Are you struggling to keep up with your student loan payments? Wondering if there’s a way to ease that struggle? You’re not alone. Millions of students deal with the same struggles. And if this is you, forbearance might be the solution you’ve been looking for. In this article, we will explore the benefits of forbearance […]
Understanding how to calculate your discretionary income is super important if you have student loans. It helps you figure out how much you might need to pay each month. Let’s break it down step by step, with some easy examples, so you can see how it’s done. We’ll keep everything simple and clear. What is […]
Feeling overwhelmed by your student loan payments? Don’t worry, there are several ways to make them more manageable. Here’s a guide to help you lower those monthly payments: 1. Income-Driven Repayment Plans These plans adjust your payments based on your income and family size, potentially reducing your monthly payment significantly. Each plan has it’s own […]
What’s going on with Coronavirus & student loans? The Coronavirus pandemic has forced many businesses, including schools and universities, to operate differently than they used to. Some schools have closed, and others have turned to virtual learning options. Many recent graduates have lost their jobs, had their hours cut, or accepted lower wages. But what […]
The cost of a college education has risen dramatically in recent years. According to U.S. News & World Report, the average cost of tuition and fees for the 2019–2020 school year was $41,426 at private colleges, $11,260 for state residents at public colleges, and $27,120 for out-of-state students at state schools. Unless you are independently […]
If you’ve just graduated, it’s time to face the music on your student loans. Your grace period will be over in a matter of months, and average student loans now total over $34,000 per person. There are some common mistakes you can avoid as you begin repayment, that can save you thousands of dollars in […]
