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

Avalanche vs. Snowball Method: Which is Best?

Avalanche vs. Snowball Method: Which is Best?

Current Balance: $29,829.58 When I chat with people about how to pay off debt, they almost always end up falling...
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Looking at Repayment Options

Looking at Repayment Options

Current Balance: $29,812.02 Once your school financial aid counselor gives you your loan balance, they will likely go over some repayment...
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Why This Blog?

Why This Blog?

Current Balance: $29,800                                              A few months ago I had two friends share their struggle with student loans. In both instances, their...
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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...
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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...
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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...
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