Do You Want to Pay Off Your Student Loans?

According to the Project on Student Loan Debt: Seven in 10 college graduates (71%) finish school with an average of $29,400 in student loan debt. Articles in this category answer your questions about paying off student loans, student loan consolidation and related topics.

Last Updated 28th August, 2014   Student loan repayments are increasingly taking a big financial toll on many U.S. households.   Americans now owe $1.2 trillion in student loan debt, and the average college graduate from the Class of 2014 has about $33,000 in student loans.   Unfortunately, more than one in eight outstanding student […]

Last Updated 18th August, 2014   You may have taken out a student loan several years ago, but have you ever wondered how it affects your credit score? In the eyes of a lender or creditor, a student loan is another debt but the financial ramifications of a student loan on your credit score are […]

Last Updated 15th June, 2014 Seven out of 10 college graduates in the U.S. have student loans, and if you’re one of them – or if you’ll need to borrow soon for higher education – you should know your loan options.   In the student loan market, there are two main types of loans: federal […]

Last Updated 11th June, 2014 New student loan legislation signed by President Barack Obama will lower borrowing costs for millions of Americans with college debt.   The President signed an executive order that expands a 2010 law that allows borrowers to cap their federal student loan repayments at 10% of their income. Among the provisions […]