Last Updated 31st August, 2014 One of the important parts of financial planning involves dealing with your child’s current or future college expenses. Even though you want your child to avoid dealing with the stress of heavy student loans right out of college, you also don’t want to make too many sacrifices that would obliterate your […]
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 […]