Are you (or is someone you know) in trouble with student loans? A difficult job market colliding with a mountain of student debt means you’re not alone. My loan payments will be starting soon, but I can’t afford them. What should I do? First thing to do is make a list of all of your […]
It may be Thanksgiving month to many of us, but to May college grads, it’s also the month their student loan payments start. Got questions about how to pay them back? We have some answers. I’m out of school; now what do I do with all of these loans? Each year a student borrows money, […]
(This infographic and post were provided to me by Cedar Education Lending, and in no way should be construed as an endorsement of their services.) For years parents are always told to start saving for their child’s college fund as soon as they are born. However, based on the growing costs of higher education year […]
Thanks to Consolidated Credit for providing this infographic on college debt. Staggering college debt is no way to start off a secure financial future. Yet thousands of students every year rack up thousands of dollars in debt. The average college student attending a four-year institution ends up with $25,000 in debt upon graduation, which is […]
I come from a family of insatiable learners; my brother’s first email address was “eduatheart.” I can spend hours reading and learning now, but when I was in college? The pressure of papers and hours of reading made it difficult to appreciate what I had. I wish I had committed more to my long term […]
Want some tips on where to find scholarships and how to manage the application process? I recently wrote two posts about it on a new personal financial website called Dimespring. Dimespring is an interactive community with contributions from financial professionals as well as blogs by non-financial pros who write about their money struggles. I was […]
10. You’ve never heard of Upromise 9. You’re not quite sure how a 529 works 8. Or if that’s the best way to save for college 7. You think FAFSA stands for “frustrating application from someone annoying” 6. When you hear “Stafford” you think shirts 5. Your child is applying to a school that uses […]
According to to this article on SmartMoney.com Total student loans outstanding are expected to reach $840.5 billion by end of September (up 10%) The 66% of the class of 2012 with student loans averaged $28,720 vs $9,320 in 1993 (according to FinAid.org) The Treasury Dept reports docking Social Security payments of 115,000 retirees so far […]
