Private student loans should come with a warning label. For many borrowers, student loans are a necessary tool in the pursuit of the American dream. Used properly, student loans can be an excellent investment in the future. The problem with student loans is that things don’t always go as planned. …
Yes, Paying for College with a Credit Card can be a Smart Decision
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 …
Having Just One Student Loan Company is Overrated
Many student loan lenders like to sing the praises of working with one single company. To a certain extent, these lenders are right. Having all of your loans in one place is very convenient. It means just one bill to worry about each month. If you hit a hurdle, it …
Terms to Look for in Income Share Agreements
Income-share agreements are emerging as a popular alternative to student debt. The idea is more common in other countries but quickly gaining traction in the United States. Rather than borrowing a traditional student loan, income-share students agree to pay a portion of their income for a set period of time. …
Income Share Agreements Scare This Student Loan Expert
Income share agreements have quickly gone from an interesting idea to a real possibility for many college students. As someone who spends his time helping borrowers navigate student loan headaches and stand up to lenders, finding a better way to pay for college is a passion. However, I’m not ready …
Lessons I Learned Racking Up Over $100,000 in Student Loans
The money I spent getting my education is entirely unremarkable. Many students walk very similar paths every year. However, just because a route is common doesn’t mean it is a good idea. Looking back on my experience, it’s crazy how easy it was to get handed over $100,000. Because many …
The Guide to Planning and Paying for College
hen we think about college, it is often in the context of our dreams. Seeing a child reaching their potential can be a dream come true for a parent. Four years of hard work in high school can result in admission to a dream school for the student. Sending the …
Determining the Value of Your Education
With high tuition prices, college is not always a good deal. Student loans can be a mistake if used on a bad investment. There are several ways to evaluate the price of a school. Student Debt is No Longer “Good Debt” In the past, student loans were considered to be …