saving money Archives - Page 6 of 15

Geography Can Impact Student Debt

October 26, 2020October 26, 2020 Jordan RothmanRepayment Strategies

People understand how living costs can vary dramatically based on where you live in the United States. As I can attest to from firsthand experience, living costs in northeast cities (such as New York City) can be brutal, since rent, food costs, and other expenses are substantial in those areas. However, in more rural parts of the country, the prices for most consumer goods and rent are far lower. Geography can impact student debt, because… Continue Reading Geography Can Impact Student Debt

Getting Advice About Student Loans

October 5, 2020October 5, 2020 Jordan RothmanAdvice for Parents, Repayment Strategies

Paying off student loans can be a lonely process. People often do not discuss student loans with their peers, so it is difficult to get advice and support from friends. In addition, the student loan challenges faced by this generation are different than the struggles faced by people who went to school decades ago. However, getting advice about student loans can be easy if you keep a few things in mind. Siblings Siblings can be… Continue Reading Getting Advice About Student Loans

Paying Student Loans as a Student

September 28, 2020 Jordan RothmanChoosing Schools, Repayment Strategies

Individuals normally do not need to make student loan payments while they are in school. The reasoning behind this policy is simple: students should focus on studying when they are in school and should not try to obtain employment or make other arrangements to pay off student loans as a student. In fact, students normally have a grace period of several months after they graduate during which they also need not make student loan payments.… Continue Reading Paying Student Loans as a Student

Earning College Credits in High School

September 21, 2020September 21, 2020 Jordan RothmanChoosing Schools, Saving Money

When most people consider strategies to deal with student debt, they focus on tactics that can be employed after they have already borrowed funds to attend school. However, it is advantageous to take certain steps before borrowing student loans to minimize the amount of debt you need to borrow in order to earn a degree. Of course, not everyone can turn back the clock, but high school students should think about how they can take… Continue Reading Earning College Credits in High School

Deciding If You Should Finish Graduate School

September 14, 2020 Jordan RothmanChoosing Schools, Saving Money

Individuals attend graduate school for all types of reasons. Some people obtain a graduate degree in order to pursue their calling, and other people attend graduate school to ride out bad economic times in academia so they do not have to compete in a bad job market. Many students may seriously consider dropping out of a graduate program at some point or another, and there are many things to consider when deciding if you should… Continue Reading Deciding If You Should Finish Graduate School

You Shouldn’t Feel Bad About Student Loans

August 31, 2020 Jordan RothmanRepayment Strategies

As discussed on this website in a number of prior articles, student loans were a huge millstone around my neck for much of my 20s. I felt horrible about my student loans and I thought about my debt pretty much every day. I almost thought that I had done something wrong or made bad decisions to have such a student loan burden, and I felt that I had gotten myself into a difficult financial situation… Continue Reading You Shouldn’t Feel Bad About Student Loans

Investing Emergency Fund Money

July 27, 2020July 27, 2020 Jordan RothmanEarning Extra Money, Saving Money

As this website has already discussed in several prior articles, all student debt borrowers should have an emergency fund if they have the resources to build up savings. Emergency funds are important if people lose their jobs, face medical problems, or encounter other life issues. Although it might be safest to keep emergency funds in cash, investing emergency fund money is advisable in a number of circumstances. As mentioned in prior articles, I had an… Continue Reading Investing Emergency Fund Money

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

Attending Summer School to Save Money

July 13, 2020 Jordan RothmanChoosing Schools

This website has already discussed some enrollment strategies that can help students minimize the amount of money they spend to attend college. Indeed, individuals can graduate from college early, earn a graduate degree in college, and take other steps to lower their educational expenses. Although it might not be apparent to many, attending summer school to save money is also a viable strategy for numerous college students. One of the ways that attending summer school… Continue Reading Attending Summer School to Save Money

Living in a Dorm is Worth the Money

June 22, 2020June 22, 2020 Jordan RothmanAdvice for Parents, Saving Money

Most college students live in residence halls on campus for at least the first year or two of their studies. It is usually thought that dorm life is preferable for students starting their college careers so that they can meet people and have easy access to dining halls and other campus facilities. Of course, living on campus is often more expensive than most off-campus living options, and the amenities of on-campus living are often limited.… Continue Reading Living in a Dorm is Worth the Money