Can You Be Too Old to Borrow Student Loans?

Too Old to Borrow Student Loans

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?

Working a Part-Time Job During College

Working a Part-Time Job During College

One of the best ways to minimize the amount of student debt one needs to borrow is to work a part-time job while in school. Working a part-time job during college or graduate school can reduce the amount of loans you need to borrow for living costs, and can be an enriching experience as well. Prior articles have discussed working a part-time job in law school and medical school, and it is of course beneficial… Continue Reading Working a Part-Time Job During College

Student Loans Shouldn’t Keep You from Your Dreams

Student Loans Shouldn't Keep You From Your Dreams

This website has discussed at length how student loans can force individuals to make a number of sacrifices. Indeed, many student debt borrowers need to save money in extraordinary ways and miss out on a number of enriching experiences when trying to pay off student loans. However, my own personal experiences have shown me that student loans shouldn’t keep you from your dreams, and you must not let debt prevent you from finding happiness. The… Continue Reading Student Loans Shouldn’t Keep You from Your Dreams

How to Save Money as a Law Student

Saving Money as a Law Student

As many individuals are already aware, law school is extremely expensive. Indeed, people usually need to borrow hundreds of thousands of dollars in order to pay for tuition costs and living expenses while attending law school. Of course, saving money in law school allows one to borrow less money to earn a law degree, and will also mean that less interest will accrue on the debt one does borrow. As a result, saving money as… Continue Reading How to Save Money as a Law Student

Starting a Business While Paying Off Student Loans

Starting a Business While Paying Off Student Loans

Several prior articles on this website have already discussed how student loans can impede student debt borrowers from achieving numerous goals in life. Indeed, student loans can make it difficult to buy a home, save for retirement, and accomplish many other objectives. In addition, starting a business while paying off student loans is extremely difficult for a variety of reasons. As numerous student loan borrowers are already aware, student debt impacts the amount of capital… Continue Reading Starting a Business While Paying Off Student Loans

Parents Should Equally Help Children with Educational Costs

Parents Should Equally Help Children With Student Loans

Since founding Student Debt Diaries almost 18 months ago, I have received hundreds of emails from people across the country. Although most individuals who email me have student loans themselves, I also receive numerous messages from parents of children with student debt. Usually, parents reach out to me in order to discover ways that they can help their kids with student loans. However, a few parents have discussed their financial struggles and other issues that… Continue Reading Parents Should Equally Help Children with Educational Costs

Working a Part-Time Job During Law School

Working a Part-Time Job During Law School

As many people already know, law school and other graduate programs are very rigorous. The coursework required to earn most graduate degrees is extremely difficult, and graduate students typically have more responsibilities than undergraduates. However, from my own personal experiences, working a part-time job during law school or another graduate program can help minimize your student debt burden. While I was in college, I had a few part-time jobs. I gave tours for the admissions… Continue Reading Working a Part-Time Job During Law School

Hold off on Spending Money for as Long as Possible

Hold off on spending money

Many articles on this website have already discussed various strategies that can be implemented to save money so that additional cash can be devoted to student loans. Most student debt borrowers already know how cutting expenses can help individuals repay their student loans early, and saving money is perhaps even more important that earning extra cash for a variety of reasons. However, if you need to spend money while repaying student loans, it is important… Continue Reading Hold off on Spending Money for as Long as Possible

How Much Student Debt Is Too Much?

How Much Student Debt Is Too Much

Ever since I started Student Debt Diaries almost eighteen months ago, I have received hundreds of emails from individuals across the country. Many people want to know how they can earn extra money so that additional cash can be devoted to student loans. Other folks are interested in ways that they can cut expenses so that any savings can be used to pay down student debt. Numerous individuals have also asked me how much student… Continue Reading How Much Student Debt Is Too Much?

Living with Student Loans During Residency

Living with Student Loans During Residency

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