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.
Breaking up is hard to do, and that saying is equally true when it applies to leaving your job. Quitting can feel just like giving an awkward break-up speech. It can be hard to figure out how to quit your job without leaving a bad taste in anyone’s mouth. It’s crucial to learn how to part ways gracefully…
Continue Reading ->Attaining a master’s degree broadens your career path and results in a lower unemployment rate as compared to those with less education. You can even expect to make around 20% more than your bachelor degree-holding counterparts. However, this benefit and many more come at a cost. Exactly how much does a master’s degree cost? According to Sallie Mae,…
Continue Reading ->It’s only 10 years after our worst economic crisis since the Great Depression, and Americans seemed to have forgotten all about it. Average American debt has soared yet again. Total household debt in the nation was $13 trillion in the third quarter ending September 30, 2017. This was the 13th quarter in a row that household debt increased.…
Continue Reading ->Have you ever bought something only to find it discounted a few weeks later? It’s even worse if you thought you were getting a great deal at the time. If you like being a savvy consumer and saving money, this can be a serious thorn in your side. Enter: Paribus. This app promises to save you money by…
Continue Reading ->You might make the significant decision to attend medical school for a variety of reasons. Perhaps you’re passionate about helping people. Maybe you’re most interested in the academic acclaim or financial security the medical field has to offer. But no matter what the driving factor is behind your decision to attend medical school, there’s one thing you’re (probably)…
Continue Reading ->Donald Trump has recently spoken about his position on the student loan crisis, and his opinion might surprise many. In an interview with thehill.com, Trump slammed the federal government for profiting on federal student loans. “That’s probably one of the only things the government shouldn’t make money off. I think it’s terrible that one of the only profit…
Continue Reading ->At a time when families are going into debt to pay for school, Governor Bill Haslam of Tennessee has come up with a plan to encourage high school students to graduate and then keep them in Tennessee to work and go to college. His plan also encourages adults to return to college in order to improve their lives.…
Continue Reading ->Reserve Educational Assistance Program (REAP) The REAP was established as a part of the Ronald W. Reagan National Defense Authorization Act for Fiscal Year 2005. This program makes certain reservists who were activated for at least 90 days after September 11, 2001 either eligible for education benefits or eligible for increased benefits. The chart below has the basic monthly…
Continue Reading ->The future of college tuition, and therefore student loans; seems to be going only up with no relief in sight. In order to get a better understanding of why, this might be a good time to look back at when the first federal student loan and grant programs were established and how it has fueled the rising…
Continue Reading ->The bad policies and practices of Sallie Mae continue to live down to the public’s already low opinion. It now appears that despite holding almost 40 percent of the debt owed by students through the Federal Family Education Loan Program (FFELP); Sallie Mae has only 15 percent of its borrowers enrolled into the Income Based Repayment Program. That…
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