student loans Archives - Page 14 of 24

A Student Loan Bailout Is Very Unlikely

May 20, 2019 Jordan RothmanRepayment Strategies

There has been much discussion recently about the possibility of a student loan bailout. Of course, the government has previously bailed out a number of individuals and companies who were facing hardships. And some have compared the student debt situation to the mortgage crisis that occurred over a decade ago. The student loan problem in this country is definitely growing, and it impacts economic activity, since people with student loans have difficulties reaching financial milestones… Continue Reading A Student Loan Bailout Is Very Unlikely

Reflecting on One Hundred Blog Posts

May 13, 2019 Jordan RothmanIntroductory Articles

When I founded Student Debt Diaries nearly two years ago, I never expected to write more than a few dozen articles. I started this website to tell my own student loan story, and to compile a student debt repayment guide for borrowers hoping to pay off their student loans. Over time, I continued writing articles to respond to questions posed by readers and to provide more information about student loans. Although some blogs are very… Continue Reading Reflecting on One Hundred Blog Posts

Saving Money on Fitness Costs While Paying Off Student Loans

May 6, 2019 Jordan RothmanSaving Money

Since founding Student Debt Diaries, I have received hundreds (if not thousands) of emails from people across the country. Most of the individuals who reach out to me are interested in learning ways that they can earn extra money to devote additional cash to student loans. However, sometimes individuals are interested in ways that people with student loans can save money to devote additional funds to their debt. One person recently reached out to me… Continue Reading Saving Money on Fitness Costs While Paying Off Student Loans

Student Debt Repayment Gets Easier Over Time

April 29, 2019 Jordan RothmanRepayment Strategies

Student debt repayment can seem like a daunting challenge. Indeed, someone who is about to graduate from school, and looks at the amount of student loans they have racked up over years, may wonder how they will ever pay off this debt. Student loans can be especially daunting for recent graduates who do not yet have employment lined up, and otherwise do not have a plan for repaying their student loans. However, student debt repayment… Continue Reading Student Debt Repayment Gets Easier Over Time

Making Big Purchases While Paying Off Student Loans

April 22, 2019 Jordan RothmanRepayment Strategies, Saving Money

Paying off student loans can financially strain even the most frugal and cost-conscious of borrowers. Indeed, making monthly student debt payments can drain a borrower’s financial resources so that individuals cannot save money or devote funds to purposes other than debt repayment. This financial rigidity can also make it difficulty to deal with a life emergency or to purchase major items that all of us need to buy at some point or another. However, making… Continue Reading Making Big Purchases While Paying Off Student Loans

Receiving Financial Aid After Applying Early Decision

April 15, 2019 Jordan RothmanChoosing Schools

As many readers of this website already know, it can be very difficult for prospective college and graduate students to apply to different educational programs if they have limited financial means. The cost of application fees and traveling to different campuses can add up, and individuals can be limited in their educational options if they are restricted financially. One of the common beliefs about lower-income students is that individuals hoping to receive financial aid should… Continue Reading Receiving Financial Aid After Applying Early Decision

Siblings Can Help Each Other with Student Loans

April 8, 2019 Jordan RothmanRepayment Strategies

This website has already discussed some of the ways that parents can help their children with student loans. And it is of course true that parents can have a major influence on how their children are impacted by student debt. However, many people might not realize that siblings can also help each other with student loans. I am a triplet, and I have twin older brothers. We have all had to help each other throughout… Continue Reading Siblings Can Help Each Other with Student Loans

Can You Be Too Old to Borrow Student Loans?

April 1, 2019 Jordan RothmanRepayment Strategies

Since founding Student Debt Diaries over a year and a half ago, I have received emails from numerous people across the country. Some of the individuals who email me are non-traditional students seeking advice about how they can pay for their educational costs. On a few occasions, individuals in their 50s and 60s have reached out to me and asked me if I thought they were too old to borrow student loans. Of course, individuals… Continue Reading Can You Be Too Old to Borrow Student Loans?

Working a Part-Time Job During College

March 25, 2019 Jordan RothmanEarning Extra Money

One of the best ways to minimize the amount of student debt one needs to borrow is to work a part-time job while in school. Working a part-time job during college or graduate school can reduce the amount of loans you need to borrow for living costs, and can be an enriching experience as well. Prior articles have discussed working a part-time job in law school and medical school, and it is of course beneficial… Continue Reading Working a Part-Time Job During College

Student Loans Shouldn’t Keep You from Your Dreams

March 18, 2019March 18, 2019 Jordan RothmanRepayment Strategies, Saving Money

This website has discussed at length how student loans can force individuals to make a number of sacrifices. Indeed, many student debt borrowers need to save money in extraordinary ways and miss out on a number of enriching experiences when trying to pay off student loans. However, my own personal experiences have shown me that student loans shouldn’t keep you from your dreams, and you must not let debt prevent you from finding happiness. The… Continue Reading Student Loans Shouldn’t Keep You from Your Dreams