Establishing Residency for In-State Tuition Discounts

Establishing Residency for In-State Tuition Discounts

Some colleges offer different tuition rates for students depending on if they reside within the state or from a location outside of the state in which a college is located. The reasoning behind this policy is that state funds are used to support some universities and so state residents, who presumably pay to support the school indirectly through taxes, should receive a discount on tuition. However, even if you are originally from out of state,… Continue Reading Establishing Residency for In-State Tuition Discounts

Buying a Home Is Not Worth It in Many Situations

buying a home is not worth it

During my student debt repayment saga, completely paying off my student loans was my number one financial goal.  I wholeheartedly devoted myself toward my objective of paying off student loans, and I used a number of strategies to save money and earn extra cash so that additional funds could be devoted to this goal.  Once I was finally done paying off my student loans, my biggest financial goal was purchasing a home of my own. … Continue Reading Buying a Home Is Not Worth It in Many Situations

An Introduction to Adam’s Student Debt Story

Student Debt

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 Buy a Home While Paying Off Student Loans

Buying a Home Stack of Money

As has been previously discussed on this website, it can be extremely difficult to work toward a variety of financial goals while paying off student loans. Indeed, student debt limits the amount of resources borrowers can devote to certain financial objectives, since student debt consumes cash that might be dedicated to other goals. Even though it might be advantageous to make certain financial decisions, like buying a home, it can be difficult to save extra… Continue Reading How to Buy a Home While Paying Off Student Loans