With an estimated 15% of student loan holders in default at any given time, the question that often comes up is “What happens if you don’t pay your student loans?” This question is nothing new when it comes to higher education debt. However, it does seem as though the uncertainty of repaying student loans for …
What Happens if You Don’t Pay Your Student Loans? Read More »
Student loan debt has now reached a total of over 1.7 trillion dollars. Although there are several different re-payment options associated with student loan debt, the standard repayment schedule is generally presented as 120 months or 10 years. However, the true student debt average re-payment period for a bachelor’s degree today takes just over 21.1 years …
What Is the Average Student Loan Repayment Period? Read More »
The student loan default rate is estimated on average around 15% at any given time. This number should not come as a surprise with the higher education debt problem now at almost $1.7 trillion. Student loan debt has been on the rise as colleges have historically seen their tuition rates rise at about twice the …
The coronavirus has created some questions on what higher education will look like in the future. It is impossible to predict. However, the pandemic will forever change several universities without question. These transformations are already occurring from a financial and social perspective. Furthermore, traditions and admission policies for colleges are being modified to manage the …
With the rising cost of a college education, it can be challenging to come up with the money to pay for higher education. Student loans, grants, scholarships, and college savings plans can all help with financing a college education. However, sometimes even with several different funding sources there just never seems to be enough money …
Don’t Take a Home Equity Loan for a College Education Read More »
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