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

Part 3 – Reaching Your Goal

Part 3 – Reaching Your Goal

Current Balance: $29,864.74Part 3 of this series on creating your plan to pay off you loans will focus on how...
Read More
Part 2 – Reaching Your Goal

Part 2 – Reaching Your Goal

Current Balance: $29,851.56 If you reviewed Part 1 of this series you should have an amortization schedule that looks something like...
Read More
Part 1 – Reaching Your Goal

Part 1 – Reaching Your Goal

Current Balance: $29,842.77 Once you’ve set your goal, i.e. targeted date, to pay off your school loans. how do you...
Read More

Latest News

November 5, 2018

10 Biggest Student Loan Repayment Mistakes

Many Americans are still paying off student loans after age 40, according to a recent survey by Credit Karma, a personal finance...
Read More
October 31, 2018

The public service loan forgiveness fix isn’t going well

Nearly 90 percent of applicants for the so-called temporary expanded public service loan forgiveness program have been denied, according to...
Read More
October 24, 2018

Starting a business is hard. With student debt, it can be impossible

A person with $30,000 in student loans is 11 percent less likely to start a business than a person who...
Read More
1 2 3 6