Tag Archives: student loans

How I Survived College Financially

How I Survived College Financially

If you’ve read my post last week, then you know that I got into some credit card debt while in college. While I talked about working a summer job, I didn’t go into detail about the other ways I earned income throughout college. I thought that writing this might give some others that are in college (or even recent grads looking to earn a few extra dollars) a couple of ideas or at least start the creative thinking process begin. Continue Reading

New Plan To Pay Off Your Student Loans

New Plan To Pay Off Your Student Loans

Personally, I am a big fan of paying off your student loans as quickly as possible. I know that many argue the opposite, claiming the tax deductible nature of the interest you pay, but that tax write off isn’t 100% and not everyone even qualifies for the deduction. If you are in the camp that is against paying off your student loans as quickly as possible, or you simply cannot afford the standard repayment plan on your loans, there is good news. The government has approved a new Pay As You Earn plan. Continue Reading

Four Tips For College

Four Tips For College

College campuses will be filling up in the next few weeks as classes soon begin. Regardless of what year you are, below are four tips to help navigate you through your college career. While they may not seem very important at the time, they have a profound effect on your future. Continue Reading

7 Ways To Pay Off Your Student Loans Quickly

7 Ways To Pay Off Your Student Loans Quickly

I am an advocate of paying off your student loans quickly. With the average graduates student loan bill coming in around $24,000 many feel overwhelmed with the standard 10 year repayment plan. This post is designed to show you ways how you can make a big dent in your student loan balance and get rid of the debt quickly. Continue Reading

Pay off Your Student Loans

Whether you read through magazines or listen to personal finance experts, they all say the same thing: there is no rush to pay off your student loans. They will cite reasons such as tax-deductible interest and higher returns on your money by investing. I disagree with both. You should pay off your student loans as quickly as possible. Why? I’ll get to my reasons shortly. First, let me explain why the reasons the “experts” give are misleading. Continue Reading