5 Tips for Buying a House with Student Loans

The thought of buying a house with student loans can be daunting, but that doesn’t mean it’s impossible. With a proper strategy in place, and the willingness to do whatever it takes to save for a home, you could be well on your way to pursuing the purchase of your first home.   Do Student Loans […]

Student Loans Delay Retirement Saving – But College Degrees Still Worthwhile

According to Fidelity data, the dollar-weighted average 401(k) balance for the youngest cohort of investors – those just starting their careers – is $11,600. That’s not bad But the median 20-something has a 401(k) account balance much lower than that – just $4,000. And that’s only of the subset of 20-somethings that has a 401(k) […]

Graduating Soon? Here’s What to Know About Student Debt

Editor’s Note: The following article is guest post from our friends at LendEDU.  Our goal is to give readers the tools and information they need to manage their student loan debt.   If you’ll soon be walking across the stage to accept your degree, you may be wondering what comes next when it comes to your […]

California May Join List of States With “Student Borrower Bill of Rights”

California may be about to become the newest in a growing number of states to have passed a “Student Borrower’s Bill of Rights.” About 3.2 million Californians currently owe a total of $133 billion in outstanding student loan debt. Nationally, the average balance for those who owe student loans is $37,429. One out of every […]

Julian Castro’s Student Loan Plan

Former Obama housing Secretary, San Antonio mayor and Democratic Party presidential candidate Julian Castro has proposed a detailed plan for student loan forgiveness. It’s part of what he calls his “People First” plan for education reform. Since this is primarily a student loan blog, we’ll focus first on the aspects of his plan specific to […]

Secretary of Education Betsy DeVos Ends “Gainful Employment Rule”

In 2014, the Obama Administration attached some strings to federal student loan aid going to for-profit colleges and universities. This was the deal: In exchange for continued access to student loan dollars, for-profit schools had to show that students were finding gainful employment upon graduation and paying off their loans. Additionally, the new standard required […]

Millennials and Gen Xers: How Much Should You Have Saved for Retirement by Now?

Retirement seems like it’s a long way off. But it will be around the corner before you know it. In fact, It could even come sooner than you expect: A significant number of Americans are forced to retire ahead of schedule, due to a variety of factors.  But let’s assume you’ll retire on schedule in […]

The Ultimate Guide to Buying a Car With Student Loan Debt

There’s no doubt about it – if you’ve graduated with significant student loan debt, that can absolutely complicate your ability to qualify for a car loan. But unless you live in a big city with a good public transportation system, you need a car to get to job interviews and back and forth to work. […]

Dreams vs. Student Loan Debt

Most people attend college and university for a similar reason. Potential students want to prepare for a career that will improve their future and positively impact the world. However, new evidence shows that attending college – and the subsequent student loan debt that comes with – is making graduates ditch their dreams. Drowning in debt […]

The Kamala Harris Student Loan Forgiveness for Entrepreneurs Plan

California Senator and Democratic Party presidential candidate Kamala Harris just proposed offering up to $20,000 in student loan forgiveness to Pell Grant recipients. Yesterday I announced that, as president, I’ll establish a student loan debt forgiveness program for Pell Grant recipients who start a business that operates for three years in disadvantaged communities. https://t.co/ldwuC9RiIE — […]

Are you making this common savings mistake?

Saving for the future is hard. But, saving for the future can feel downright impossible when you have student loan debt. Currently, 3/4 of Americans of all ages have at least one regret about how they’ve managed their finances, according to a recent report from Bankrate. However, every generation feels remorse about specific financial troubles. […]

Want to Attract Talent? Offer a Student Loan Repayment Benefit

ALEXANDRIA, Va. — More than one-half of working Americans said employer-provided student loan repayment benefits would play a role in how they evaluate job opportunities, according to new research from the Society for Human Resource Management (SHRM). ” As the research shows, education assistance helps employers attract talented employees and build diverse teams to compete globally.”  –Emily […]