Below you'll find a list of all posts that have been tagged as “Money Saving Tips”
There are many strategies to getting a lower interest rate on your student loans. Some strategies work well for struggling borrowers. Conversely, other strategies are best for those with a good job and credit score. Options exist to get lower interest rates on federal and private student loans. o matter …
Congratulations! You just graduated college. You discover that you don’t have to start paying back your student loans for six months. You’ve decided to use this magical grace period to treat yourself for a job well done. You’re going to use the money you would have used to make your …
Increasing student loan balances are a very real and very frustrating problem. We frequently receive emails from borrowers who have much larger balances on their debt than what they originally borrowed. This issue is so common that nearly half of all student loan borrowers have an increased balance after 5 …
It is time to expose a few student loan secrets. Student loans can be quite complicated. Between changes to the law, Department of Education policies, and private sector changes; staying on top of everything isn’t easy. As a result of the constantly evolving student loan system, borrowers often miss out on …
Shopping around for private student loans is essential. I say that as someone who is not a fan of private student loans. However, I recognize that each year families depend upon banks and lenders to pay for school. Because I accept this reality, I try to help borrowers make informed …
Dealing with multiple student loans in repayment can be overwhelming and scary. Fortunately, many resources make it easier to repay several lenders at the same time. Combine the right resources with a smart strategy, and most borrowers can reasonably expect to save thousands of dollars on their student debt. Some …
Federal student loans have the best repayment plans and options for student loan forgiveness. As a result, converting private student loans into federal loans can be a really smart idea. Unfortunately, there isn’t a simple procedure or mechanism to turn private loans into federal loans. Borrowers that wish to turn …
When I finished college, my first job paid $15 per hour. Repaying student loans seemed impossible. I knew I wasn’t going to be one of those people who eliminated their student debt in mere months. I was worried that I might never be able to pay back my loans. Fortunately, …
Many student loan resources are geared toward borrowers who are struggling. Repayment for those with a steady income and a good job presents its own unique set of challenges. Even though a high salary makes paying down student loans much easier, there are still plenty of opportunities for savings and …
Dealing with undergraduate student loans can be tricky during grad school. The transition from undergrad to graduate school often includes attending a new school, a break between classes, and employment changes. These adjustments can make managing student loans complicated. The good news for most grad students is that many of …
