Student Debt

Blog categorized as Student Debt

Student Loan Repayment Freeze Extension... Is it a Relief?

The Biden administration has further extended the student loan repayment freeze until May 2022. However, one cannot neglect expressions like "one last time" and "prepare for repayments to restart" which accompanied this statement.

There's a shared sentiment among student loan hol...

10.01.22 11:54 PM - Comment(s)
When to refinance student loans
If you have to refinance your student loans, be ready to read the fine print and understand what you're getting into.

Refinancing your student loans can be tempting, especially with the latest news of federal rates getting cut. Now may be the best time to refinance student loans. This is due to interest rates on student loan refinancing staying lower than they have been in a while, some as low as 2.27% for some ca...

11.09.21 03:23 AM - Comment(s)
Ways to avoid debt while going to college

Today, most students have to take out loans to get through college. Even with the high price tag, many people think it's the best way to improve their salaries and college graduates consistently make more than non-graduates. This causes the price of college to continue to ​rise​ and there's less mo...

03.05.21 06:04 PM - Comment(s)
The Consequences of Putting Off Student Loan Payments

If you’re struggling to pay your loan, you’re not the only one. 27% of students who graduated in 2004 have defaulted on their student loans. While missing a payment of your student loans may seem alarming, there are some options that can help you out. But first, what are the consequences ...

19.04.21 05:58 PM - Comment(s)
Student Loan Payments are Due Again Soon, What Does That Mean?

Back in March, congress passed an emergency funding Bill, the ​CARES act​, to help stimulate the economy during coronavirus lockdowns. This $2.2 trillion bill provided much needed relief, including sending every eligible citizen a check for $1,200. Another relief it added was ​temporary pausing​ fe...

07.12.20 08:12 PM - Comment(s)
Top 5 Student Debt Resources Defynance is Thankful For

This year may not have gone exactly how you had planned for it to go. Many New Years' resolutions got off track because of this virus. However, there's still a lot to be thankful for. Here at Defynance, we are thankful to all of you who continue to support us throughout everything and continue to b...

30.11.20 08:28 PM - Comment(s)
Can you avoid your student loans by leaving the United States?

Are you drowning in a pool of student debt and unsure of how you can get yourself out? Well, some people have started leaving the United States altogether to avoid their student loans. And can you blame them? With 45 million Americans holding over $1.6 trillion in student loans,...

09.11.20 08:29 PM - Comment(s)
Student Loan Forgiveness - Not Everyone's a Fan

For those out there with student loans, you're probably excited to see the push to cancel some or all of your debt. Even presidential candidate ​Joe Biden​ has come out in favor of some student loan forgiveness. And while it can be uplifting to hear that you could get some much needed help with you...

19.10.20 05:52 PM - Comment(s)
Biden's plans for student loans

Welcome to part 2 of our coverage on each candidate's student loan policy. Last week, we explored President Trump's plans for student loans. This week, we'll take a look at his main opponent, former Vice President Biden. While this may not be the factor that decides which candidate you vote fo...

12.10.20 07:13 PM - Comment(s)
Trump's Plan for Student Loans

It's everyone's favorite time that comes only once every few years, and no, I'm not talking about February 29. It's finally election season and the race for America's top dog couldn't be more exciting. Even though it may not be the issue to sway your vote, one of the bigger topics that ha...

05.10.20 10:06 PM - Comment(s)