Student Debt

Blog categorized as Student Debt

Student Loan Consolidation

What is Student Loan Consolidation?

Student loan consolidation is a way to combine your federal student loans into a single loan. This allows you to have all your loans in one place with a single payment, while keeping federal loan benefits. If all your student loans are federal student loans, then ...

Valentina
14.12.18 10:00 PM - Comment(s)
How to Apply for Student Loan Forgiveness
What is Student Loan Forgiveness?

When someone mentions student loan forgiveness, they are normally referring to the Public Service Loan Forgiveness (PSLF) program, which forgives people with federal student loans. If you qualify for this program, the complete balance of your federal student loa...

Valentina
07.12.18 10:27 PM - Comment(s)
Average Student Debt per Borrower in America

Year over year, the average amount of student debt per borrower continues to rise. College prices have been climbing, so students continue to borrow more money to pay for their education. This burden causes recent graduates to delay major life events, just so they can pay their loans. 

So, what...

Valentina
23.11.18 06:30 PM - Comment(s)
How are Income Share Agreements Different from a Loan?

While a student can use both income share agreements (ISAs) and loans for financing, they are two separate concepts. Income share agreements have built in protections that help the consumer during economic hardship.  There's also no obligation to pay back the full amount funded. However, there...

Valentina
09.11.18 06:34 PM - Comment(s)
Statistics About the Student Loan Crisis

There is currently over $1.5 trillion in student loan debt, but no one seems to have a solution for this compounding problem. Year over year, the amount of student loan debt increases as education costs continue to rise. Student loan debt is the leading type of consumer debt after mortgages. While ...

Valentina
09.11.18 06:34 PM - Comment(s)
How To Benefit From Social Media Screening


The last couple of decades has seen a major surge in the use of social media with new mediums, sites, and apps popping up all the time. If you are an avid user of these social media platforms, you should be mindful of the fact that 71% of recruiters and hiring managers use social media as a screenin...

Valentina
09.11.18 06:34 PM - Comment(s)
Dartmouth's Decision Enough To Better The Student Debt Scenario?


The recent decision by Dartmouth College to no longer include student loans as part of the institution’s financial aid package, while worthy of applause, is also worthy of a closer look to explore its wider repercussions. Eliminating student loans as part of a financial aid package is a step in the ...

Valentina
09.11.18 06:34 PM - Comment(s)
A Quick Guide To Investing In A New Asset Class


The stock market is highly uncertain owing to interest rate hikes, increasing real estate prices, and everyday commodities getting more expensive because of inflation. The market reflects that on a day-to-day basis. In May 2022, 43% of investors expressed nervousness when it comes to investing. Howe...

Valentina
09.11.18 06:34 PM - Comment(s)
Can Biden Administration Resolve Student Debt Crisis With Loan Forgiveness?


Last week, millions of student loan borrowers took a collective sigh of relief as the Biden administration announced yet another extension of the student loan repayment pause that now runs until December 31, 2022. In fact, this time the Administration went further by fulfilling President Biden’s cam...

Valentina
09.11.18 06:34 PM - Comment(s)