Jordan Rothman, Author at Student Debt Diaries

Prioritize Student Loans Over Retirement Savings

January 27, 2020 Jordan RothmanRepayment Strategies

As this website has already discussed at length, student loan borrowers often have a number of financial responsibilities and limited resources to satisfy these obligations. Indeed, student debt borrowers need to devote substantial funds to student loans each month, and also need to pay for living expenses, housing costs, and other expenses. In addition, as we all know, people should save money for retirement so that they will be able to enjoy a comfortable life… Continue Reading Prioritize Student Loans Over Retirement Savings

Dealing with Medical Costs and Student Loans

January 20, 2020 Jordan RothmanRepayment Strategies, Saving Money

This website has already discussed how students may have a difficult time paying for medical costs, since they have little disposable income. Of course, medical expenses may impose an unexpected hardship on people, and students are oftentimes affected the most by medical expenses because they do not have steady income. In addition, dealing with medical costs and student loans can be especially difficult for many student debt borrowers. However, by keeping a few things in… Continue Reading Dealing with Medical Costs and Student Loans

Paying Medical Costs as a Student

January 13, 2020 Jordan RothmanSaving Money

As this website has previously mentioned, current students and individuals grappling with student loans often have limited disposable income. Since students do not have jobs, and people paying off student debt need to devote large sums of money each month to their loans, it might be difficult for these individuals to pay for a variety of life necessities. However, if you keep a few things in mind, paying medical costs as a student can be… Continue Reading Paying Medical Costs as a Student

Should You Celebrate Paying Off Student Loans?

January 6, 2020 Jordan RothmanRepayment Strategies

As mentioned in the first article on Student Debt Diaries, paying off student loans was one of the biggest accomplishments of my life. This feat was the culmination of years of sacrifice and toil, since I had to save money in insane ways and work several side-hustles to pay off my student loans. As a result of this crucible, I justifiably wanted to celebrate paying off student debt in order to reward myself for accomplishing… Continue Reading Should You Celebrate Paying Off Student Loans?

Getting Student Loans in a Hurry

December 30, 2019 Jordan RothmanAdvice for Parents, Choosing Schools

Anyone with student loans understands how the process of obtaining student debt is extremely complicated. Not only do student debt borrowers typically have to complete financial paperwork with their schools, but they have to submit paperwork with student loan lenders as well. Sometimes people need to secure student loans on short notice because they just got admitted to a program or their circumstances change. However, if you keep a few things in mind, getting student… Continue Reading Getting Student Loans in a Hurry

Wealthy People Shouldn’t Feel Guilty About Student Debt

December 23, 2019 Jordan RothmanAdvice for Parents, Choosing Schools

Wealthy People Shouldn't Feel Guilty About Student Loans

Student debt is a burden that is faced by millions of Americans. However, some people are able to obtain their degrees without needing to borrow student loans. Many students receive academic and athletic scholarships, and some universities ensure that all students will graduate debt free despite their financial background. In addition, some people do not need to borrow student loans because their parents are fully paying for their educational costs. Although such individuals may feel… Continue Reading Wealthy People Shouldn’t Feel Guilty About Student Debt

Earning Extra Money from Freelance Writing

December 16, 2019 Jordan RothmanEarning Extra Money

This website has already discussed a number of ways that student debt borrowers can earn extra money so that additional cash can be devoted to student loans. While paying off student debt, I worked as a tutor, found ways to earn extra money from my main job, and took other steps to increase my income from side-hustles. After I paid off all of my student loans, I began a career as a blogger and freelance… Continue Reading Earning Extra Money from Freelance Writing

Should You Ever Give Up Paying Off Student Loans?

December 9, 2019 Jordan RothmanRepayment Strategies

As many people with student loans understand from firsthand experience, paying off student debt is extremely difficult in certain situations. Many student loan borrowers need to fork over an insane amount of money every month to make payments, and a substantial minority of borrowers have more than six figures of student loan debt. Unless borrowers enter certain fields and earn enough money, it can be nearly impossible to pay off student loans along with other… Continue Reading Should You Ever Give Up Paying Off Student Loans?

When You Should Get an LLM Degree

December 2, 2019 Jordan RothmanChoosing Schools

As many people already know, law school is extremely expensive, and students typically need to borrow hundreds of thousands of dollars to earn their law degrees. It might be difficult to think about any further education after receiving a law degree, since law graduates are usually saddled with an insane amount of debt. However, law students can obtain further degrees in law, and one such credential is an LLM degree. Since these degrees are typically… Continue Reading When You Should Get an LLM Degree

Staying on Campus During Vacations to Save Money

November 25, 2019 Jordan RothmanSaving Money

This website has already discussed a number of strategies that students can use to save money and minimize the amount of student debt they borrow to earn their degrees. Sometimes, certain cost-reduction strategies can not only lower your expenses, but also have significant academic benefits as well. From my own experience, staying on campus during vacations may not only help students reduce their costs, but can also help students boost their grades and make social… Continue Reading Staying on Campus During Vacations to Save Money