Over 40 million Americans have student loan debt, and the average balance people owe is hovering just below $30,000. With $1.2 trillion in outstanding student loans in the United States, it is …
When Your Loan Transfers to A New Servicer
Sometimes people with student loans, mortgages, and auto loans get a letter in the mail that their loan has been transferred to a new lender. This can be a surprising letter to receive in the mail, …
Continue Reading about When Your Loan Transfers to A New Servicer →
PPP010: How to Pay off Student Loans
This week an anonymous reader asked about how to best pay off her student loan debt. My response is useful for anyone looking to knock out debt quickly. If you have student loans, this is a must …
Continue Reading about PPP010: How to Pay off Student Loans →
How to Manage Student Loan Payments when Self-Employed
One of my biggest trepidations with quitting my job, was the fact that I am still in debt. Giving up the consistency of a 9-5 with a regular paycheck seemed absolutely crazy. I gave up the regularity …
Continue Reading about How to Manage Student Loan Payments when Self-Employed →
Your Student Loans Are Killing You
Most of us grew up believing that the path to a high paying career started with earning a college degree. But for many, earning a college degree comes at a stiff price. Instead of leading to a high …
5 Things You Need to Know Before Saying Yes to Student Loans
Student loans are sometimes a necessary evil. I would not have been able to attend college without them. Even so, they should be taken seriously, and you should know what you are getting into before …
Continue Reading about 5 Things You Need to Know Before Saying Yes to Student Loans →
PPP002: Pay off Debt or Save for Retirement?
Thanks to listener Erin for asking our first audio question for episode two of the Personal Profitability Podcast. She asks if she should pay off her student loans first before she starts saving for …
Continue Reading about PPP002: Pay off Debt or Save for Retirement? →
Should Student Loans Delay Buying a Home?
Our world is in constant motion today, which means things are always changing, some for the good and some for the bad. Technology is taking off like a rocket, allowing almost all of us to have the …
Continue Reading about Should Student Loans Delay Buying a Home? →
How to Avoid Wage Garnishment
One unfortunate side effect of not paying off debt – or not being able to pay off debt – is that your hard earned wages can be garnished. This means that a percentage (up to 25%) of your paycheck can …
College Student Loan Providers
As fall begins, students around the country are heading back to school. Just this week, my sister had her first day in medical school. (Proud, gushing brother) My sister, and many millions of others, …
