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Student Debt

Latina Equal Pay Day 2021 and How Latinas Can Prepare Financially

Today is Latina Equal Pay Day. Here is an overview of what it is and tips for Latinas to prepare financially.

Navient Ends Contract to Service Federal Student Loans

Navient, the student loan servicer responsible for managing approximately $237 billion of private and federal student loans, announced this week that it will end it’s contract to service federal student loans.

How To Budget A Vacation While Having Student Debt

Further, if you have student debt, that shouldn’t prevent you from going on vacation! It is important to budget accordingly though so that you don’t overspend.

Student Loan Pause Extended to January 31, 2022

The Biden administration has extended the pause on federal student loan payments until January 31. The 0% interest and $0 payment relief was set to expire September 30 for an estimated 42 million Americans with federal loans.

15 Employers That Offer Student Loan Benefits

Even though the amount of student debt is increasing yearly, only 8% of employers have incorporated student loan benefits into their compensation package.

Financial Literacy Month-- The Best Resources, Books and Podcasts

Personal finance doesn’t have to be confusing. For financial literacy month, we want to help you understand the fundamentals of finance so you can learn how to manage and grow your money.

How to Take Action on Student Loan Forgiveness

The student debt crisis is a consistent pain point for millions of Americans. With over 45 million Americans drowning in student loan debt and the recent COVID pandemic that led to the highest job loss since the Great Depression, forgiveness would undoubtedly help millions of people.

How Snowball Wealth Motivated Me to Start My Financial Journey

I started taking my finances seriously about two years ago when Snowball Wealth opened its beta program. Since then, I have paid off my credit card debt and am on my way towards building generational wealth.

Learn How This Millennial Went From Emotional Spender to Homeowner

I grew up with a single mother who was always in debt and worried about finances, so I didn’t know how to manage my money for a while. I’m still learning how to manage my money, but I am proud of the progress I’ve made so far.

How Do Income Driven Plans Work?

An IDR plan might be able to get you the lowest monthly payment on your student loans, so your payments can be affordable with your current income.

How Borrowers Can Qualify for Student Loan Forgiveness

Student loan forgiveness sounds like an unfeasible option, but some programs can help borrowers pay for all or some part of federal student loans.

How I Lost Money to Student Debt Scammers and the Red Flags to Look Out For

It was a mistake that cost me money, and I hope that by sharing my story, people will be cautious of student debt scammers.

$160K in MBA Debt and How I’m Managing It

I had to figure out the loan journey myself, and didn’t know anyone from a similar background to me who I could ask about how they financed their business school journey. So, I hope to help those on their debt-free journey.

Breaking News: COVID Relief Extended Until September 30, 2021

President Biden signed an executive action on Wednesday, requesting the Education Department to extend COVID relief for about 41 million federal student loan borrowers through September 30, 2021.

Student Loans: What is the difference between Deferment and Forbearance?

The biggest difference between them is that forbearance typically accrues interest and deferment typically does NOT accrue interest.

30+ Tuition-Free Colleges To Avoid Student Loans

The cost of attending university is increasing every year, and people are becoming more strategic about where they go.

Celebrities That Have Actually Paid Off People's Student Debt

Have you ever thought of tweeting a celebrity to pay your student loans? Well, it sounds pretty unbelievable, but it has happened!

Stimulus Bill Does *NOT* Include Payment Pause Extension for Student Loans

Congress approved a new stimulus bill. The bill now heads to the White House, where President Trump is expected to sign it into law. One thing that surprised us –– the stimulus bill won’t extend the payment pause and 0% interest for federal student loan borrowers.

Living with Family to Pay Debt, Save Money and Buy a Home - My Money Story

My biggest struggle right now is making sure I'm saving and learning about my own future retirement while working towards helping my parents become homeowners.

How can you prepare if COVID relief ends for student loans?

There is a lot of uncertainty regarding COVID relief –– will it be extended again? For how long? What should I do in the meantime? We’ve gathered some information to help you!

Snowball vs. Avalanche Methods in Paying off Debt

You can use a combination of the Snowball and Avalanche method. At the end of the day, paying off debt requires consistently contributing to decreasing that amount!

Going from Negative to Positive Net Worth - My Money Story

“We have our diploma, but we’re all going back to live in our childhood bedroom, unemployed, with no job prospects.” It was a daunting time for us college graduates then, much like it’s a daunting time for people looking for work today.

Breaking News: COVID relief extended until January 31, 2021

COVID relief for federal student loans has been extended until January 31, 2021. Here is everything you need to know.

How to Build Up Your Savings Even If You Have Debt

People tend to feel like they are stuck in a cycle where they barely make ends meet every month when their expenses exceed their income. It can be extremely discouraging when this happens, so I suggest looking at your income first.

Laurel Road Student Loan Review

Laurel Road refinances student loans specifically for medical and dental residents. The great part about Laurel Road is that you can refinance in all 50 states.

CommonBond Student Loan Review

CommonBond is an online lender that offers student loan refinancing and private student loans. Their long forbearance period is perfect for borrowers who need flexible repayment options. The best part is that they fund a child’s education for every loan you take out and have one of the most generous policies on stopping payments!

SoFi Student Loan Review

SoFi is a great option if you are looking to work with more modern customer service and want a strong career and network programs. It is ideal for the borrower with high income because they offer low rates.

Student Loans and the 2020 Election

The 2020 election is upon us, and even if you don't like talking politics, you should at least know what the candidates want to do about your student loans.

First Republic Student Loan Refinancing Review

First Republic offers a personal line of credit- similar to refinancing a student loan. First Republic has competitive rates for strong candidates and looks to form a long-term relationship.

Lendkey Student Loan Refinancing Review

LendKey does all the hard work of searching for the best lender so you won’t have to. They pair you up with different offers and all you have to do is choose which bank or credit union is the best option for you. LendKey is great for those who want to work with local institutions and have strong customer service.

Earnest Student Loan Refinancing Review

Earnest is an online lender that helps borrowers stand out by taking into account their earning potential and current financial accounts. Earnest is best for those who want more flexible and customizable terms and repayment options.

What does Trump's student loan order mean for my student loans?

Latest information on student loan order and how this affects your student loans

How to Retire Early Making Under 6 Figures (video)

This single mother started off with $20,000 and she is now an early-retired millionaire, hear how she did it.

My Money Story: How I’m Handling $100K in Student Loans

I took out a $20,000 loan my first year and by the time I graduated it was $40,000 since the interest was accruing while I was in school.

My Money Story: Paying off $200,000 in Student Loans in New York

Paying off debt is an accomplishment, not something to be ashamed about... It’s important to balance being frugal with rewarding yourself.

Ways to Relieve Student Debt Anxiety

7 Celebrities who had Student Debt

Celebrities were stuck paying off student loans before they made it big

Job Searching During COVID-19

Student Debt Scammers During COVID-19

What is Student Loan Refinancing and When is a Good Time to?

Refinance private loans as soon as you have good credit and a stable income to get a lower rate and save the most money

Where Can I find COVID Information from my Federal Student Loan Servicer?

We've compiled the links and resources for federal loan servicers and their responses to COVID.

What Student Loans Qualify for the CARES Act?

It’s important to understand what student loans qualify for the CARES Act, as it doesn’t apply to all student loans. So do your loans qualify for these benefits?

What Does the CARES Act Mean for my Student Debt?

On March 27, 2020 the president signed the CARES Act into law. This includes several provisions to provide relief for federal student loan borrowers.

Should You Pay Your Student Loans if You Can?

Federal student loans are in forbearance and are interest-free from March 13, 2020, through September 30, 2020. If you have job stability and feel you are in a good position you may be wondering: Should I keep making payments to my student loan?

List of Federal Student Loan Servicers and Their Phone Numbers

For when you need to contact them, here is a list of federal student loan servicers and their phone numbers

Cheat Sheet of Resources for COVID-19

Coronavirus Briefing: What Resources You Need to Check

What Coronavirus Means for your Finances

By now, you’ve heard the 24/7 news alerts about the coronavirus and its quick spread across the globe. Besides the risks to your health, an epidemic will also have an effect on the economy and your money.

Debt Unicorns: How These 4 People Paid Down Student Debt Really Fast

Inspiring and detailed research on how these people paid down their debt really fast.

How Student Debt Creates Anxiety

How Student Debt Creates Anxiety

Student Debt Scams Revealed

Scammers are targeting borrowers and promising to erase their student debt or lower their monthly payments. Do not fall for these scams! Here are some ways to spot a scam call and what to do if you fall victim to one of these scams.

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