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

October 4, 2018

What to Know About 401(k) Benefits for Student Loan Payments

FOR MANY BORROWERS, repaying student loans is tough work. But achieving those debt payoff goals while fully funding a retirement savings account...
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October 1, 2018

Mark Cuban: ‘If you use a credit card, you don’t want to be rich’

"Cut up your credit cards. If you use a credit card, you don't want to be rich," the "Shark Tank"...
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September 27, 2018

National Student Loan Cohort Default Rate Falls

The U.S. Department of Education (Department) today announced that the Fiscal Year (FY) 2015 national federal student loan cohort default...
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