COVID-19 Archives - Student Debt Diaries

Colleges May Go Bankrupt Because of COVID-19

June 1, 2020June 1, 2020 Jordan RothmanChoosing Schools

Prior articles on this website have already discussed how student debt borrowers and the general public are adapting to meet the challenges of COVID-19. Indeed, this website has noted how students may wish to forgo enrolling at certain schools for the time being, since many campuses will be closed for the foreseeable future, and courses can be completed remotely at cheaper institutions. Many commentators have begun to discuss the financial challenges this situation may pose… Continue Reading Colleges May Go Bankrupt Because of COVID-19

Saving Money While Searching for Jobs

May 25, 2020 Jordan RothmanSaving Money

The ongoing COVID-19 pandemic has had an extremely negative effect on the economy, and has had an especially disruptive impact on the job market. Indeed, millions of people have lost their jobs over the past few months, and the current unemployment rate has not been seen in many decades. Because of the economic climate, many people are currently hunting for jobs, but it can be difficult to search for jobs while saving money, especially if… Continue Reading Saving Money While Searching for Jobs

Saving Money While Studying for the Bar

May 18, 2020May 18, 2020 Jordan RothmanSaving Money

As I can attest to from personal experience, law school is insanely expensive. Indeed, law students typically need to spend hundreds of thousands of dollars on tuition costs, books, housing expenses and other fees to earn a law degree. However, even after graduating from law school, attorneys-to-be need to spend even more money to pay for course materials and living costs in order to prepare for the bar exam. However, by keeping a few things… Continue Reading Saving Money While Studying for the Bar

Holding off on College Because of COVID-19

May 11, 2020 Jordan RothmanChoosing Schools

The ongoing COVID-19 pandemic has greatly impacted most college and graduate students. Many college campuses are currently closed, and students have been forced to participate in classes online. In addition, numerous schools have adjusted grading policies and other procedures to deal with the ongoing pandemic. Given the current environment, holding off on college because of COVID-19 may be a desirable strategy for many students. I recently read a New York Times article that discussed holding… Continue Reading Holding off on College Because of COVID-19

Asking Colleges for Refunds Because of COVID-19

May 4, 2020May 4, 2020 Jordan RothmanChoosing Schools, Repayment Strategies

Almost everyone in the United States has been impacted by COVID-19. Indeed, many people know someone who has been ill with the disease, and millions of Americans have lost their jobs because of the current economic downturn. College students have also been negatively impacted by the ongoing pandemic, since almost every college campus is currently closed, and classes have moved online. In light of the current environment, asking colleges for refunds because of COVID-19 seems… Continue Reading Asking Colleges for Refunds Because of COVID-19

Dealing With Salary Cuts Because of COVID-19

April 27, 2020 Jordan RothmanEarning Extra Money, Saving Money

This website has already posted a number of articles about how student debt borrowers and the population at large have been impacted by COVID-19. Indeed, many people have been laid off or furloughed, and this has impacted their ability to pay off student debt and cover their living expenses. Many people have also had their income decreased because of the ongoing pandemic, and dealing with salary cuts because of COVID-19 can be easier if you… Continue Reading Dealing With Salary Cuts Because of COVID-19

Going to Graduate School Because of COVID-19

April 20, 2020April 20, 2020 Jordan RothmanRepayment Strategies

As this website has discussed in prior articles, COVID-19 has impacted many student debt borrowers and the population as a whole. Indeed, numerous people have been laid off because of the ongoing pandemic, and job prospects are poor for many graduating students and individuals at the beginning of their careers. Some folks may wish to ride out the economic uncertainty by enrolling in graduate school, but going to graduate school because of COVID-19 is not… Continue Reading Going to Graduate School Because of COVID-19

Dealing with Unemployment Because of COVID-19

April 13, 2020April 13, 2020 Jordan RothmanRepayment Strategies

As mentioned in several prior articles, many student debt borrowers have been substantially impacted by the ongoing COVID-19 pandemic. Numerous workers have had their hours cut due to the crises, and some employees have been furloughed and even laid off. Nevertheless, by keeping a few things in mind, dealing with unemployment because of COVID-19 can be a little easier. It should first be noted that this website has already published articles discussing how student debt… Continue Reading Dealing with Unemployment Because of COVID-19

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

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