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?

Parents Can Help Their Kids Receive Financial Aid

Parents Can Help Their Kids Receive Financial Aid

Every student who wants to minimize the amount of money they borrow to attend college or graduate school should consider obtaining financial aid. As mentioned in a few prior articles, I received generous need-based financial aid while attending college and law school. This assistance helped me lessen the amount of money I had to borrow to earn my degrees. Through my experiences applying for financial assistance, I learned first-hand how parents can help their kids… Continue Reading Parents Can Help Their Kids Receive Financial Aid

Dual-Degree Programs Can Save You Money

Dual-Degree Programs Can Save You Money

Most people follow a traditional path when they obtain their college and graduate degrees. Usually, individuals attend college for four years, and then attend graduate school for one, two, three, or more years depending on the degree which they are pursing. However, sometimes individuals can obtain two or more degrees at the same time in less years than it would take to obtain the degrees separately. These dual-degree programs can save you money, since students… Continue Reading Dual-Degree Programs Can Save You Money

Joining the Military Can Help You Pay Off Student Loans

Military Can Help With Student Loans

This website has already discussed a number of strategies that individuals can employ in order to pay off their student loans. Indeed, there are many ways that borrowers can save money and earn extra income so that additional cash can be devoted to student debt. However, people can also work certain jobs that include employee benefits, which can help with student loans. Indeed, as many individuals already know, the military can help you with student… Continue Reading Joining the Military Can Help You Pay Off Student Loans

Paying for Test Prep Classes Can Save You Money in the Long Run

Paying for Test Prep Classes Can Save You Money

Preparing for standardized admission tests is no fun. Most people need to study for months in order to perform their best on standardized tests, and this is especially difficult for people who are students or are working full-time. Studying for standardized tests is even more difficult for people with student loans, since individuals must typically shell out thousands of dollars in order to take exam prep classes or purchase study aids. However, paying for test… Continue Reading Paying for Test Prep Classes Can Save You Money in the Long Run

Advice for Parents of Student Loan Borrowers: An Introduction

Advice for Parents of Student Loan Borrowers

This website has previously provided advice on a number of subjects related to student loans. Indeed, prior articles have discussed repayment strategies, ways to save money, refinancing tips, and a number of other topics related to student debt. All of these prior articles have been directed to student debt borrowers. However, this website has not yet included advice for parents of student loan borrowers, even though parents are typically interested in issues related to student… Continue Reading Advice for Parents of Student Loan Borrowers: An Introduction

How to Decide If Attending College Is Right for You

College is Right for You

This website has already discussed numerous ways that individuals can pay off their student loans. The blog has also including some considerations students should assess when choosing which schools to select. However, the website has not yet tackled how to decide if attending college is right for you. In our modern economy, it is usually assumed that everyone graduating high school should attend college. Indeed, a college degree is typically seen as a necessary credential… Continue Reading How to Decide If Attending College Is Right for You

Dealing with the Bankruptcy of a Student Loan Cosigner

Bankruptcy

In a previous article, I delved into the issues that can arise when a student loan cosigner dies, and how to best deal with any problems that may result. This time around, I will talk about a rarer, though sometimes more problematic dilemma: what to do when a cosigner declares bankruptcy. While renegotiating the terms of the student loan may still be an option, the worst case scenario (an automatic default) is what commonly occurs.… Continue Reading Dealing with the Bankruptcy of a Student Loan Cosigner

Part-Time Degree Programs Can Help You Minimize Student Debt

part-time programs

I am sure that many readers of this website are aware of degree programs that allow individuals to attend classes at night, on weekends, or over the internet. For working individuals, part-time programs are critical, since they afford the flexibility necessary to obtain a degree while employed full-time. However, such programs can also help you minimize the amount of student debt you borrow to earn your degrees, since you could offset educational costs while working… Continue Reading Part-Time Degree Programs Can Help You Minimize Student Debt

How to Decide If You Should Go Back to School or Avoid Student Debt

Go Back to School

I am sure that many of you who have already earned your degrees have considered going back to school at one point or another. Indeed, numerous people contemplate obtaining another degree in order to make a career move, earn more money, or for a number of other reasons. I also thought about going back to school more than once during my student debt repayment journey. However, there are a few things you should keep in… Continue Reading How to Decide If You Should Go Back to School or Avoid Student Debt