The Effects of Student Loan Debt on College Graduates

It’s June and it seems like graduation season is in full swing. In the mean time, student loan debt is on the rise and is currently more than $1.16 trillion dollars, exceeding credit card debt in the United States by $305 billion. There seems to be a domino effect that this enormous debt has on […]

|

Simple and Effective Ways to Pay Student Loans Faster

Education is indeed very important in each person’s life. But sad to say, not all people can afford to pay for school expenses. Good thing numerous financial aids have become available these days. In this article, we’re going to talk about student loans. As you know, they are designed to help students pay for university […]

|

What Is Student Loan Rehabilitation?

Last year, a major change was made to federal student loans that are already in default loan status. Borrowers that have defaulted on these loans can now apply for something called ‘Income-Based Default Rehabilitation.’ While this new law doesn’t excuse a total loan amount, it does provide a much needed break for the thousands of […]

|

Student Loan Consolidation and Settlement Simplified

Student loan consolidation and settlement is one of the hottest topics in the financial markets today. The main reason for this is that the national student loan debt (just in the Unites States) is over $1 trillion. What’s scarier is that the grand majority of the people who took out these loans didn’t get a […]

|