Jordan Rothman, Author at Student Debt Diaries

Student Loan Relief Because of COVID-19

April 6, 2020 Jordan RothmanRepayment Strategies

As many people are already aware, on March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act, also known as the “CARES” Act. This law provides for economic relief to American businesses and residents, and it is the largest government stimulus package ever passed by Congress. In addition, the CARES Act includes a great deal of student loan relief because of COVID-19. Legislators understand that student debt borrowers have been substantially impacted… Continue Reading Student Loan Relief Because of COVID-19

Saving Money While Quarantining at Home

March 30, 2020March 30, 2020 Jordan RothmanSaving Money

The ongoing COVID-19 pandemic has impacted almost every part of daily life for many individuals. Indeed, most people are currently confined at home in order to help slow the spread of the virus and to ease overburdened healthcare systems. Furthermore, many people are being forced to work remotely because numerous offices have been shuttered due to the pandemic. However, saving money while quarantining at home is possible in a variety of circumstances, and the money… Continue Reading Saving Money While Quarantining at Home

Earning Extra Money While Quarantining at Home

March 23, 2020 Jordan RothmanEarning Extra Money

Pretty much everyone in the United States has been profoundly impacted by the ongoing COVID-19 pandemic. Many individuals are required to work from home, and some people have lost their jobs altogether. In addition, many individuals are staying at home except in rare circumstances in order to slow the spread of COVID-19. However, if you keep a few things in mind, earning extra money while quarantining at home because of COVID-19 is possible in a… Continue Reading Earning Extra Money While Quarantining at Home

Summer Jobs Can Help With Student Loans

March 16, 2020 Jordan RothmanEarning Extra Money

This website has already discussed how students can work a number of part-time jobs in order to earn money and lower the amount of student debt that is needed to obtain a degree. Indeed, I worked a variety of part-time jobs during the academic year in order to earn extra scratch as a student. However, summer jobs can help with student loans as well, since they may help students earn extra money that can be… Continue Reading Summer Jobs Can Help With Student Loans

Dealing With Depression from Student Loans

March 9, 2020March 9, 2020 Jordan RothmanRepayment Strategies

As many student debt borrowers can attest to from personal experience, student loans can dampen your mood. Indeed, student debt is like a shackle for many student loan borrowers that keeps them from achieving their goals, and may keep some individuals from reaching happiness in their lives. Nevertheless, there are some things you can keep in mind when dealing with depression from student loans. Let me first say at the onset, that I do not… Continue Reading Dealing With Depression from Student Loans

Going to College Just for the College Experience

March 2, 2020March 2, 2020 Jordan RothmanChoosing Schools

This website has already discussed how student loan borrowers can face a number of issues after debt-financing their college educations. As a result, prospective college students need to make careful decisions about whether to go to college and what they should study once they are in college. However, going to college just for the college experience is sometimes appropriate, and college may be worth the cost even if you do not explicitly train for your… Continue Reading Going to College Just for the College Experience

Crowdfunding Student Debt Repayment

February 24, 2020 Jordan RothmanRepayment Strategies

I have heard of some nontraditional ways of paying off student loans since I began Student Debt Diaries over two and a half years ago. Some have paid off student loans by winning the lottery, and others have seemingly paid off student loans through bankruptcy. Recently, I was perusing my social media, and I discovered someone who had set up a crowdfunding page aimed at paying off his student loans. Although crowdfunding student debt repayment… Continue Reading Crowdfunding Student Debt Repayment

Dealing with a Different Student Loan Servicer

February 17, 2020February 17, 2020 Jordan RothmanRepayment Strategies

As many student debt borrowers already know from first-hand experience, a number of companies are involved with student loans. Normally, there is a lender, which is usually the government or a private bank. Then, there is a student loan servicer that manages the debt and oversees the repayment of this money. Although some banks may service student loans in house, most student debt borrowers need to contend with third-party student loan servicers. It is not… Continue Reading Dealing with a Different Student Loan Servicer

Invest Available Money Whenever Possible

February 10, 2020February 10, 2020 Jordan RothmanRepayment Strategies, Saving Money

This website has previously discussed how student debt borrowers, and pretty much everyone else, should save money for emergencies. It is important to have some cash stashed away in case you are laid off, face medical issues, or experience a number of other problems in your life. Most experts advise individuals to put six months of living expenses aside for emergencies, but this does not all need to be in cash. Indeed, individuals should invest… Continue Reading Invest Available Money Whenever Possible

PhD Programs Without Funding Are Usually a Bad Idea

February 3, 2020 Jordan RothmanChoosing Schools

Earning a PhD requires a huge commitment. Indeed, it typically takes four or more years to earn a doctorate degree, and most programs require candidates to complete lengthy dissertations in order to earn their degrees. Furthermore, candidates must often forgo lucrative opportunities in order to pursue their PhD degrees. Given all of the sacrifices that PhD students make, it is important to recognize that PhD programs without funding are usually a bad idea. Most people… Continue Reading PhD Programs Without Funding Are Usually a Bad Idea