scholarships Archives - Student Debt Diaries

Using Student Loan Money for Other Purposes

December 13, 2021December 13, 2021 Jordan RothmanRepayment Strategies

Obviously, when people borrow student debt, the reason they are loaned money is to pay for educational expenses. However, students are usually allowed to borrow money in order to pay for living expenses, and this can sometimes be a significant sum of cash. Students can decide to use this part of their student loans for purposes other than paying for housing, food, and related expenses. However, student debt borrowers should keep some things in mind… Continue Reading Using Student Loan Money for Other Purposes

When You Should Attend a For-Profit College

October 4, 2021October 10, 2021 Jordan RothmanChoosing Schools

Most colleges in the United States are non-profit institutions that receive tax benefits in exchange for providing public benefits. Nevertheless, numerous for-profit schools operate in this country, and millions of students attend such institutions. There has been some negative press about for-profit colleges and allegations that some of these institutions mislead students and commit other wrongs. However, there are a few instances when you should attend a for-profit college in the right circumstances. Non-Traditional Schedules… Continue Reading When You Should Attend a For-Profit College

Applying to Schools During Competitive Times

June 21, 2021June 26, 2021 Jordan RothmanChoosing Schools

As many applicants to undergraduate and graduate school programs understand from firsthand experience, some admission cycles are more competitive than others. People may wish to ride out hard economic times in academia, and the increase in applications can make it more difficult to be admitted to programs and be awarded financial aid. Because of the COVID-19 pandemic, and the economic consequences the pandemic has created, many people have applied to college and graduate school, and… Continue Reading Applying to Schools During Competitive Times

Biggest Student Loan Myths

June 14, 2021 Jordan RothmanRepayment Strategies

After four years of student loan blogging, I have encountered, and debunked, a number of myths associated with student loans. Indeed, there is a lot of misleading information about student loans on the internet, and some sources might suggest competing strategies for dealing with student debt. In any event, the biggest student loan myths I have encountered fit into a few distinct categories, and it is important that individuals are familiar with misinformation that might… Continue Reading Biggest Student Loan Myths

Attending School for a Challenge

June 7, 2021 Jordan RothmanChoosing Schools

I recently had a number of conversations with one of my friends who was thinking about attending law school about a decade after he graduated from college. This friend makes a great living in his current career, but he felt that his job was easy and that he was not getting too much mental stimulation with the work he performed on a daily basis. As such, this friend decided to apply to law school, not… Continue Reading Attending School for a Challenge

Middle-Class Students Fall Through The Cracks Sometimes

May 10, 2021May 10, 2021 Jordan RothmanRepayment Strategies

When people think of students who have the most issues with student loans, they likely think that low-income students face the most challenges. Indeed, low-income students often do not have relatives who can afford to help with educational expenses and this can lead to a high debt load among low-income students. Of course, high-income students have less to worry about when it comes to educational expenses because their parents can often assist with educational costs.… Continue Reading Middle-Class Students Fall Through The Cracks Sometimes

Getting Off a Waitlist

March 15, 2021 Jordan RothmanChoosing Schools

As many people already know, a waitlist is for people who have not yet been admitted to an academic program, but who may be admitted at a later date depending on enrollment numbers. Individuals on a waitlist typically have nearly the right credentials to be admitted to a program, but space is limited because spots in a program have been offered to enough people who have not yet rejected an admission offer. Getting off a… Continue Reading Getting Off a Waitlist

Division Three Athletes Get Financial Benefits

February 15, 2021 Jordan RothmanChoosing Schools

Scholarships are often available for college athletes that play on Division One and Division Two NCAA athletic teams. However, athletes who play on Division Three teams are often not eligible to receive athletic scholarships to play sports in college. Smaller schools typically have such athletic programs, and athletes on these teams simply play the sports for the love of the game. Nevertheless, Division Three athletes get financial benefits from participating in sports in college in… Continue Reading Division Three Athletes Get Financial Benefits

Financial Aid Should Increase over Time

January 25, 2021 Jordan RothmanChoosing Schools

When I attended college, I was thrilled to obtain need-based financial aid. This assistance made it much easier for me to pay for my educational costs and reduced the amount of student debt I needed to borrow. However, financial aid should increase over time, and students should not be provided the same level of aid each year they attend school. In college, my financial aid stayed constant throughout my four years as an undergraduate. One… Continue Reading Financial Aid Should Increase over Time

Attending Part-Time Programs Full-Time

January 11, 2021 Jordan RothmanChoosing Schools

This website has discussed how part-time academic programs can help students reduce their student loan burden. Indeed, if students attend school only on nights and weekends, it is possible that students can work jobs with the rest of their time. This can enable students to pay for part or all of their educational costs as a student. However, in certain circumstances, attending part-time programs full-time can also have an impact on your student debt burden.… Continue Reading Attending Part-Time Programs Full-Time