Share this article: The College Fix on Facebook The College Fix on Twitter The College Fix on Reddit Share on Email The Trump-Biden freeze is coming to an end Borrowers of some student loans who have had a freeze on payments for over three years will have their bills come due soon, ...
"It's holding people up; they’re in real trouble. They're having to make choices between paying their student loan and paying the rent, those kind of decisions," he said. The plan in Congress faces opposition from Republicans who say canceling student loans will effectively shift...
Most student loan borrowers can take comfort in the fact that it is possible to pay off your student loans in a reasonable amount of time – it just takes some realistic math and a sacrifice for a few years. When I say “most” I want to focus on the average borrower with student lo...
It was a fantastic feeling and something I still think about to this day. Even though I have a success story when it comes to paying off student loans, I know that many others struggle with their student loan debt every single day. The average graduate walks away withmore than $35,000 ...
There’s a lot of hand-wringing going on over in Reddit forums that the new admin is going to either (a) not complete the recounts or (b) undo them upon Trump taking office. It sounds to me like your analysis is that people detrimentally relied on the government’s promise to adjust...
If you don’t already have savings stowed away, building up this fund should be your top financial priority. Interest rates — How do your student loan interest rates compare to the returns from the stock market or other investment vehicles? If your student loan rates are lower, then ...
There is still a grace period, and university loan grace periods are usually six months. This can be tough — the school gives you only six months from the time that you graduate to find a job and start paying them back. Six months may seem like a long time, but it is much har...
It can be hard to determine the best way to start building a credit history, especially as a student. When asked whether student credit cards were worth getting over a standard unsecured credit card, a Reddit user in the r/CreditCard communitystated, “what matters is that you start your ...
Consider student loan refinancing Start saving to cover your future bills Look into income-driven repayment options Explore other options for deferment or forbearance 1. Determine if your loans are affected First and foremost, not all student loans were put into automatic forbearance. The CARES Act ...
Facebook Pinterest Twitter Reddit A few months after I started blogging, my wife, who was my girlfriend at the time, and I decided to share our journey paying off her student loan debt.When she graduated in May 2011, she had over $80,000 of student loan debt.It was scary, but ...