State Schools Are Not Always Cheaper

State Schools are Not Always Cheaper

Most people understand the conventional wisdom that state schools are often more affordable than attending private universities. Indeed, state schools are usually subsidized by the government, and tuition costs are typically lower at numerous state schools than many private colleges. However, state schools are not always cheaper, and students wishing to save money on tuition costs should not disregard private universities, since these colleges can actually help students lower their educational expenses. One reason why… Continue Reading State Schools Are Not Always Cheaper

How to Be More Eligible for Financial Aid

How to Be More Eligible for Financial Aid

As this website has mentioned in a few prior articles, both scholarships and need-based financial aid are available for students entering certain educational programs. Although scholarships are usually based on merit, need-based financial aid is typically doled out based on the financial background of students and their family. As mentioned previously, I received generous need-based financial aid to attend both college and law school. These experiences have shown me how to be more eligible for… Continue Reading How to Be More Eligible for Financial Aid

Dating While Paying Off Student Loans

Dating While Paying Off Student Loans

This website has already discussed how student loans can affect many parts of one’s life. Indeed, student debt can impact a borrower’s personal relationships, and can affect the amount of money someone has to pursue a number of social activities. In addition, student debt can also impact one’s romantic relationships, both because it might be difficult to connect with people who do not have student loans, and dating can drain resources that can be used… Continue Reading Dating While Paying Off Student Loans

Reusing Things to Save Money While Paying Off Student Loans

Reusing Things to Save Money

This website has already published a number of articles about saving money so that additional cash can be devoted to student loans. Although many people are most interested in the articles on this website about earning income from side-hustles, it is actually more important to save money. As previously discussed, this is because taxes must be paid on any additional money you make. From my own personal experiences, reusing things to save money is one… Continue Reading Reusing Things to Save Money While Paying Off Student Loans

Asking Your School for More Scholarship Money

Asking Your School for More Scholarship Money

This website has already discussed some of the considerations that should be kept in mind when choosing schools that will lower your student debt burden. Oftentimes, it is advisable to attend lower-ranked schools in order to secure scholarship money, since decreasing the amount of student loans you borrow is important in many situations. However, even after you enroll in an educational program, there is nothing preventing you from asking your school for more scholarship money.… Continue Reading Asking Your School for More Scholarship Money

A Student Loan Bailout Is Very Unlikely

student loan bailout

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

Reflecting on One Hundred Blog Posts

Reflecting on One Hundred Blog Posts

When I founded Student Debt Diaries nearly two years ago, I never expected to write more than a few dozen articles. I started this website to tell my own student loan story, and to compile a student debt repayment guide for borrowers hoping to pay off their student loans. Over time, I continued writing articles to respond to questions posed by readers and to provide more information about student loans. Although some blogs are very… Continue Reading Reflecting on One Hundred Blog Posts

Student Debt Repayment Gets Easier Over Time

Student Debt Repayment Gets Easier Over Time

Student debt repayment can seem like a daunting challenge. Indeed, someone who is about to graduate from school, and looks at the amount of student loans they have racked up over years, may wonder how they will ever pay off this debt. Student loans can be especially daunting for recent graduates who do not yet have employment lined up, and otherwise do not have a plan for repaying their student loans. However, student debt repayment… Continue Reading Student Debt Repayment Gets Easier Over Time

Making Big Purchases While Paying Off Student Loans

Big Purchases While Paying Off Student Loans

Paying off student loans can financially strain even the most frugal and cost-conscious of borrowers. Indeed, making monthly student debt payments can drain a borrower’s financial resources so that individuals cannot save money or devote funds to purposes other than debt repayment. This financial rigidity can also make it difficulty to deal with a life emergency or to purchase major items that all of us need to buy at some point or another. However, making… Continue Reading Making Big Purchases While Paying Off Student Loans

Receiving Financial Aid After Applying Early Decision

Receiving Financial Aid After Applying Early Decision

As many readers of this website already know, it can be very difficult for prospective college and graduate students to apply to different educational programs if they have limited financial means. The cost of application fees and traveling to different campuses can add up, and individuals can be limited in their educational options if they are restricted financially. One of the common beliefs about lower-income students is that individuals hoping to receive financial aid should… Continue Reading Receiving Financial Aid After Applying Early Decision