credit Archives - Page 2 of 8 - Student Debt Diaries

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

Getting Off a Waitlist

March 15, 2021 Jordan RothmanChoosing Schools

As many people already know, a waitlist is for people who have not yet been admitted to an academic program, but who may be admitted at a later date depending on enrollment numbers. Individuals on a waitlist typically have nearly the right credentials to be admitted to a program, but space is limited because spots in a program have been offered to enough people who have not yet rejected an admission offer. Getting off a… Continue Reading Getting Off a Waitlist

Keeping Track of Your Credit Score

March 1, 2021March 1, 2021 Jordan RothmanRepayment Strategies

As most people know, a credit score is a measure of how credit-worthy credit bureaus deem you to be based on your income, debt, financial accounts, and other metrics. Individuals with student loans are often very curious to see how their credit score is performing because student loans can have an impact on your credit. I am old enough to remember when it was relatively difficult to ascertain your credit score, and it typically cost… Continue Reading Keeping Track of Your Credit Score

Building Credit During Student Debt Repayment

February 22, 2021 Jordan RothmanRepayment Strategies

Student loans can have an adverse impact on your credit score. Individuals with a substantial amount of debt may not be able to borrow additional loans since they may be deemed a credit risk who are unable to take on more debt. However, individuals paying off student loans often need to borrow money in order to pay for a car, purchase a home, or complete other transactions. So long as student debt borrowers keep certain… Continue Reading Building Credit During Student Debt Repayment

Reserving On-Campus Jobs for Needy Students

January 18, 2021January 18, 2021 Jordan RothmanEarning Extra Money

Most colleges have on-campus jobs available for students wishing to make extra money while they are in school. Depending on the university, such jobs may include working in the cafeteria, the mailroom, student events, or a number of other positions. Although some jobs are explicitly designated for students who qualify for the federal work-study program, other jobs are available to all students who may apply. However, reserving on-campus jobs for needy students is an important… Continue Reading Reserving On-Campus Jobs for Needy Students

Establishing Residency for In-State Tuition Discounts

January 4, 2021 Jordan RothmanChoosing Schools

Some colleges offer different tuition rates for students depending on if they reside within the state or from a location outside of the state in which a college is located. The reasoning behind this policy is that state funds are used to support some universities and so state residents, who presumably pay to support the school indirectly through taxes, should receive a discount on tuition. However, even if you are originally from out of state,… Continue Reading Establishing Residency for In-State Tuition Discounts

How Mortgages Are Different Than Student Loans

December 21, 2020December 21, 2020 Jordan RothmanRepayment Strategies

After repaying student loans, it might be difficult for student debt borrowers to feel comfortable about borrowing money for other purposes later in their lives. Indeed, after repaying student loans, I was debt-free for the first time in my adult life, and the feeling was amazing. However, after some research, I decided to borrow a mortgage in order to buy a home. For a variety of reasons, mortgages are different than student loans, and student… Continue Reading How Mortgages Are Different Than Student Loans

Picking a Repayment Plan

November 23, 2020November 23, 2020 Jordan RothmanRepayment Strategies

Many student debt borrowers have a variety of repayment plans they can choose from when repaying their student debt. Indeed, most student loan borrowers are put on a default repayment plan that usually requires them to pay off their student loans on a ten-year schedule. However, borrowers can sometimes choose to repay their student loans over twenty or even twenty-five years in certain situations. In addition, some repayment plans alter the amount of money owed… Continue Reading Picking a Repayment Plan

A Student Loan Bailout is Unlikely

November 16, 2020 Jordan RothmanRepayment Strategies

Over the years, there have been some discussions of a massive student loan bailout that would wipe out most or all of the student debt burdening millions of borrowers dealing with student loans. Indeed, I wrote an article on this topic a few years ago for another website, and I predicted that a student loan bailout would be fairly unlikely. I also wrote a similar article on this website a few years ago. Now that… Continue Reading A Student Loan Bailout is Unlikely

Juno Can Help with Student Loans

November 9, 2020November 14, 2020 Jordan RothmanRefinancing Student Loans

Student Debt Diaries has promoted a variety of organizations within the student loan community since the website was launched over three years ago. I recently had a discussion with folks at Juno, a company that is part of the student loan refinancing space. For a variety of reasons, Juno can help with student loans, and student debt borrowers should check out this company in order to seek assistance with their student debt. The main way… Continue Reading Juno Can Help with Student Loans