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

September 7, 2018

How the Great Recession turned America’s student-loan problem into a $1.5 trillion crisis

The Great Recession helped push student debt passed $1.5 trillion, up from about $671 billion at the beginning of 2008,...
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September 6, 2018

The Worst States To Be In If You Have Student Debt

Aside from mortgages, student loans make up the largest portion of household debt for Americans, ballooning to a jaw-dropping $1.41...
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August 31, 2018

Student Loan Debt Can Be a Dating Deal Killer

There's someone for everyone, but not everyone is interested in dating someone with a large amount of student loan debt,...
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