Student loan borrowers in the U.S. now owe an outstanding $1.3 trillion in student loan debt. It’s an incomprehensible number. To try to put it into perspective, there are only eleven countries on earth with a GDP higher than the amount of money held in student loan debt in the U.S. Terrifying, right? Well, more understandable numbers […]
Coming out of college can leave you with a significant debt burden. As tuition and living costs spiral, students are finding themselves weighed down by more debt than ever before. The average graduate from the class of 2016 graduated with a colossal $37,172 of debt. That’s a 6% increase from the year before. With a […]
Having excessive student loans can be stressful, overwhelming, and downright frightening. Amazingly, many Americans do not even know how much they owe in student debt. The average graduate in the United States has almost $30,000 in loans. Many students have problems paying loans back, primarily due to a lack of information and available strategies for […]
Default is one of those big, scary words. Defaulting on your student loan is an unfortunate thing, and can have a number of negative consequences. But there are things you can do to get out of it and fix the damage. So what is Student Loan Default, anyway? In the simplest terms, a student loan […]
Along with many other schools in 2016, Sanford Brown closed down. This left many students high and dry, without an adequate way to continue their education, find a job, or pay off their loans. This article will explain the Sanford Brown controversy, reactions from students and the public, and explain different student loan repayment plans which […]
I’m sure you’ve heard horror stories about student loan debt. But sometimes hearing about it on the news makes it seem like more of an abstract problem. We forget that that it’s something that is affecting the daily life of millions of people across the country. Let’s look more closely at the current student debt […]