By Miranda Marquit It can be discouraging to look at your student loan balance. And when you see that huge number, it’s easy to become overwhelmed. You might be consumed with the idea of paying off all that debt before moving on with your life — and that includes investing for your retirement. Getting out of debt is one of the keys to financial independence. But if most of … [Read more...]
How Hard Will It Be to Repay Your Loans Based on Your Major?
If you're majoring in Psychology, you're likely aware that you will be making less once you graduate than someone who majored in Computer Science. But you might not be aware of how much more difficult it will be for you to repay your student loans than it will be for that Computer Science graduate. Thankfully, The Hamilton Project has created the Undergraduate Student Loan … [Read more...]
Ready. Set. Refi.
Got student loan debt from undergrad, graduate school, or both? If your answer is yes, then the next video in the Charisse Says series on Modest Money, “Ready. Set. Refi.”, is for you. It is nearly impossible to do all of the investing we have discussed in earlier blogs and episodes if you are in a significant amount of debt. So, I want to arm you with at least one solution to … [Read more...]
6 Student Loan Debt Forgiveness Options
Most of us are not fortunate enough to be able to pay for our education outright. If we are lucky, we can obtain a few scholarships to help offset some of the costs, but most graduates leave college saddled with student loan debt. For some recent grads, this means a frighteningly large amount of debt before they have even begun to start to establish themselves. The six-month … [Read more...]
LendEDU Review – A Must Read Before You Refinance Student Loans
Hey everyone, Jeremy here again for another review. As you all know, I love talking about different tools to use to better manage your personal finances. I’d like to share a cool new marketplace that you might like to check out. It’s called LendEDU. You may have seen them recently on Huffington Post or Forbes, but just in case you haven’t heard of them. LendEDU is a marketplace … [Read more...]
