirus pandemic continues to spread, administrations are doing everything they can to ease the burden for citizens. ​Many proposals​ have come from Congress in recent days to help people struggling from the pandemic. This ranges from a proposal to send each American $1,000 to cancel ...

Valentina
30.03.20 05:38 PM - Comment(s)
Do you have to pay back Fafsa? Plus 3 ways to pay back student loans faster!

The Free Application for Federal Student Aid, or FAFSA for short, is exactly what it sounds like. It's an application that you can fill out in order to receive federal financial aid. Filling it out is beneficial: it costs you nothing and can give you access to grants or loans for you...

Valentina
27.01.20 09:57 PM - Comment(s)
How to Refinance Student Loans (the new way)

Refinancing student loans can be stressful and time consuming. As you do research, you realize there's a lot of companies out there, but it looks like they all provide the same service. And all these companies just replace your student loans with another loan. With all these companies offering the ...

Valentina
13.01.20 10:13 PM - Comment(s)
The Best Way to Refinance Your Student Loan in 2020

If you're looking to refinance your loans it can be extremely confusing and frustrating. It takes a lot of time to learn what your options are, along with the benefits and drawbacks. On top of that, there's a lot of different companies out there that are able to refinance student loans, so which on...

Valentina
06.01.20 09:32 PM - Comment(s)
5 Reasons to Refinance Student Debt with Defynance
Refinance your student debt and enter an income share agreement.

Defynance isn't like other student debt refinancers out there. Instead of replacing one loan with another loan, we eliminate your debt entirely with an ​income share agreement (ISA)​. When you refinance student debt with an ISA, you get added benefits and protections. With an ISA, you only pay...

Valentina
26.11.19 12:34 AM - Comment(s)
What will happen if we cancel all student debt?
The idea that the government may cancel all student loan debt makes people wonder what they would do without the obligation.

With the presidential elections coming up, the candidates are putting their ideas out there on some of the hottest topics around. And what topic isn't hotter than student debt right now? Elizabeth Warren has proposed forgiving a large chunk of outstanding student debt. While another hopeful, Bernie...

Valentina
04.11.19 08:07 PM - Comment(s)