College tuition is expensive, but does is pay off over time? Let’s take a close look at the data. Tuition fees for top colleges are not getting any cheaper, and Gen Z have taken over the woes of the Millennials who came before them, complaining that college debt, combined with the rising cost of living, […]
Student debt is something that almost every college graduate in the U.S. has to deal with. The average student graduates with around $30,000 of debt and many are carrying much more. While many people complain about student loan repayments, the majority of graduates actually think their degree is worth the debt they took on. So How […]
Do you have considerable student loan debt? We asked financial advisors specializing in student loans to offer their tips to help you tackle and repay your debt. The financial health of millions of Americans suffers from the burden of significant student loan debt. According to EducationData.org, more than 43 million Americans collectively owe $1.7 trillion […]
Employers can provide student loan repayment benefits to help employees with matching contributions to reduce debt thanks to SECURE 2.0 act. We were fortunate (you might say privileged) enough to avoid student loans while our three kids went to college. As a result, all three graduated with $0 in student loan debt. Not everyone is so […]
On October 6, 2021, the Department of Education announced significant temporary changes for individuals seeking Public Service Loan Forgiveness (PSLF). The PSLF waiver, which expires on October 31, 2022, allows student loan payments to qualify for PSLF that hadn’t previously. Qualifying for PSLF has stringent requirements that have caused many to delay or even miss […]
If you’re among the millions of Americans with outstanding federal student loans, you can expect your payments to resume in May when the pandemic-era pause comes to an end. Here are six tips to help you prepare for making payments on your student loans once again. 1. Know Your Loans Maybe it has been a […]
Opinions are split, but not evenly. In spite of soaring student debt, often heralded as a crisis by the national media, the majority of students still say it was worth going into debt to get their degree. This is in spite of the fact that US graduates are carrying a staggering $1.5 trillion of debt, […]
College years are so much fun and memorable. You get to open a whole new chapter of your life, gain independence, and acquire new friends who may stick around for life. Still, there’s the other side of the story as well. For most college students, money can be quite an issue. You don’t have the […]
The cost of a college education appears to be on a constant (and rapid) upward trajectory. This is especially true when compared to the flat or even drooping inflation-adjusted income of most Americans. If you’re a parent, and especially if your kid is young, here are 5 tips that will help you put your kid […]