Not paying your student loans can have some serious consequences, including a lowered credit score and having your wages garnished.
But what if there was a way to avoid paying your student loans with no repercussions?
Actually, there is–if you quality for a student loan forgiveness program.
For recent college graduates, paying student loans can be a struggle.
But what if you could get yours paid for you just for moving to a certain city?
Niagara Falls, NY is trying to attract young residents by doing just that. The city will pay off $7,000 of a borrower’s student loans if they live in a designated area of the city for 2 years.
We’ve written a lot about the great, affordable colleges in our home state of New York.
And beginning this year, prospective college students and graduates may have another reason to consider making a move to the Empire State: free student loan payments for two years.
Students are graduating college with more debt than ever before, with the average college graduate leaving school with $28,400 in student loans.
But in some states, students are graduating with debt levels much higher than that, with debt in 6 states topping $30,000.
A new report from The Institute for College Access & Success’ Project on Student Debt shows that average student debt varies widely by state, ranging from $18,656 to as much as $32,795 per student.
When most people talk about student debt, they talk about it in terms of undergraduates. Indeed, undergraduate student debt remains a real issue, with the average graduate leaving college with $29,000 in student loans. But according to Time Magazine, there’s an even bigger problem that’s not frequently talked about in the media: graduate student debt. […]
Paying off your student loans can be a daunting challenge. And with compound interest, the longer you take to repay them, the more they build up. Listen to this podcast from How to Pay for College HQ about how one student, Kyle Musser, paid off $20,000 of his $60,000 in student loans in his first […]
If you have a lot of student loan debt, you’re far from alone.
Unpaid federal student loan debt is nearly $1.1 trillion, according to the latest data from the Consumer Financial Protection Bureau. And that’s not even counting private loans.
To show how great of a number that is, Debt.com put together an infographic of all of the things you could buy with $1 trillion.
Student loan repayment can be extremely confusing for new graduates and their parents. With so many different plans and options, it can be difficult to figure out which one is best for you.
US News recently published a helpful breakdown of the four student loan repayment plans that are income-driven, meaning that your payments are dependent on how much money you make.
With the average student debt load rising for college graduates, it’s not surprising that many parents feel obligated to help pay their kids’ student loans to prevent them from falling behind.
According to a survey of 5,000 Americans released Thursday by Citizens Financial Group, as reported by MarketWatch, 94% of parents of college students ages 18 to 24 say they think their personal burden for their kids’ college student loan debt is increasing.
When we say we are financial aid and student loan repayment consultants, many people assume we work for a college financial aid office, bank, or other outside organization.
But our work is completely independent. As student loan repayment consultants, we work one-on-one with student loan borrowers to set up a repayment schedule that allows them to manage their debt.