financial aid Archives - Student Debt Diaries

Student Debt Issues of First-Generation Students

December 20, 2021 Jordan RothmanIntroductory Articles

Many people who attend college have had someone in their family attend college before them. It is of course easier for people to make life choices if someone they trust made similar decisions before them because these trusted people can provide advice and guidance on how to proceed. However, there are student debt issues of first-generation students about which people should be aware so that they can help ensure that first-generation students are more successful… Continue Reading Student Debt Issues of First-Generation Students

When You Should Attend a For-Profit College

October 4, 2021October 10, 2021 Jordan RothmanChoosing Schools

Most colleges in the United States are non-profit institutions that receive tax benefits in exchange for providing public benefits. Nevertheless, numerous for-profit schools operate in this country, and millions of students attend such institutions. There has been some negative press about for-profit colleges and allegations that some of these institutions mislead students and commit other wrongs. However, there are a few instances when you should attend a for-profit college in the right circumstances. Non-Traditional Schedules… Continue Reading When You Should Attend a For-Profit College

Make a Plan For Student Loans

September 20, 2021 Jordan RothmanRepayment Strategies

When people are high school students thinking about college, student loans may seem like a distant challenge. Indeed, high school students usually did not need to borrow debt for anything else before in their lives, so it can be difficult to evaluate the consequences of student loans and how educational expenses should be covered. However, everyone should make a plan for student loans as soon as possible, preferably as soon as they know that they… Continue Reading Make a Plan For Student Loans

Applying to Schools During Competitive Times

June 21, 2021June 26, 2021 Jordan RothmanChoosing Schools

As many applicants to undergraduate and graduate school programs understand from firsthand experience, some admission cycles are more competitive than others. People may wish to ride out hard economic times in academia, and the increase in applications can make it more difficult to be admitted to programs and be awarded financial aid. Because of the COVID-19 pandemic, and the economic consequences the pandemic has created, many people have applied to college and graduate school, and… Continue Reading Applying to Schools During Competitive Times

Biggest Student Loan Myths

June 14, 2021 Jordan RothmanRepayment Strategies

After four years of student loan blogging, I have encountered, and debunked, a number of myths associated with student loans. Indeed, there is a lot of misleading information about student loans on the internet, and some sources might suggest competing strategies for dealing with student debt. In any event, the biggest student loan myths I have encountered fit into a few distinct categories, and it is important that individuals are familiar with misinformation that might… Continue Reading Biggest Student Loan Myths

Attending School for a Challenge

June 7, 2021 Jordan RothmanChoosing Schools

I recently had a number of conversations with one of my friends who was thinking about attending law school about a decade after he graduated from college. This friend makes a great living in his current career, but he felt that his job was easy and that he was not getting too much mental stimulation with the work he performed on a daily basis. As such, this friend decided to apply to law school, not… Continue Reading Attending School for a Challenge

Income-Share Agreements Can Help Pay for School

May 24, 2021May 24, 2021 Jordan RothmanChoosing Schools

The student loan landscape has not changed much over the past decade. Individuals who do not have financial resources to pay for school outright typically must borrow loans from government or private sources to cover educational expenses and then must pay back this debt. However, income-share agreements can help pay for school and are a novel new way to structure education financing. As such, more schools should consider this unique way of paying for college… Continue Reading Income-Share Agreements Can Help Pay for School

Middle-Class Students Fall Through The Cracks Sometimes

May 10, 2021May 10, 2021 Jordan RothmanRepayment Strategies

When people think of students who have the most issues with student loans, they likely think that low-income students face the most challenges. Indeed, low-income students often do not have relatives who can afford to help with educational expenses and this can lead to a high debt load among low-income students. Of course, high-income students have less to worry about when it comes to educational expenses because their parents can often assist with educational costs.… Continue Reading Middle-Class Students Fall Through The Cracks Sometimes

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

Teach For America Can Help With Student Loans

March 22, 2021 Jordan RothmanRepayment Strategies

When I was in college, I worked as a summer intern at the New York City headquarters of Teach For America. As many people already know, Teach For America is a nonprofit organization that is dedicated to closing the education gap in America. In essence, Teach For America coordinates teaching jobs for individuals who wish to serve as a teacher in an underserved community for a few years. Working at Teach For America can be… Continue Reading Teach For America Can Help With Student Loans