credit Archives - Page 4 of 8 - Student Debt Diaries

Tips for Applying for Financial Aid

June 15, 2020 Jordan RothmanChoosing Schools

Financial aid is an important part of lowering education costs and graduating from school with as little student debt as possible. As discussed in several prior articles, I received generous need-based financial aid to attend college and graduate school. Although many people do not qualify for financial aid due to their families’ financial background, financial aid can be a critical lifeline for many students. After reflecting on my own experiences with financial aid, there are… Continue Reading Tips for Applying for Financial Aid

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

Saving Money While Quarantining at Home

March 30, 2020March 30, 2020 Jordan RothmanSaving Money

The ongoing COVID-19 pandemic has impacted almost every part of daily life for many individuals. Indeed, most people are currently confined at home in order to help slow the spread of the virus and to ease overburdened healthcare systems. Furthermore, many people are being forced to work remotely because numerous offices have been shuttered due to the pandemic. However, saving money while quarantining at home is possible in a variety of circumstances, and the money… Continue Reading Saving Money While Quarantining at Home

Dealing with a Different Student Loan Servicer

February 17, 2020February 17, 2020 Jordan RothmanRepayment Strategies

As many student debt borrowers already know from first-hand experience, a number of companies are involved with student loans. Normally, there is a lender, which is usually the government or a private bank. Then, there is a student loan servicer that manages the debt and oversees the repayment of this money. Although some banks may service student loans in house, most student debt borrowers need to contend with third-party student loan servicers. It is not… Continue Reading Dealing with a Different Student Loan Servicer

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?

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?

Save Money Like a College Student

November 11, 2019 Jordan RothmanRepayment Strategies, Saving Money

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

November 4, 2019 Jordan RothmanRepayment Strategies, Saving Money

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