Below you'll find a list of all posts that have been tagged as “Money Saving Tips”
On Friday, March 13, President Trump announced that he was pausing student loan interest “until further notice” to help support a slumping economy. At this point, many of the details are still being worked out. The Department of Education is awaiting instructions from the White House while the nine federal …
Editor’s Note: This article has been updated on March 14, 2020, to include information about President Trump’s plan to pause all interest on federal student loans. Coronavirus is, first and foremost, a major health and safety concern. On a daily basis, new cases of the life-threatening disease are reported in …
Smart borrowers are always looking for opportunities to save money on student loan payments. One common reader question looks something like this: I owe $15,000 on my student loan. If I’m able to pay my lender a lump sum of $10,000 now, is there a way to get them to …
There is a debate about who should be expected to pay for Parent PLUS loans. Those looking at things from a moral standpoint might reach a different conclusion than those looking at it from a legal point of view. What isn’t up for debate is the fact that paying off Parent …
Setting up an automatic monthly debit for student loans is usually a relatively simple process with most lenders. Many even offer a slightly reduced interest rate as an incentive for auto-debits. Is giving a student loan servicer the authority to auto-pay student loans a good idea? In many cases, automatic …
There may be some debate about the severity of the student loan crisis, but what isn’t up for debate is the fact that student loans are becoming a serious issue for many Americans. As people learn the dangers of student debt, it is logical to ask: could paying for college …
For some, the question is do I take out student loans to pay for the top-ranked school or do I accept a full-ride at a state school. For others, the question is do I pay full tuition at the local university or save money by going to a community college. …
I’ve been helping people with their student loans since 2013. Of the thousands of borrowers I’ve come across, only a handful have been worried about their loans while they still are in school. To put it bluntly, many people spend their time in school creating student loan problems, and then …
Confession Time: For over five years this site has largely ignored two steps that can be taken that would help people dramatically reduce their student debt. To be fair, the things that we focus on, such as careful tax planning, finding ways to lower interest rates, and pursuing student loan …
Spending time at the local library won’t make your student loans disappear overnight. However, it will help borrowers struggling with student debt in a number of different ways. Not only is the local library free, but it is an excellent resource in eliminating student loans. The many wonderful services of …
