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How to Survive the Holidays with Student Loans

November 26, 2018 Jordan RothmanSaving Money

Surviving the Holidays with Student Loans

As many people are aware, there are certain times in everyone’s lives when it is extremely difficult to save money. For instance, when a relative or close friend is getting married, it is almost impossible to avoid spending large sums of money on gifts, wedding attire, travel expenses, and other costs. In addition, the holiday season is another time when it is extremely difficult to save money. Whether it is purchasing presents, or traveling to… Continue Reading How to Survive the Holidays with Student Loans

Why I Chose to Live at Home During Medical School

October 25, 2018March 11, 2022 Adam RothmanGuest Articles, Saving Money

As I stated in several of my prior articles, medical school is far from cheap. With annual tuition averaging over forty thousand dollars, it is imperative to cut costs wherever possible. When I was set to begin my first year of medical school, I took out the maximum amount of federal student loans I was able to borrow, equaling around $55,000. While this funding covered the cost of my medical school tuition (which was slightly… Continue Reading Why I Chose to Live at Home During Medical School

A Dollar Saved Is Better Than a Dollar Earned

October 15, 2018 Jordan RothmanSaving Money

We have all probably heard the expression “a dollar is saved is a dollar earned” at one point or another during our lifetimes. And it is true that if you spend less money on unnecessary things, you will have more cash to devote to paying off student debt or achieving other life goals. Although saving money is an extremely important part of repaying student debt, many readers of this website are more interested in earning… Continue Reading A Dollar Saved Is Better Than a Dollar Earned

Helping Family While Paying Off Student Loans

September 24, 2018 Jordan RothmanSaving Money

While paying off student loans, it can be hard to devote financial resources to anything other than repaying student debt. Indeed, many student loan borrowers dedicate a large percentage of their incomes each month to student debt, and this leaves little money left to devote to any other purpose. However, you might need you to consider helping family while paying off student loans if a life emergency arises. During my student debt repayment saga, there… Continue Reading Helping Family While Paying Off Student Loans

Be Financially Responsible After Paying Off Student Loans

September 17, 2018 Jordan RothmanSaving Money

Be Financially Responsible After Paying Off Loans

While repaying student loans, it is easy to think that paying off student debt will cure most of your financial problems. Indeed, many student loan borrowers devote a large amount of their incomes each month to student loans, and directing these funds to other purposes can improve one’s life. However, there are many reasons why you should be financially responsible after paying off loans, and continue to live a frugal lifestyle even when you no… Continue Reading Be Financially Responsible After Paying Off Student Loans

The Benefits of Working a Part-Time Job During Medical School

August 9, 2018March 11, 2022 Adam RothmanEarning Extra Money, Guest Articles

Medical school is not easy. I should know, I’ve been through it. As a medical student, you need to endure countless mundane lectures, deal with tedious study groups, and basically learn an entirely new language (medical terms number in the several thousands). All throughout, you are forced to compete against the brightest of the bright for future job opportunities. These burdens are of course separate from any issues you may face while working a part-time… Continue Reading The Benefits of Working a Part-Time Job During Medical School

How to Make the Process of Refinancing Student Loans as Painless as Possible

July 16, 2018March 10, 2022 Jordan RothmanRefinancing Student Loans, Student Loan Repayment Guide

Most student loan borrowers understand that they can save a ton money by refinancing their student debt. And this website has detailed at length all of the benefits one can realize from refinancing their student loans. Indeed, as already explained, you can minimize the amount of interest you pay over the life of your debt and lower your monthly student loan payments after going through the student loan refinancing process. However, many student debt borrowers… Continue Reading How to Make the Process of Refinancing Student Loans as Painless as Possible

Fighting Against the Student Loan Scammers

June 21, 2018March 11, 2022 Adam RothmanGuest Articles, Repayment Strategies

Student loans are no joke. For those who rely on them to complete their education, these loans can soon become significant burdens. Monthly student loan payments often represent large portions of people’s discretionary incomes, and may prevent recent graduates from making key life decisions due to financial instability (marriage, children, homeownership…the list goes on). While cosigners can sometimes ease the burdens on student loan borrowers, they can also create a whole other set of problems… Continue Reading Fighting Against the Student Loan Scammers

Dealing with the Bankruptcy of a Student Loan Cosigner

May 17, 2018March 11, 2022 Adam RothmanGuest Articles, Repayment Strategies

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

Consider Heading Back to School If Your Employer Will Pay for It

May 14, 2018 Jordan RothmanChoosing Schools

This website has already discussed some of the perks certain employers offer that make it easier to pay off student debt. Indeed, many workers out there are fortunate to have a number of employment benefits that can impact their finances. Some individuals may even work for an employer that will pay for all or part of the cost of obtaining a degree, and this can impact someone’s student debt decisions. There are a number of… Continue Reading Consider Heading Back to School If Your Employer Will Pay for It