Blog - List of Published Articles - Student Debt Diaries

Unpaid Internships Hurt Student Debt Borrowers

May 31, 2021May 31, 2021 Jordan RothmanRepayment Strategies, Saving Money

As many people understand from firsthand experience, students and recent graduates often need to complete unpaid internships during the school year and summers in order to build their resumes. Such unpaid internships may confer valuable experiences that can help the student during their job search later in their careers. However, unpaid internships hurt student debt borrowers, and employers should consider offering paid internships while interns should look for sources of funding. During my student debt… Continue Reading Unpaid Internships Hurt Student Debt Borrowers

Income-Share Agreements Can Help Pay for School

May 24, 2021May 24, 2021 Jordan RothmanChoosing Schools

The student loan landscape has not changed much over the past decade. Individuals who do not have financial resources to pay for school outright typically must borrow loans from government or private sources to cover educational expenses and then must pay back this debt. However, income-share agreements can help pay for school and are a novel new way to structure education financing. As such, more schools should consider this unique way of paying for college… Continue Reading Income-Share Agreements Can Help Pay for School

Minimizing the Impact of Transferring Schools

May 17, 2021 Jordan RothmanChoosing Schools

This website has previously discussed how transferring schools can impact your educational costs and student debt burden. Indeed, some schools offer financial aid to transfer students, and the cost of attending a new school may be significantly less than attending the school which a student originally attended. In addition, a new school may have a lower cost of living, which can impact your bottom line. Even though transferring schools can be a major life decision,… Continue Reading Minimizing the Impact of Transferring Schools

Middle-Class Students Fall Through The Cracks Sometimes

May 10, 2021May 10, 2021 Jordan RothmanRepayment Strategies

When people think of students who have the most issues with student loans, they likely think that low-income students face the most challenges. Indeed, low-income students often do not have relatives who can afford to help with educational expenses and this can lead to a high debt load among low-income students. Of course, high-income students have less to worry about when it comes to educational expenses because their parents can often assist with educational costs.… Continue Reading Middle-Class Students Fall Through The Cracks Sometimes

Living Off Campus to Save Money

May 3, 2021 Jordan RothmanSaving Money

College and gradate students encounter numerous costs and expenses while they pursue their degrees. Indeed, students often need to pay tens of thousands of dollars in tuition expenses and living costs needed to cover food and housing while they are a student. Although it might be more convenient to live on campus to be closer to class and other activities, living off campus to save money is a viable strategy in many instances. For the… Continue Reading Living Off Campus to Save Money

Risky Investments to Pay Off Student Loans

April 26, 2021 Jordan RothmanEarning Extra Money

It can be difficult for individuals with student loans to set money aside for investments. Indeed, student debt can cause financial pressure and much available money must be devoted to living expenses and paying off debt. Nevertheless, this website has discussed some less risky investments to pay off student loans that student debt borrowers may wish to pursue in order to create an additional income stream. Student debt borrowers may not want to invest in… Continue Reading Risky Investments to Pay Off Student Loans

Grad School Is More Important Than College

April 19, 2021 Jordan RothmanChoosing Schools

Some students know they will enroll in graduate school even before they enter college. This may be because individuals wish to enter certain fields that require a graduate school education or because they have an academic interest that they wish to pursue beyond college. In any case, grad school is more important than college in many instances, and individuals may wish to lower their undergraduate student debt to prepare for borrowing for graduate school. In… Continue Reading Grad School Is More Important Than College

Students Should Have Fun in College

April 12, 2021 Jordan RothmanChoosing Schools

Students Should Have More Fun in College

Student loans can make it more difficult to have fun in college. Individuals with student debt may not have the resources needed to take trips in college or spend money on other things that can make the undergraduate experience more fun. In addition, student loans can cause a substantial amount of stress, which can put a damper on the college experience. However, students should have fun in college for a variety of reasons even if… Continue Reading Students Should Have Fun in College

Getting More Comfortable with Investing

April 5, 2021 Jordan RothmanEarning Extra Money

Investing can be a daunting proposition for many people. Individuals may be scared of investing because they may think that they might make the wrong decisions and end up losing money. People may also not be too informed about the tools they can use to properly invest their money. However, investing is important to student loan borrowers because it is critical to make any money you have, whether it be in an emergency fund or… Continue Reading Getting More Comfortable with Investing

Becoming a Lawyer Without Law School

March 29, 2021March 29, 2021 Jordan RothmanChoosing Schools

As many people already know, law school can be very expensive. Indeed, law students often need to borrow enough money to pay for three years of tuition and expenses to attend law school, and this can cost hundreds of thousands of dollars. Some states permit individuals to take the bar exam and become lawyers without graduating from law school under certain circumstances. In many situations, becoming a lawyer without law school is not only possible… Continue Reading Becoming a Lawyer Without Law School