We all make mistakes. Particularly when we’re younger, we don’t think about the next 10, 20, or even 30 years down the road. We live in the now. We don’t plan for our future. If you’re reading this and you’re in your 20s, don’t turn away. We’re here to help you financially prepare for the […]
Paying back student loans is tough. Well, tougher than tough. For some after college, it can be next to impossible. We’ve written a lot about tips and tricks to repay your student loans, along with ways to keep your student loan debt under control. But if you’re a high school student or parent of a […]
At age 55, you start thinking about retirement, kicking up your feet, taking more vacations, playing lots of Sudoku and catching up on all those novels you’ve been meaning to read. Retirement is that time when you can start to enjoy the beautiful Los Angeles weather in the middle of a work day, when you’re […]
Student loans are hard enough to deal with when everything is aboveboard. Unfortunately, some programs aren’t entirely honest with their students. What happens when your school falsely advertises the programs it offers, misrepresents your job prospects, or uses unfair debt collection practices? Many students accused the for-profit Corinthian Colleges of doing just those things. Recently, a […]
Debtor’s prison isn’t supposed to exist anymore. We recognize as a society that it doesn’t make sense to incarcerate someone for paying back a debt – they’re certainly not going to be able to pay it back from prison. However, a disturbing new trends suggests that debtor’s prison may be making a sneaky comeback. Student […]
Paying back student loans isn’t easy. College grads are having a hard time finding high-paying jobs and those monthly student loan bills can be a real burden. With average loan balances over $30,000, frustrated borrowers are looking for solutions. That’s why some of them are leaving the country. Why Leave? If you have federal student […]
Student loan debt in the United States now exceeds $1.2 trillion – that’s more than the total amount of outstanding credit card debt! The average student with a bachelor’s degree has more than $30,000 in debt, and the average salary for graduates of the class of 2014 is just $45,000. In other words, student debt is […]
A recent Consumer Financial Protection Bureau report on student loan servicers found errors in thousands of student loan accounts. What Is A Student Loan Servicer? When you take out a student loan, the money is backed by the federal government and comes from a bank. The entity that actually lends the money is called the […]
College is expensive. Tuition itself is bad enough, but then you have to worry about fees, lab expenses, textbooks, and more. Of course, you also need someplace to live and something to eat. That adds up to a serious bill for your education. To make matters worse, the job market is still recovering from […]
Student loans have become one of the major buzzwords of the 2016 presidential race. Most candidates agree that something must be done to help struggling student borrowers, even if they don’t agree on much else. The Democratic party has been particularly vocal about the student debt problem, with candidates offering a variety of solutions to help […]
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