repayment Archives - Page 7 of 18 - Student Debt Diaries

Professionals with the Worst Student Debt Burdens

August 3, 2020August 3, 2020 Jordan RothmanChoosing Schools, Repayment Strategies

Many people believe that if they borrow money to enter a profession, they will be able to earn enough cash to quickly pay off any educational debt. It is true that more-educated individuals typically earn more money, but not everyone in each profession earns an equally high sum of money. In addition, the amount of debt that people borrow to enter certain professions can be extremely challenging for many individuals. In any case, professionals with… Continue Reading Professionals with the Worst Student Debt Burdens

Saving Money While Applying to Law Schools

July 20, 2020 Jordan RothmanSaving Money

As many people already know, applying to law schools can be an expensive process. Applicants generally need to pay a hefty sum in application fees and test score fees for each school to which they apply, and this can add up depending on how many schools an applicant considers. Also, applicants need to pay seat deposit fees to at least one school in order to secure a place in an incoming class. However, saving money… Continue Reading Saving Money While Applying to Law Schools

Pay it Forward After Repaying Student Loans

July 6, 2020 Jordan RothmanRepayment Strategies

When student debt borrowers are repaying student loans, it may be difficult to think about what it will be like when all of your debt is paid off. Indeed, paying off student loans may seem like an impossible task that requires years of dedication in order to accomplish. However, if you stay focused and follow the advice on this website, you should be able to pay off your student loans within a reasonable amount of… Continue Reading Pay it Forward After Repaying Student Loans

Best College Majors For Student Debt

June 8, 2020 Jordan RothmanChoosing Schools

Students typically have a vast variety of subjects which they can study at many colleges and universities across the country. Although some technical schools focus on teaching science courses, and small liberal arts colleges have a limited range of majors, many universities afford students numerous options with respect to academic pursuits. It is important for students to consider the best college majors for student debt, since some majors may help graduates earn more money and… Continue Reading Best College Majors For Student Debt

Colleges May Go Bankrupt Because of COVID-19

June 1, 2020June 1, 2020 Jordan RothmanChoosing Schools

Prior articles on this website have already discussed how student debt borrowers and the general public are adapting to meet the challenges of COVID-19. Indeed, this website has noted how students may wish to forgo enrolling at certain schools for the time being, since many campuses will be closed for the foreseeable future, and courses can be completed remotely at cheaper institutions. Many commentators have begun to discuss the financial challenges this situation may pose… Continue Reading Colleges May Go Bankrupt Because of COVID-19

Saving Money While Searching for Jobs

May 25, 2020 Jordan RothmanSaving Money

The ongoing COVID-19 pandemic has had an extremely negative effect on the economy, and has had an especially disruptive impact on the job market. Indeed, millions of people have lost their jobs over the past few months, and the current unemployment rate has not been seen in many decades. Because of the economic climate, many people are currently hunting for jobs, but it can be difficult to search for jobs while saving money, especially if… Continue Reading Saving Money While Searching for Jobs

Asking Colleges for Refunds Because of COVID-19

May 4, 2020May 4, 2020 Jordan RothmanChoosing Schools, Repayment Strategies

Almost everyone in the United States has been impacted by COVID-19. Indeed, many people know someone who has been ill with the disease, and millions of Americans have lost their jobs because of the current economic downturn. College students have also been negatively impacted by the ongoing pandemic, since almost every college campus is currently closed, and classes have moved online. In light of the current environment, asking colleges for refunds because of COVID-19 seems… Continue Reading Asking Colleges for Refunds Because of COVID-19

Dealing With Salary Cuts Because of COVID-19

April 27, 2020 Jordan RothmanEarning Extra Money, Saving Money

This website has already posted a number of articles about how student debt borrowers and the population at large have been impacted by COVID-19. Indeed, many people have been laid off or furloughed, and this has impacted their ability to pay off student debt and cover their living expenses. Many people have also had their income decreased because of the ongoing pandemic, and dealing with salary cuts because of COVID-19 can be easier if you… Continue Reading Dealing With Salary Cuts Because of COVID-19

Dealing with Unemployment Because of COVID-19

April 13, 2020April 13, 2020 Jordan RothmanRepayment Strategies

As mentioned in several prior articles, many student debt borrowers have been substantially impacted by the ongoing COVID-19 pandemic. Numerous workers have had their hours cut due to the crises, and some employees have been furloughed and even laid off. Nevertheless, by keeping a few things in mind, dealing with unemployment because of COVID-19 can be a little easier. It should first be noted that this website has already published articles discussing how student debt… Continue Reading Dealing with Unemployment Because of COVID-19

Student Loan Relief Because of COVID-19

April 6, 2020 Jordan RothmanRepayment Strategies

As many people are already aware, on March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act, also known as the “CARES” Act. This law provides for economic relief to American businesses and residents, and it is the largest government stimulus package ever passed by Congress. In addition, the CARES Act includes a great deal of student loan relief because of COVID-19. Legislators understand that student debt borrowers have been substantially impacted… Continue Reading Student Loan Relief Because of COVID-19