The total student loan debt, between both federal and private loans, is $1.75 trillion. If your debt is contributing to this total, it’s time to pay it off. Whether you borrowed private loans, federal loans, or a mix of both, deciding which student loans to pay off first can be difficult. However, it’s important to …
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The Free Application for Federal Student Aid (FAFSA) is open for next school year. The earlier you submit it, the better. If you have divorced parents, navigating the FAFSA might be a little more difficult. It has its own set of guidelines on who you can report as your “custodial” parent on the application. No …
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Now that your student was accepted into their dream school, it’s time to figure out how to pay for their education (as if getting into college wasn’t difficult enough, eh?). From parent loans to student loans, you have a lot of options. Therefore, finding the most suitable way to afford educational costs can be difficult …
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According to the Education Data Initiative, around 15% of student loans are in default at any given time. If you are in student loan default, it’s understandable to feel overwhelmed and discouraged. However, don’t lose hope. There are many ways to financially recover from it. Jump Ahead > What is Student Loan Default? • What Happens …
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Borrowing a student loan is a big decision. Figuring out how much to borrow, where to borrow from, and how to navigate getting the money where it needs to go can be confusing. Before anything else, you should consider what you intend to use the loan money for. While student loans need to be used …
