Dade Medical College to CLOSE DOORS
The for-profit school Dade Medical College and the University of Southernmost Florida are to CLOSE DOORS, effective immediately. The announcement was made on October 30, 2015, that they were stopping all operations and instruction at their eight locations across the State of Florida. Approximately 2,000 students around Florida were affected. With the high cost of tuition, many students […]
15 Disney Faces on Student Loan Payments That Everyone Can Relate to
1. When it hits you that you have exactly six months before you have to ADULT and start making student loan payments. Disney 2. Time flies and suddenly your first payment is due :O. Disney We can help you find out if you qualify for loan forgiveness and lower payments. 3. When you see ALL THAT MONEY […]
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 […]
What are Defaulted Student loans?
Defaulted on student loans is when you stop making your loan payments. Sure, there are times late payments are made, but not making any payments places you in default status. Unfortunately, there are serious consequences when defaulting on a student loan. The school you attended guaranteed the loan. Whether you have a private loan or […]
Can Paying off Your Student Loans Lower Your Credit Score?
Believe it or not, paying off your student loans completely can actually lower your credit score. Millions of people are in debt with student loans. The government kind of went a little trigger-happy in regards to student loans. Higher education is supposed to be a desirable investment, so the government decided to give just about […]
Unpaid Student Loans Can Cost You Your Job!
A hospital in Tennessee found itself grossly understaffed when they had to send 40 nurses home in one day because they all lost their licenses to work due to unpaid student loans. A lawyer in New York got stripped of his license for the same reason. All of these people have defaulted on their unpaid […]
First-Year College Students Fail Literacy Tests
Of all the life skills that someone entering adulthood could lack, that financial literacy tests tend to hit hardest. Higher One and EverFi came out with a report called “Money Matters on Campus.” They felt an alarming disconnect between adults who were taking out loans for college and the skills needed to handle it. The […]
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 […]
How Student Loans Are Ruining Students and Taxpayers Alike
Our national debt is growing at a phenomenal rate. We are already at $1.2 trillion and counting. Time doesn’t seem to be solving the issue. Every year, the issue as a whole appears to be getting worse and worse. The graduating class of 2014 has average student loans debt of over $33,000. The 2015 numbers […]