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 […]
Read more >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 […]
Read more >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, […]
Read more >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 […]
Read more >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 […]
Read more >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 […]
Read more >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 […]
Read more >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 […]
Read more >Ready to take control of your student loan situation and refinance your student loans? Here are our recommendations for the best student loan refinance companies in 2020. We’re excited to offer you special Student Loan Gal deals of up to $200 off with most of these lenders! LendKey Earnest Laurel Road Credible SoFi Education […]
Read more >Federal student loans come with a number of flexible repayment plans — eight, to be exact. Unless you choose an alternative plan, your loans will automatically go on the standard 10-year plan, which will get you out of debt the fastest. But if you need more affordable payments, you could opt for an alternative plan, […]
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