FINANCES AFTER FINALS

Total Outstanding Student Loan Debt

1.5

TRILLION

Average Student Loan Debt Per Borrower

$ 0

(Class of 2016)

Percentage of Borrowers in Default

10.7%

(90+ Days Past Due)

Recent Posts

Rates are Rising: A Good Time to Consolidate?

Rates are Rising: A Good Time to Consolidate?

Current Balance: $28,638     In the past few months the Fed has continued to raise borrowing rates. Because of this...
Read More
Free Money Fridays: 401(k) Match

Free Money Fridays: 401(k) Match

In this edition of Free Money Fridays we dive into 401(k) employer matching. When I started my current job, our...
Read More
How often do you look at your loan balance?

How often do you look at your loan balance?

Current Balance: $28,729.43How often do you look at your loan balance? Every day? week? only when a payment is due?...
Read More

Latest News

September 25, 2018

Student Loan Forgiveness Program Rejects 99% Of Applicants

Here's a shocking statistic: 99% of people who applied for public service loan forgiveness have been rejected. Here's what you...
Read More
September 21, 2018

Kevin O’Leary shares his No. 1 piece of advice for paying off student loans

More than 44 million Americans currently have student loans, and Americans held nearly $1.38 trillion in student debt at the...
Read More
September 18, 2018

How to pay down your student loans without sacrificing retirement savings

If you have student loans, watch out. Your retirement wealth may be reduced. College graduates who have student debt have...
Read More