Below you'll find a list of all posts that have been tagged as “strategy”
In this edition of the Sherpa Mailbag, we will take a look at a very interesting student loan dilemma. For the next year, Tony may have an excellent salary, then he may be making a shift to a lower paying government position. He may be in the lower paying government …
Economists are finally coming around to the idea that student loans are preventing many Americans from starting a business. To those of us with student debt, this “revelation” is no surprise. The good news is that student loan borrowers don’t have to give up their dreams of starting a business. …
The dirty little secret of student loan debt is that there can be a very real penalty to getting married. Student loan forgiveness programs, such as Public Service Loan Forgiveness, require a borrower to enroll in an Income-Driven Repayment (IDR) Plan. The benefit of an IDR plan, is that borrowers …
American Education Services, usually called AES, is one the largest servicers of federal and private student loans in the United States. Many AES borrowers may face the question of whether or not they should refinance or consolidate their AES loans. In some cases the refinancing or consolidating can be an …
Typically when we write about student loan repayment strategy, we cover a wide range of situations. When a borrower is thinking about a repayment plan, things like marital status, retirement planning, and whether or not they want to buy a house all can enter the equation. Today we will throw …
Retirement plans such as 401(k)s are built on the notion that workers can set aside a bit of money from each paycheck and expect to live reasonably comfortable in retirement. An essential component of this plan is powered by compounding interest. A little bit of money saved in your 20’s …
When it comes to federal student loan repayment plans, there isn’t a plan that is definitively the best. Some plans work great in certain circumstances, while others excel under different conditions. Today we will take a deep dive into the federal student loan repayment plans and various options avaialble. For …
For borrowers that are neither wealthy nor poor, eliminating student debt can be difficult. Paying off student loans does not have to take decades. There are many strategies for middle income borrowers to erase student debt. The situation is difficult, but it can be managed. here are excellent resources out …
Student loan refinancing is a great way to turn a good credit score and income into lower student loan interest rates. Once borrowers experience the savings from a refinance or a consolidation, the temptation is to do it again and again. Going through the process for a second, third, or …
When this blog was first created, just over five years ago, my goal was to make student loan management just a bit easier. Figuring out how to deal with my law school debt was way more complicated than necessary, and I figured that I could post a few articles and …
