Article originally published September 28th, 2021. Updated December 6th, 2022. While student loan debt figures have declined slowly since they hit a high in 2010 and 2011, around 70% of those graduating with a four-year college degree do so with at least some debt related to their education. As of 2022, nearly 43 million people... Read More
Christmas came early for millions of federal student loan borrowers courtesy of the federal government. While the federal student loan freeze was set to unfreeze on August 31, 2022, with payments restarting in February, President Biden pointed to the continuing “impacts of the pandemic” as the primary reason for keeping federal student loan payments, interest... Read More
This article originally appeared on The Financially Independent Millennial and was republished with permission. Who Are First Generation College Students? The first thing to know about first generation college students is that the definition is actually pretty broad. Depending on what each school or university determines to qualify as a first generation college student, it... Read More
Student loans are by far some of the biggest issues most students are facing today when it comes to finances. To get the kind of education you want, you will probably need to take out a student loan to pay for the studies – and then spend years if not decades paying back such loans.... Read More
The following is a guest post by Will Geiger, of Scholarships360. Paying for college can be a complicated process for students and families. To be considered for financial aid, students must meet deadlines, consider large loan amounts, and fill out lengthy applications. On top of this, specific colleges might have additional requirements for merit scholarships.... Read More
When we think about the $1.45 trillion student loan crisis, we normally imagine struggling, young, recent college graduates. We often don’t think about the collateral damage among families that overwhelming school debt can inflict, but that’s a fast-growing problem. Almost all private student loans require a co-signer, and increasingly, the parents and grandparents tied to... Read More