When you take out student loans for school, you enter into a contract with the financial institution you’ve chosen to borrow from. However, if you don’t build an understanding of that contract, you are at a disadvantage once it comes time to pay back the loans. You’ll...
Employer-Based Student Loan Repayment News
Excessive student debt is a growing trend in America. In 2020, 47 million Americans owed a collective $1.7 trillion in student loan debt, a number that continues to rise every year. With student debt at an all-time high, the financial pressures faced by many young...
How to Pay Off Your Student Loan Faster: Simple and Easy Tips
If you are reading this, you likely figured out how to finance your college education. Hopefully, you are the proud owner of a degree and, unfortunately, a significant amount of debt. Just so you know, you are not alone. According to Make Lemonade, more than 44...
New Legislation Signed in NJ to Promote Transparency for Students and Improve College Affordability
Originally Published by Office of the NJ Governor Acting Governor Sheila Oliver, joined by Higher Education Student Assistance Authority Executive Director David Socolow, Department of Banking and Insurance Commissioner Marlene Caride, and Deputy Secretary of Higher...
The Best Options for Eliminating Student Loan Debt
Every year, students graduate from college and university with mounds of student loan debt. With the rising cost of tuition, textbooks, and room and board, this debt can amount to thousands, tens of thousands, and even hundreds of thousands of dollars. Young graduates...
How to Organize Your Child’s College Budget
If you have a child heading off to college this fall, your to-do list is probably jam packed with items you need to buy and paperwork you must fill out. However, before you send your child off to school, make time to sit down and create a college budget. Regardless of...
4 Financial Tips for College Grads
The day is finally here! You have your cap and gown and a job offer waiting as soon as you cross the stage. All your dreams are finally coming true. Many college students find an uncomfortable reality waiting for them after they leave the “ivory tower”: student loan...
Prevent These College Student Money Mistakes
Going off to college can be exciting. It’s the first time most people are out on their own. Legally, college students are adults and can make their own financial decisions … and mistakes. Unfortunately, they don’t have the life experience to understand the long-term...
Pay Your Tuition Without Increasing Student Loan Debt
College is expensive, and tuition is only part of the cost. Parents and students often discover that textbooks, living expenses and unexpected bills quickly add up to much more than they planned. Students turn to student loans to pay for their education and end up...
How to Save Money When You’re in College
Do you feel like you’re frequently worried about money? If you’re a college student, you’re not alone. A recent Ohio State University study found 70 percent of college students worry regularly about how they will pay for school and still meet their other financial...