Starting a Business While Paying Off Student Loans

Starting a Business While Paying Off Student Loans

Several prior articles on this website have already discussed how student loans can impede student debt borrowers from achieving numerous goals in life. Indeed, student loans can make it difficult to buy a home, save for retirement, and accomplish many other objectives. In addition, starting a business while paying off student loans is extremely difficult for a variety of reasons. As numerous student loan borrowers are already aware, student debt impacts the amount of capital… Continue Reading Starting a Business While Paying Off Student Loans

Parents Should Equally Help Children with Educational Costs

Parents Should Equally Help Children With Student Loans

Since founding Student Debt Diaries almost 18 months ago, I have received hundreds of emails from people across the country. Although most individuals who email me have student loans themselves, I also receive numerous messages from parents of children with student debt. Usually, parents reach out to me in order to discover ways that they can help their kids with student loans. However, a few parents have discussed their financial struggles and other issues that… Continue Reading Parents Should Equally Help Children with Educational Costs

Working a Part-Time Job During Law School

Working a Part-Time Job During Law School

As many people already know, law school and other graduate programs are very rigorous. The coursework required to earn most graduate degrees is extremely difficult, and graduate students typically have more responsibilities than undergraduates. However, from my own personal experiences, working a part-time job during law school or another graduate program can help minimize your student debt burden. While I was in college, I had a few part-time jobs. I gave tours for the admissions… Continue Reading Working a Part-Time Job During Law School

Hold off on Spending Money for as Long as Possible

Hold off on spending money

Many articles on this website have already discussed various strategies that can be implemented to save money so that additional cash can be devoted to student loans. Most student debt borrowers already know how cutting expenses can help individuals repay their student loans early, and saving money is perhaps even more important that earning extra cash for a variety of reasons. However, if you need to spend money while repaying student loans, it is important… Continue Reading Hold off on Spending Money for as Long as Possible

How Much Student Debt Is Too Much?

How Much Student Debt Is Too Much

Ever since I started Student Debt Diaries almost eighteen months ago, I have received hundreds of emails from individuals across the country. Many people want to know how they can earn extra money so that additional cash can be devoted to student loans. Other folks are interested in ways that they can cut expenses so that any savings can be used to pay down student debt. Numerous individuals have also asked me how much student… Continue Reading How Much Student Debt Is Too Much?

Living with Student Loans During Residency

Living with Student Loans During Residency

For most people who want to achieve their higher education goals, student loans are a necessary evil. This is especially true for those who choose to attend any form of graduate school, where scholarship opportunities and financial aid are typically harder to find. During my four years of college and my four additional years of medical school, I certainly accrued a vast amount of student debt. I will admit that during those eight total years… Continue Reading Living with Student Loans During Residency

Saving Money on Clothes While Paying Off Student Loans

Saving Money on Clothes While Paying Off Loans

This website has already discussed a number of strategies that should be employed to save money so that additional cash can be devoted to student loans. Indeed, saving money requires that student debt borrowers adopt certain mindsets and cut expenses so that savings can be used to pay down student loans. As touched upon in a prior article, saving money on clothes while paying off loans can have a huge impact on the amount of… Continue Reading Saving Money on Clothes While Paying Off Student Loans

Parents Can Help Their Kids Receive Financial Aid

Parents Can Help Their Kids Receive Financial Aid

Every student who wants to minimize the amount of money they borrow to attend college or graduate school should consider obtaining financial aid. As mentioned in a few prior articles, I received generous need-based financial aid while attending college and law school. This assistance helped me lessen the amount of money I had to borrow to earn my degrees. Through my experiences applying for financial assistance, I learned first-hand how parents can help their kids… Continue Reading Parents Can Help Their Kids Receive Financial Aid

Taking a Vacation While Paying Off Student Loans

Taking a Vacation While Paying Off Student Loans

This website has already discussed a number of strategies that student debt borrowers can employ to save money so that additional cash can be devoted to student debt. As mentioned in a few prior articles, I saved cash during my student debt repayment saga by not taking vacations. Because I never planned a traditional vacation, I pocketed thousands of dollars on flights, hotels, and all of the other costs associated with going on a vacation,… Continue Reading Taking a Vacation While Paying Off Student Loans

Being a Good Roommate While Paying Off Student Loans

Being a Good Roommate

This website has already discussed at length how student debt borrowers should cut expenses so that additional money can be devoted to student loans. And one of the biggest expenses that everyone has are housing costs. Although some people can reduce or eliminate this expense by crashing with their parents, many student debt borrowers need to find places of their own or bunk up with roommates. As I can attest to from firsthand experience, being… Continue Reading Being a Good Roommate While Paying Off Student Loans