Our blog is designed to provide information regarding some of the critical topics those with student loans must be aware of to be able to make educated decisions regarding their future.
Do you find yourself asking, should I drop out of college? You are not alone. Around 30% of students drop out during their first year and 56% of students drop out by year six. While we believe college is still worth the cost, there are some real reasons that making dropping out of college a smart move. Below,…
Continue Reading ->Many of our country’s most ambitious students pursue careers in the medical field. They may be dedicated to helping people or infatuated with scientific research. Many students seek the financial stability a medical career can offer. No matter what the driving factor behind your decision to attend medical school, there’s one thing you’re going to have to tackle,…
Continue Reading ->What is a Gap Year? A gap year is typically defined as a break year between high school and college in order to gain life or work experience while getting a more mature view of life. It all started in the ‘60s but has been booming since late ‘80s and it’s been promoted by many famous teenagers like…
Continue Reading ->With every bonus, reward, and benefits scheme, you can guarantee that some people will find a way to outsmart it. Credit card companies offer numerous rewards programs to incentivize spending, so it should come as no surprise that credit cardholders have found a way to rack up rewards by playing within the system, aka manufactured spending. Cardholders can…
Continue Reading ->You may have heard the commonly believed urban legend that student loans can’t be discharged in bankruptcy. It’s simply not true. Student loan debt may be discharged on the basis of undue hardship. Yet only a shocking 0.1 percent of bankruptcy filers with student loan debt try to have their student loans discharged due to undue hardship. This is…
Continue Reading ->Student debt is a hot conversation topic among lobbyists, politicians, and college graduates. College tuition prices are skyrocketing, but students continue to enroll. With family income still stagnant since 2000, most students are left with no choice but to borrow. Borrowers now owe a cumulative $1.569 trillion dollars of student loan debt according to the U.S Federal Reserve.…
Continue Reading ->Debt Management and Consolidation Debt management is a service offered by many companies to help people get out of debt quickly and easily. With a typical debt management plan, your service provider will work with your creditors to reduce monthly payments and interest rates on your debts, as well as avoid penalties. The debt management plan all three…
Continue Reading ->As student loan debt piles higher for students each year, they are increasingly looking for ways to get out from under that debt and get on with their lives. The average cost of college is $26,593 which is so daunting that many young people wonder if college is even worthwhile. When people are taking on this kind of…
Continue Reading ->If you’ve been dreaming of writing a book while on the beach in the Carribean, or maybe coding that new iOS app from the comforts of your bungalow in the wilderness somewhere, it might seem like it could only be a dream. The reality is, in today’s global economy and with the help of the internet and technology,…
Continue Reading ->An Overview of Rising Dental School Debt Dentists are not exempt from the growing burden of student loan debt. In fact, 80% of 2016 dental school graduates left college with over $100,000 in debt and 30% with over $300,000. According to the American Student Dental Association (ASDA), 2017 dental students graduated with an average dental school debt…
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