10 Financial Literacy Rules You Need to Break and Why?
Straight into their first year of college, most students don’t have any financial literacy rules sense. They don’t save money, much less use it properly. Here are 10 financial literacy rules you need to break and why? 1. You Need Half a Year of Living Expense in Savings This has been a golden rule for […]
Avoiding Student Debt
Though it seems impossible avoiding the hardship of student debt, even to some degree, there are ways to keep your debt manageable. Of course, once you graduate, it won’t feel that way because lenders will pummel you eager for you to begin reimbursement. Take a deep breath- we get it! Tips: Avoiding Student Debt First […]
Five Financial Barriers Millennials Are Facing Today
When you’re in your early 20s and about to graduate college, you have a lot of ahead of you. You may be trying to start a family, buy a car or even have trouble renting an apartment. You may be getting ready to experience a decade of living paycheck to paycheck just to put a […]
Retirement Issues You May Be Facing Today: Student Loan Debt in Retirement
Hitting the age of retirement is something most people look forward to. After spending an entire adult life working to afford a place to live, food to eat, a car to drive, and maybe a yearly vacation. The thought of not having to be beholden to “the man” day in and day out is appealing. […]
How Student Loan Debt Can Prevent from Buying a House or Car?- Facts
The facts about the cost of a college degree these days can be daunting, especially if you are like most people and can’t afford to pay student loan debt for it outright. Over the past couple of decades, we have seen a decline in the economy and a rise in unemployment, yet one thing that […]
10 Reasons Why You’ll Stay in Student Loans Debt Longer Than You Think
At the time you took on that student loans debt or opened that credit card account, you vowed to be financially responsible. Each payment would be made on time. You would never borrow more than you can afford to pay back student loans. Then life happens, and you now find yourself under a mountain of […]
These Five Myths Can Keep You In Student Loan Debt Longer
Everyone wants to be financially stable and free of debt. There are many financial dos and don’ts that people assume are always right, but unfortunately, that’s not the case. Blindly following financial rules of thumb is never a good idea. Doing so could actually put you into more debt than you are already in. These […]
How to Put Your Student Loan Tax Credits to Work?
You’ve worked hard to make payments on your student loan debt all year. Now it’s time to take advantage of the tax credits available when filing your tax return. The credits ultimately reduce your taxable income, simply because you paid for interest on your qualified loans or related educational expenses in the prior year. According […]
Presidential Candidates’ Outlook on Higher Education
As the state primaries continue, it’s important to pause and take a look at where each candidate stands on higher education reform. The four candidates that have shared detailed plans include Jeb Bush, Hillary Clinton, Marco Rubio, and Bernie Sanders. The candidate’s proposals include recommendations on federal student loans and grants, college accountability, tuition fees, private […]
As Student Loan Debt Soars, Some Students Fear the Future
Graduating high school was once considered something for which to look forward. Students dreamed of the freedom college offered, and prospects for the future danced in their heads. But these days, with student loan debt at an all-time high, this is no longer the case. According to The State Press, Arizona State University’s online publication, many […]