Before you go off to college, you’ll have to make many important decisions regarding your student loans. After you’ve determined what type of plan you’re going to move forward with, you’ll move on to basic, mechanical decisions about the plan’s implementation. How long will your repayment period be? Will you pursue loan forgiveness? And, perhaps …

Starting your search for student loans can be a daunting task, but it’s a good feeling when you’ve found your first. Here are 4 tips to finding that loan. Think About Federal vs Private Loans Your first stop in the student loan process should be the FAFSA or the Free Application for Federal Student Aid. …

Student loans are that one little thorn in your side that frustrated you after you graduate. Like it or not, you must find a way to make those payments or you will pay for it by way of accrued interest, larger payments, and damaged credit history. So how do students save money on loans as new …

Senior year with taking the ACT or SAT, possibly working a part time job, and applying for colleges can be a very stressful time. On top of all this, it’s time to start applying for financial aid. Thankfully, there are at least a few ways to de-stress this student loan process. Start Early The best …

For the most part, after you accept a student loan, you won’t have to connect with the lender very often. However there are a few times that contacting them will be absolutely necessary. Here are a few examples of times you should connect with your student loan lender. To Change Contact Information Changing or updating …

You’ve graduated and are looking forward to life on the outside, and of course that long-awaited financial freedom. But the reality is, if you’ve taken student loans to fund your college education, the path to financial freedom is paved with student loan repayments. For the first few years after you graduate, most of the money …

When looking over your student loan offers, there will be a few numbers to look out for. The main one is the principle loan amount, which is the amount the lender is willing to give you. However, just as important is the APR or interest rate. But how do you know what a “good” interest …

There are a lot of things to consider before accepting a student loan, including the amount, the type, and the APR. However, what does APR mean when it comes to student loans? What is APR? APR stands for Annual Percentage Rate and refers to the percentage of interest you will pay on a loan per …

You’ve heard the surprising statistics: over 44 million Americans are in debt due to student loans. That’s over 13% of the nation’s population! The number is scary, for sure, but it’s important to keep it in perspective. Just because an individual is in debt doesn’t mean it’s something they can’t recover from. In fact, although …

What exactly is a ‘good income”? If you have a student loan that you are still paying off, a good income is one that allows you to make your loan payments comfortably every month while still leaving a substantial amount to cover all your necessities as well as some luxuries. While you have earned the right …