Being able to envision what it would be like to be free from debt can help motivate you to take the steps necessary to make it a reality. For many, debt is a way of life. Or rather, it has … Read More … Read More
student loans
The American Rescue Plan diffuses a student loan tax bomb
How to take advantage of a student loan payment freeze
During the student loan payment and interest freeze, if you are able to make payments now, you’ll have a much greater impact on your loans. A lot of the benefits that were passed to ease the crisis for people dealing … Read More … Read More
Why not refinance your student loans with SoFi?
Congratulations! Student loan debt in the U.S. has reached $1.5 trillion as of 2018. That’s a staggering sum, equivalent to $4,600 for every member of the population, including babies. If you exclude babies (and we will, but we shouldn’t let … Read More … Read More
Do you really want to pay your student loans off, or just pay less?
Everyone wants to pay off their student loans. I had loans for the 10 years after I graduated college, and I hated them every step of the way. But people seem to handle their student loans in a confused and … Read More … Read More
If you think you can get out of paying back your student loans, think again
Student loans are a big problem today. With the 68% of bachelor’s degree recipients graduating with student loan debt, and the average being $30,100 per borrower (in 2015), this feels like it’s no longer just “one of those things” a … Read More … Read More
Why not debt consolidation?
Would I have done college differently if I had wanted to avoid debt?
I’m annoyed when I think about debt. It’s a thing that I want to get away from, like a snoring person in the room, or a screaming baby on the plane. I want it gone. When I was in high school, … Read More … Read More
Is it a good idea to get your student loans forgiven?
Like approximately everyone, I graduated college with student loans. If there was a way to get my loans “forgiven”, no one told me. At the time, all I knew was that I had to either pay what I owed, pay interest … Read More … Read More
Financial cage match: Paying off student loans versus investing for retirement
Recently, I made the bold claim that those who have debt aren’t ready to start saving for retirement. I added some relaxing caveats, but I really wanted to put them in an order. Debt first, investing later. I don’t … Read More … Read More