The cost of going to college can be overwhelming. With tuition fees, textbooks, and other expenses, it’s easy to see why so many students end up in debt. However, there’s one way to save money that often gets overlooked – living on campus. Living on campus isn’t always cheaper than living off campus, but it […]
Earnest is a private online lender that specializes in student loans and student loan refinancing. This popular fintech company offers competitive interest rates and flexible repayment terms to undergraduate and graduate students. Plus, it helps existing borrowers save money by refinancing their education debt. Earnest especially stands out for its nine-month grace period on student […]
If you attended medical school, you know the costs of tuition can be astronomical. Lots of medical students take on debt to pay for tuition. Among those who borrow, the Association of American Medical College estimates the median debt at graduation to be a whopping $200,000. Refinancing medical school loans can be a good strategy […]
If you’re a healthcare worker, you may have taken on significant student loan debt to pay for medical school. According to the Association of American Medical Colleges, the median student debt among medical school graduates who borrowed loans is $200,000. Fortunately, there are options for student loan forgiveness for healthcare workers. If you qualify for […]
If you’re like most students, you probably can’t cover your entire cost of college out of pocket. Student loans can help fill the gap, but you might be wondering, What do student loans cover, exactly? Well, you can use student loans for pretty much any expense you rack up as a student, including tuition, fees, […]
If you borrowed federal student loans for college, you’ve gotten a break from paying them since March of 2020. The government paused payments and interest on student loans in response to the Covid-19 pandemic. This emergency student loan forbearance has been extended nine times, but it’s probably coming to an end soon. In fact, you […]
If you owe $200,000 or more in student loans, paying off your debt can feel like an insurmountable task. Getting debt-free is possible, though, with a solid plan and determination. By creating a budget and exploring all your repayment options, you can chip away at that debt and work toward a balance of $0. Read […]
Are student loans automatically forgiven after 25 years? Well, it depends. On certain income-driven repayment plans, your student loan balance is forgiven after 25 years of on-time repayment. Other income-driven plans will let you off the hook in 20. And there are loan forgiveness programs that will cancel your debt even sooner. If you’re wondering […]
If you’re looking to pay off your student loans faster, there’s an easy hack to make it happen: paying student loans biweekly. That’s right, if you split your monthly payment in half so you’re making payments every two weeks, you’ll end up making one full extra payment each year. You won’t have to change your […]
Keeping up with student loan payments can be tough, especially if you’re working with a limited income. Although most loan servicers will give you 15 to 30 days to make up a late student loan payment, you don’t want your bills to go unpaid for long. If they do, your student loans could end up […]