Debt Management

Will Student Loan Debt Affect Your Holiday Spending?

Will your student loan debt put a dent in your holiday spending plans? A recent survey by Student Loan Hero suggests that while student loan debtors may try to save money during their holiday shopping runs, they will not let debt curtail their spending.<p>According to the survey, one-third of …

When Unpaid Student Loan Bills Mean You Can No Longer Work

Fall behind on your student loan payments, lose your job.<p>Few people realize that the loans they take out to pay for their education could eventually derail their careers. But in 19 states, government agencies can seize state-issued professional licenses from residents who default on their …

South Dakota

The pros and cons of debt consolidation

When it comes to addressing your debt problems there are several strategies you can adopt. One of them is debt consolidation, which is a form of …

Debt Consolidation

How much student loan debt people owe in each state exposes a pattern we should have seen coming

• <b>Student loan debt continues to be a huge burden for many Americans.</b>• <b><br>Graduates in the Northeast have more debt on average, while those in the Southwest had the least on average.</b>• <b><br>Families in the Northeast tend to spend more on college than those in other parts of the country.</b><p>Student loan debt continues …

Business

Here’s how to save for retirement — and pay off your student debt - MarketWatch

For many recent college graduates, the holiday season may not be so cheery.<p>That’s because they’ll be receiving their first student loan bill as the …

Business

I have the money to finish paying my student loans — but I'm choosing not to

• <b>Author Mr. Crazy Kicks decided to invest instead of paying off his student loans.</b>• <b><br>He made this decision by analyzing risk and potential returns.</b>• <b><br>There are a few things he also considered, like tax deductibles and refinancing.</b> • <b><br>After refinancing the loans, the payments went down, and he was able to</b> …

Finance

How This 28-Year-Old Repaid $62,000 Of Student Loans In 2 Years

Tommy LeSage, Jr. is a public servant.<p>At 28, LeSage is a police officer in Massachusetts and a First Lieutenant in the Army National Guard.<p>LeSage is also one of 44 million Americans who collectively owe $1.4 trillion in student loan debt.<p>We discussed his path toward student loan repayment for his …

Franklin D. Roosevelt

Paying student loans for the first time? Here's what you need to know - SectorWatch - MarketWatch

Between Thanksgiving and Christmas, about 1 million Americans will receive their first student-loan bill. Here's what they need to know, according to …

Consumer Financial Protection Bureau

Behind the Lucrative Assembly Line of Student Debt Lawsuits

A woman in a suburb of Columbus, Ohio, was sued twice, by two different creditors, over the same overdue student loan. Another person, in Illinois, was taken to court over a loan that had already been paid off. And hundreds of borrowers faced lawsuits over debts so old that they were no longer …

Education

What students need to know about repaying med school loans

About three quarters of medical students plan to begin paying their student-loan debt upon graduation from medical school or during their first year …

Medical School

College Students Beware: Credit Card Companies Only See Dollar Signs

One in four college students leaves with more than $5,000 in debt, a TrueCredit.com study shows. One in 10 leaves with over $10,000 in debt.<p>When …

Personal Finance

Finance and affordability in education: More inequality or opportunites?

Image Credits: Pixabay<p>It is therefore quite easy to make the assumption, that since US companies help to revolutionize the sharing of knowledge …

Education

For Student Borrowers, Time to Start Repaying Loans

Along with holiday cards from friends and family members, recent college graduates will probably receive notices from their student loan servicers in the mail in coming weeks.<p>Most student loans have grace periods — spans of time after graduation before repayment must begin — of six months. So for …

Business

5 Reasons To Be Grateful For Your Student Debt

Facing student debt and feeling like you’ll never get out?<p>I’ve been there — staring down my own six-figure student loans, feeling powerless and hopeless for the future.<p>If you’re like me, you might be harboring some deep resentment for your student debt and the system that landed you with it. But …

Why you should avoid multiple personal loan applications

Given our desperation for money during such testing times, it is possible for us to apply to multiple banks, hoping that at least one of the …

Stop Pretending Student Debt Is An Economic Issue — It's Really A Women's Crisis

I'm not going to lie, I like to argue. And you know what? I'm good at it. I take on Donald Trump and his terrible policies for a living, and I'm not …

Betsy DeVos

Republicans Want to Make It Harder for You to Pay Off Student Loans

The GOP tax plan creates both winners and losers, and if you deduct student loan interest, you're likely a loser.<p>The Republican tax plan introduced in the House on Thursday is a complicated beast. The bill would slash corporate taxes; help the rich by, among other things, gradually abolishing the …

Money

5 reasons not to pay off student loans early

You've invested a lot of time and money into your education. We hope that your education has turned into a job that provides a decent income and the …

Business

Effective methods to use to get on top of small business debt

Small businesses often find themselves in debt. This article outlines effective methods for entrepreneurs to use in order to help get out of small …

Small Business

Student Loan Repayment Strategies During Tough Times

If you’re finding it difficult to squeeze enough out of your budget to make student loan payments each month, maybe it’s time to review the many …

Personal Finance

Chamber wants tax relief for businesses that pay off student debt

The Greater Boston Chamber of Commerce will lobby for tax benefits for those companies like PricewaterhouseCoopers and Fidelity Investments that help …

Boston

How To Get Approved For Student Loan Refinancing

If you are one of the 44 million student loan borrowers who, according to personal finance comparison site Make Lemonade, collectively owe more than $1.4 trillion, then student loan refinancing should be at the top of your to-do list.<p>Here is what you need to know to get approved for student loan …

Mortgages

The hidden dangers of Process Debt

Most of us involved in software development are familiar with the term “technical debt”.<p>As a quick reminder, it was introduced by Ward Cunningham to …

Java

How I Ditched Debt: Grad Gives Gift to Her Future Self

<i>In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices.</i> …

Personal Finance

UK government revives landmark student debt sale

The UK government will resume its largest sale of student loans to private investors, having temporarily halted the auction before the June general …

UK News

Started uni in or after 1998 and began repaying your loan 2002-2006? Your loan's being sold

<b>The Government today formally restarted the process of selling off English student loans, after a delay of several months due to the general</b> …

Personal Finance (UK)

The bold, painless actions needed to defuse the student debt timebomb

The issue of student debt and the sustainability of our university system is bigger than ever. Responding to record levels of student and taxpayer …

Credit Card Delinquencies Are Rising Fast -- And There's Only One Sustainable Solution

It’s one of those nagging problems that we tend to ignore when the stock market is at record highs and unemployment reassuringly low. The fact is, consumer debt is no less an issue – and, in many ways, should generate more concern – during the good times.<p>The persistence of burdensome debt after a …

Counseling

One-Third of Americans Fear They'll Never Repay Their Student Loans

Are you one of them?<p>If you've been following the news, you're no doubt aware that the country is deep in the throes of a student debt crisis. …

Investing

Sloppy paperwork could wipe out $5 billion in private student debt

Sloppy and missing paperwork could wipe out $5 billion or more in private student loans held by consumers struggling to make their payments.<p>Lawsuits …