Below you'll find a list of all posts that have been categorized as “Blog”
Before I was the Student Loan Sherpa, before I became an attorney, and before I even learned how to drive, I was Little Mike who worked the 5 AM shift at the local McDonald’s. My Start at the Golden Arches When I was 14 years old my parents insisted that …
When I started college I never thought I would be asked to teach sex-ed to a bunch of my peers, I never expected that my work would require me to learn to ice skate, and I never thought for a moment that I would be in a rock opera with …
It is no secret that paying back student loans can have a devastating effect on your budget. However, the effects can go far beyond a mere budget spreadsheet. For many, student loans and debt in general can be a great source of stress. One of the best ways to relieve …
On the Fourth of July we celebrate the anniversary of the signing of the Declaration of Independence. We also celebrate our founders, and for good reason. Their wisdom and insight have guided this nation for well over 200 years. If you have been a regular visitor to this site or …
With student loan interest rates set to double on July 1, the student loan debate has grabbed a lot of headlines. At this point in time both the Democrats and the Republicans seem to agree that action needs to be taken. Unfortunately, not everyone has come to the realization that …
Those who don’t learn from history are doomed to repeat it. In the world of student loans and higher education, we are seeing unprecedented college costs, debt levels, and delinquency rates. Though history does not offer much insight on this particular problem, lessons from the sub-prime mortgage crisis can certainly …
Our first Profile in Student Loans is Colleen. Colleen works full time as a social worker. On nearly a daily basis Colleen enters strange and possibly dangerous situations to help the most vulnerable of her community. It is a thankless job, but children in difficult situations need an advocate and …
For a brief period of time, I thought I had addressed all of my consolidation issues. My many smaller loans were all paid and I was left with one big giant loan at myfedloan. Then the letter came. I was informed that I had one month until my first bill …
Scam is a harsh term that gets thrown around a little too casually, especially on the internet. However, sometimes it is entirely appropriate. This is one of those times. A Brief History During the worst of the recent recession, banks were charging hefty overdraft fees when a consumer’s spending exceeded …
Problem Abstract: Much of the national discussion regarding student loan has centered on one type of federal loan. A broader approach is necessary. Goals: The price of college has escalated out of control and needs to be reined in. Borrowers and lenders alike need to be more responsible when it …
