ibr Archives - Student Debt Diaries

A Student Loan Bailout Is Very Unlikely

May 20, 2019 Jordan RothmanRepayment Strategies

There has been much discussion recently about the possibility of a student loan bailout. Of course, the government has previously bailed out a number of individuals and companies who were facing hardships. And some have compared the student debt situation to the mortgage crisis that occurred over a decade ago. The student loan problem in this country is definitely growing, and it impacts economic activity, since people with student loans have difficulties reaching financial milestones… Continue Reading A Student Loan Bailout Is Very Unlikely

Can You Be Too Old to Borrow Student Loans?

April 1, 2019 Jordan RothmanRepayment Strategies

Since founding Student Debt Diaries over a year and a half ago, I have received emails from numerous people across the country. Some of the individuals who email me are non-traditional students seeking advice about how they can pay for their educational costs. On a few occasions, individuals in their 50s and 60s have reached out to me and asked me if I thought they were too old to borrow student loans. Of course, individuals… Continue Reading Can You Be Too Old to Borrow Student Loans?

Living with Student Loans During Residency

January 31, 2019March 11, 2022 Adam RothmanGuest Articles, Repayment Strategies

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

Advice for Parents of Student Loan Borrowers: An Introduction

July 23, 2018July 23, 2018 Jordan RothmanAdvice for Parents

This website has previously provided advice on a number of subjects related to student loans. Indeed, prior articles have discussed repayment strategies, ways to save money, refinancing tips, and a number of other topics related to student debt. All of these prior articles have been directed to student debt borrowers. However, this website has not yet included advice for parents of student loan borrowers, even though parents are typically interested in issues related to student… Continue Reading Advice for Parents of Student Loan Borrowers: An Introduction

Types of People Who Might Not Benefit from Refinancing Their Student Loans

June 25, 2018March 10, 2022 Jordan RothmanRefinancing Student Loans, Student Loan Repayment Guide

This website has already discussed how refinancing your student loans has a number of benefits. Indeed, refinancing your student loans can lower the amount of interest you pay over the life of the debt, and could possibly decrease the amount you need to pay each month towards your student loans. For these reasons, many people would benefit from refinancing their student loans, and this website has already discussed the types of individuals who would realize… Continue Reading Types of People Who Might Not Benefit from Refinancing Their Student Loans

Now Is a Good Time to Refinance Your Student Loans

June 18, 2018March 10, 2022 Jordan RothmanRefinancing Student Loans, Student Loan Repayment Guide

This website has already discussed how you should refinance your student loans to improve your student debt situation. Indeed, refinancing your student loans can lower your monthly payment amount, decrease the amount of interest you pay over the life of the debt, and has many other benefits as well. In addition, this website has also discussed the types of people who would benefit the most from refinancing their student loans, and these individuals should definitely… Continue Reading Now Is a Good Time to Refinance Your Student Loans

Types of People Who Should Consider Refinancing Their Student Loans

June 11, 2018March 10, 2022 Jordan RothmanRefinancing Student Loans, Student Loan Repayment Guide

As I have previously mentioned on this website, refinancing your student loans can be a great way to take control of your student debt situation. Indeed, refinancing student debt can lower your monthly payments, and decrease the amount of interest you need to pay over the life of your loans. And there are certain types of people who would benefit the most from refinancing their student loans Of course, student loan refinancing is a major… Continue Reading Types of People Who Should Consider Refinancing Their Student Loans

How to Choose a Law School That Will Minimize Your Student Debt

April 23, 2018April 23, 2018 Jordan RothmanChoosing Schools

As previously mentioned in several prior articles on this website, where you choose to attend college and graduate school can have a substantial impact on your student debt story. And if you are considering law school, your choice about where to earn a law degree and whether to attend law school at all will massively affect how much student debt you need to borrow. The law school admissions process is very complicated, mainly due to… Continue Reading How to Choose a Law School That Will Minimize Your Student Debt

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