Prioritize Student Loans Over Retirement Savings

Prioritize Student Loans Over Retirement Savings

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

Paying Medical Costs as a Student

Paying Medical Costs as a Student

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?

Celebrate Paying Off Student Loans

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

Getting Student Loans in a Hurry

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

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

Should You Ever Give Up Paying Off Student Loans?

If you don't pay off student loans

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?

Staying on Campus During Vacations to Save Money

Staying on Campus During Vacations

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

Save Money Like a College Student

Save Money Like a College Student

I recently visited my undergraduate alma mater for the first time in a while, and the experience brought back a flood of memories. I interacted with a bunch of students while on campus, and I remembered what it was like to be a college student myself. Meeting up with college students, and remembering what it was like to be an undergraduate, made me realize how student debt borrowers can save money like a college student… Continue Reading Save Money Like a College Student

Investing to Pay Off Student Loans

Investing to Pay Off Student Loans

This website has already discussed how earning extra money is critical to paying off student loans. The more money you have, the more resources you possess at your disposal to take care of living expenses and devote money to student debt. Prior articles have discussed how individuals can work a number of side-hustles to earn extra money, and part-time work can increase the amount of money you have to pay off debt. However, if you… Continue Reading Investing to Pay Off Student Loans

Middle-Class Borrowers Have Less Financial Aid Choices

Middle-Class Student Loan Borrowers

This website has previously discussed how students can obtain financial aid in order to minimize the amount of debt they borrow to earn a degree. As already discussed, students can usually apply for institutional financial aid at the schools they attend, and outside scholarships and grants are also available for qualified students. However, middle-class student loan borrowers often have less financial aid options, and they usually have to make the most difficult choices when it… Continue Reading Middle-Class Borrowers Have Less Financial Aid Choices