In September 2018, the Federal Reserve increased the federal funds rate by 0.25%. That change can have an impact on student loan interest rates. If you are in the middle of taking out student loans, you may be wondering how changes in Federal Reserve rates affect them and if interest... read more →
Oct
10
Sep
21
Many college graduates are trying to pay off their student loans AND save for retirement. They are failing. Retirement is being put on hold while they focus on simply making their student loan payments. Adults are still paying student loan debt into their 40s. 7.3 million borrowers are in their... read more →
Sep
06
Tuition, room, and board...those are the big ticket, cringe-worthy costs of going to college. However, parents would be wise to take a moment to think about the high cost of college textbooks. These costs can not be ignored. Many of us may be thinking that with the explosion of online... read more →
Aug
30
Imagine this. You are a new med school student sitting in a room full of other med school students for your White Coat Ceremony--being given your white lab coats, a symbol of the start of your medical education. As part of the program, you are informed that your tuition is... read more →
Aug
01
After the classes are done, the careers and the student loan repayment begins. Hopefully, graduates find fulfilling jobs and are able to maintain their loan payments (perhaps because they heard our message about not taking out more loan debt than they could afford). In some cases of hardship, loan payments... read more →
Jul
15
Buying a home is usually the most expensive purchase in a parent’s life. However, paying for college for their children can be a close second, and the price of college is rising faster than the price of housing. So, does it matter what the value of your home is when... read more →
Jul
11
We’re honored this week to be presenting this guest blog post from Jeff Gitlen and LendEDU.com. LendEDU is a “marketplace for private student loans, student loan refinancing & consolidation, and personal loans, among other financial products.” LendEDU was created “to help student loan borrowers and consumers find transparency without damaging... read more →
Jun
29
Politicians (better than anyone) know how to tailor their message to their potential voters. One hot topic is the possibility of free college. The state of New York announced their free college tuition plan in 2017. A few other states have free tuition programs with a variety of terms and... read more →
May
29
Recently, we talked with a divorced mom who put herself through college and now has student loans of her own. Suddenly, she is paying for her own debt, and she is faced with paying for her kids’ college at the same time. In today’s world of high student loan debt,... read more →