Student loans: The more you learn about them, the more questions that seem to crop up. What’s the best way to get out of student loan debt? Can I simplify my monthly payments? Whom do I talk to about all this? […] Read more
Students who started at public four-year colleges in 2008 and took a fifth year to graduate paid an extra $18,598 in out-of-pocket tuition and student loan costs on average, according to a NerdWallet study. Plus, they sacrificed a year of entry-level income — $46,355 on average — and around $82,074 in lifetime compounded retirement savings.
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College costs are going through the roof. The average four-year private college now runs nearly $44,000 a year, including tuition, fees, and room and board. For many people this will be the biggest investment they make and, for some, the one with the highest return — if planned for carefully. […] Read more
High school seniors left as much as $2.7 billion in free student aid on the table in the last academic year, according to a NerdWallet study. Part of that cash is missed because of errors students are making on their Free Application for Federal Student Aid forms. Here are some of the most common FAFSA mistakes, according to financial aid experts and the U.S. Department of Education. […] Read more
Student loans are complicated, and if you don’t understand how they work, you could end up with more debt than necessary. Follow our basic guide to understanding student loans to navigate the process confidently from the start. […] Read more
Almost all parents can benefit from understanding their options before their children apply. Let’s explore the two different types of financial aid. […] Read more
Student loan forgiveness is a seductive promise for borrowers weighed down by thousands of dollars in debt. But take caution when a website says you can “have your loans discharged,” or when an ad on the radio urges, “Call us today to qualify for loan forgiveness.” […] Read more