Student loan debt is a growing concern for many Americans. With tuition costs steadily rising and students taking on more debt to finance their education, managing student loans can be challenging. According to the Federal Reserve, student loan debt exceeds $1.5 trillion in the United States. This massive debt burden makes it difficult for many …
After I posted 15 answers to Biden’s student loan forgiveness plan, I received a lot of questions on my social media accounts about student loan forgiveness. I received the following question about the plan’s impact on certain for-profit colleges.
A reader of AskTheMoneyCoach.com wanted to know what to do about tens of thousands of dollars worth of credit card debt, as well as thousands of dollars in student loans debt that she’s facing. She was wondering whether she should pay off that debt by selling a vacation home she owns – especially because …
It’s an awful feeling to get a bill in the mail that you can’t pay. Unfortunately, with about $1 trillion in student loan debt outstanding, a lot of people in America get that queasy feeling in their stomachs month after month because they can’t afford to make college debt payments. Fortunately, you do have options …
Student Loans: 4 Options When You Can’t Afford to Pay Read More »
Q. How do I manage massive student loan debt ($200,000) on a modest income? A. To manage large student loan debt on a modest income, pick the right repayment program – one that is affordable, given your present economic circumstances. If you have federal student loans, there are four different loan repayment plans you can …
How Do I Manage Massive Student Loan Debt ($200,000) on a Modest Income? Read More »
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