Embrace your scars. When you have something to offer you'll be sought. The person who wants something least holds the stronger position. Living the dream is never giving in to adversity -- hold ground, then bounce back.
Even though the job market for new college graduates is better than it has been in recent years, there is still a vast amount of unemployment and underemployment among college graduates.
We have graduates every day speak with our customer care about their student loan refinancing options and how they can get the most out of their student loans. After listening to our customers, we came up with this list of some best practices and things to consider if you are seeking student loan help.
In California, we're talking a lot about the water drought. But we have another kind of drought that's been plaguing our state. Our "educational aqueduct" is also running on empty and is an inadequate resource.
Everyone buried in student loan debt wants one simple thing: to be debt free. Simple as that. Even better if someone could just "wave a magic wand" and the debt would disappear. Too bad it doesn't work that way... unless you find a student loan forgiveness program.
If you have extra money to put towards your loans, you might be wondering what the best course of action is. People typically choose to divide the extra amount of money between different loans, but there happens to be two ways to tackle your debt.
If you are paying back a student loan, you might be confused about some of the terminology. Understanding these terms can help you manage your debt and learn where your money is going each month.
Now, Upstart acts more as a lender and issues personal loans that can be used by the borrower to pay off outstanding debt, help fund your education or pay of your student loans.
Stories will focus on students' heavy debt burdens and poor job prospects, and call the investment in higher education a failure. Young grads do face difficult challenges, but the problem is not that their "investment" doesn't pay off.
The Consumer Financial Protection Bureau has released a document that is critical of student loan servicers. It must have been an easy document to write, because, for the most part, student loan servicers suck donkey balls, with all their bad information and horrible advice to consumers. But here are the big items where the CFPB says student loan servicers are really, really horrible.
After the sub-prime mortgage crisis, it was necessary to find a villain. For the left, it was greedy bankers foisting inappropriate loans on unsophisticated and inexperienced borrowers.
If you're a working professional and you're using social media to connect with friends, colleagues and business opportunities, then you need to be aware that your posts, updates, tweets and pictures can impact your financial future.
It turns out that recent graduates are not the only ones being hammered by large amounts of student loan debt. More seniors than ever before are heading into retirement still paying off their student loan debt.
If you've earned a graduate degree and want to go into a line of work that makes the world a better place, congratulations! You may be eligible for Federal Loan Forgiveness. However, these programs are very specific and not for everyone.
With the student loan refinancing market expanding, there are many lenders willing to refinance and consolidate your student loans. Lenders come in all sizes, from big banks to newly emerged peer-to-peer lenders. Wells Fargo is the most notable of big banks that will consolidate your student loans. Here is a deeper look into a consolidation with Wells Fargo.
I believe the rule of thumb is to not take out more in student loan debt for an education than you expect to earn as an annual salary. However, none of this matters now, so I won't go on with scolding. You may regret the amount you have taken out for your education, but never regret having received a quality education.