student loans Archives - Page 7 of 24

Consequences of Defaulting on Student Loans

October 12, 2020October 12, 2020 Jordan RothmanRepayment Strategies

Borrowers have a number of options at their disposal if they have issues repaying student loans. Indeed, many student debt borrowers are able to ask for a forbearance or deferment of their student loans if they satisfy certain requirements, and this can relieve pressure during trying times. Nevertheless, sometimes people cannot avoid defaulting on student loans, and some borrowers may actively shirk their responsibilities to repay student debt. In any case, borrowers may face many… Continue Reading Consequences of Defaulting on Student Loans

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

Need-Aware Admission is Unfair

September 7, 2020 Jordan RothmanAdvice for Parents, Choosing Schools

This website has mentioned in several prior articles how I was offered generous financial aid to attend college and graduate school. Indeed, I am kind of the “poster child” of college financial aid, since I received a ton of grants and other assistance that nearly covered the enitre cost of earning my college degree. When I attended my college, the school had a need-blind admission policy, meaning that a student’s ability to pay was not… Continue Reading Need-Aware Admission is Unfair

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

Attending Paralegal School with Student Loans

August 24, 2020 Jordan RothmanChoosing Schools, Saving Money

As many people already know, paralegals are important professionals in the legal arena. Although paralegals are not themselves lawyers, they perform legal tasks under the supervision of attorneys. Since paralegals can earn a respectable amount of money in many markets, individuals may wish to borrow money to attend paralegal school in order to have the best chance at landing a paralegal job. However, attending paralegal school with student loans should only be done in a… Continue Reading Attending Paralegal School with Student Loans

Having Siblings Can Help with Financial Aid

August 17, 2020 Jordan RothmanAdvice for Parents, Choosing Schools

Having Siblings Can Help with Student Loans

As this website has already discussed in several prior articles, many factors are evaluated when determining if a student is eligible for financial aid. For instance, a family’s income and savings is often used to calculate how much money a family can be expected to contribute to a child’s tuition. In addition, the number of children a family has in college at the same time can also impact financial aid determinations. Since families cannot contribute… Continue Reading Having Siblings Can Help with Financial Aid

Avoid Scholarships with Conditions

August 10, 2020August 10, 2020 Jordan RothmanChoosing Schools, Saving Money

Scholarships are available to students who enroll in many undergraduate and graduate school programs. Indeed, college students who participate in athletics, have high test scores, and others who meet different requirements can earn merit aid to attend school. Furthermore, law schools commonly award scholarships to applicants who have impressive records that can boost a law school’s admissions data. However, applicants to various educational programs should try to avoid scholarships with conditions in a variety of… Continue Reading Avoid Scholarships with Conditions