frugality Archives - Page 3 of 12 - Student Debt Diaries

Respect for Paying Off Student Loans

June 28, 2021 Jordan RothmanRepayment Strategies

As previously mentioned in several prior articles on this website, individuals who pay off their student loans may enjoy a great sense of pride at their accomplishment. Indeed, paying off my own student loans gave me a great sense of accomplishment, and I am really proud I was able to achieve this goal. However, other people also hold a great sense of respect for paying off student loans, and this can help you in both… Continue Reading Respect for Paying Off Student Loans

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

Unpaid Internships Hurt Student Debt Borrowers

May 31, 2021May 31, 2021 Jordan RothmanRepayment Strategies, Saving Money

As many people understand from firsthand experience, students and recent graduates often need to complete unpaid internships during the school year and summers in order to build their resumes. Such unpaid internships may confer valuable experiences that can help the student during their job search later in their careers. However, unpaid internships hurt student debt borrowers, and employers should consider offering paid internships while interns should look for sources of funding. During my student debt… Continue Reading Unpaid Internships Hurt Student Debt Borrowers

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

Living Off Campus to Save Money

May 3, 2021 Jordan RothmanSaving Money

College and gradate students encounter numerous costs and expenses while they pursue their degrees. Indeed, students often need to pay tens of thousands of dollars in tuition expenses and living costs needed to cover food and housing while they are a student. Although it might be more convenient to live on campus to be closer to class and other activities, living off campus to save money is a viable strategy in many instances. For the… Continue Reading Living Off Campus to Save Money

Risky Investments to Pay Off Student Loans

April 26, 2021 Jordan RothmanEarning Extra Money

It can be difficult for individuals with student loans to set money aside for investments. Indeed, student debt can cause financial pressure and much available money must be devoted to living expenses and paying off debt. Nevertheless, this website has discussed some less risky investments to pay off student loans that student debt borrowers may wish to pursue in order to create an additional income stream. Student debt borrowers may not want to invest in… Continue Reading Risky Investments to Pay Off Student Loans

Students Should Have Fun in College

April 12, 2021 Jordan RothmanChoosing Schools

Students Should Have More Fun in College

Student loans can make it more difficult to have fun in college. Individuals with student debt may not have the resources needed to take trips in college or spend money on other things that can make the undergraduate experience more fun. In addition, student loans can cause a substantial amount of stress, which can put a damper on the college experience. However, students should have fun in college for a variety of reasons even if… Continue Reading Students Should Have Fun in College

Getting More Comfortable with Investing

April 5, 2021 Jordan RothmanEarning Extra Money

Investing can be a daunting proposition for many people. Individuals may be scared of investing because they may think that they might make the wrong decisions and end up losing money. People may also not be too informed about the tools they can use to properly invest their money. However, investing is important to student loan borrowers because it is critical to make any money you have, whether it be in an emergency fund or… Continue Reading Getting More Comfortable with Investing

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