debt Archives - Page 20 of 20 - Student Debt Diaries

Choosing the Right Medical School: Why Minimizing Student Debt Is Not the Whole Story

April 5, 2018March 11, 2022 Adam RothmanChoosing Schools, Guest Articles

In my last article, I discussed the various considerations one must assess when selecting the ideal college (if you have not read my last article…shame on you! Drop everything and take a look). This time around, I will talk about the decisions I made when choosing a medical school, and how I tried to reduce the amount of student debt I borrowed along the way. As stated before, I am not an expert in this… Continue Reading Choosing the Right Medical School: Why Minimizing Student Debt Is Not the Whole Story

An Introduction to Choosing Schools That Will Minimize Your Student Debt

April 2, 2018April 2, 2018 Jordan RothmanChoosing Schools

This website has already discussed numerous strategies that can be used to pay off student debt. Indeed, the blog has related a number of ways to boost your income and decrease expenses so that the most money possible can be devoted to student loans. Furthermore, the website has also discussed repayment tactics that can be implemented so that you can pay off your student loans in the most strategic way possible. However, this website has… Continue Reading An Introduction to Choosing Schools That Will Minimize Your Student Debt

How to Decide If You Should Refinance Your Student Loans

March 26, 2018March 10, 2022 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

Every student debt borrower has likely heard about refinancing options at one point or another. Indeed, many companies advertise refinancing programs on the internet, and you’ve probably even seen a few of these advertisements on this website. In addition, we all likely know someone who has refinanced their student loans, and I am sure many of you have already considered whether you should refinance your student debt. I personally did not refinance my student loans… Continue Reading How to Decide If You Should Refinance Your Student Loans

How to Pay Off Student Loans Without Alienating Friends

March 19, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

This website has already discussed how paying off student loans can strain personal relationships. And it is true that student loans can limit the amount of resources one has to socialize with friends. In addition, even talking about student loans with friends and acquaintances can alienate people, since student debt is one of those sensitive topics that can create tension. As I previously mentioned, during my student debt repayment saga, I was absolutely obsessed with… Continue Reading How to Pay Off Student Loans Without Alienating Friends

Choosing the Right College: From Financial Aid to Future Job Prospects

March 15, 2018March 11, 2022 Adam RothmanChoosing Schools, Guest Articles

In my introductory article, I provided a quick synopsis of my student debt story. In my next few articles, I will delve deeper into the topics mentioned in my first post. This article discusses the decisions I made when choosing where to attend college. I am by no means an expert on financial aid, and so to supplement my story, I suggest that you use a little thing called Google. The point is, choosing an… Continue Reading Choosing the Right College: From Financial Aid to Future Job Prospects

How to Decide If You Should Invest Available Money or Pay Off Student Loans Early

March 12, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

Invest Free Money or Pay Off Student Loans

This website has already discussed certain situations in which it does not make sense to pay off student loans early. In addition, the website has also explained how sometimes it is not wise to pay off student loans even though you may have money available to devote to student debt. Of course, if you can make more money investing cash than the interest that would be offset from paying off student loans early, it is… Continue Reading How to Decide If You Should Invest Available Money or Pay Off Student Loans Early

How to Maximize the Tax Benefits of Paying Off Student Loans

March 5, 2018March 5, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

This website has already discussed some of the tax implications of working side-hustles to pay off student loans. Of course, it is inevitable that the “tax man” will take much of the cash you make from part-time gigs, even though you devote this money to student debt. However, there are a few tax benefits to paying off student loans. It is important to keep these tax considerations in mind while paying off student debt, since… Continue Reading How to Maximize the Tax Benefits of Paying Off Student Loans

How to Decide If Income-Driven Repayment Plans Are Right for You

February 26, 2018June 13, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

This website has already discussed ways that individuals can pay off their student loans early by earning extra money and cutting expenses to save additional cash. However, for many student debt borrowers, it might not make sense to pay off student loans early. Indeed, the availability of income-driven repayment plans means that individuals can eventually have their student debt forgiven after a period of timely payments. I never seriously considered income-driven repayment plans during my… Continue Reading How to Decide If Income-Driven Repayment Plans Are Right for You

An Introduction to Adam’s Student Debt Story

February 22, 2018March 11, 2022 Adam RothmanGuest Articles, Introductory Articles

For those of you who do not know me, my name is Adam, and I am one of Jordan’s brothers. Like Jordan, I borrowed student loans to earn my undergraduate and graduate degrees. After eight years of college and medical school, I definitely accumulated my fair share of student debt. While my brother Jordan was able to eliminate all of his student debt in a few short years through strategies discussed on this website (yay… Continue Reading An Introduction to Adam’s Student Debt Story

How to Decide Which Debts to Pay Off Before Student Loans

February 19, 2018February 19, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

For many people, student loans are just one type of debt that a person has. Indeed, numerous individuals have credit card debt, car loans, mortgages, and other types of debt that need to be handled in addition to student loans. It is oftentimes difficult to determine how best to pay off student loans while also dealing with these other types of debt. Of course, the best strategy is to minimize any debt you have in… Continue Reading How to Decide Which Debts to Pay Off Before Student Loans