I’ve increasingly received emails from borrowers in their 60s and even 70s who owe more than six figures of student loans. They want to retire, but they think they’ll never be able to afford to. Some …
Federal ONE IBR vs PAYE & REPAYE
There seems to be renewed momentum in the House for passing the Prosper Act, and even if it never comes to fruition, I think it’d be fun to show how this new Federal One IBR program it would create …
3 Family Financial Mistakes to Avoid for Grad School
Some folks are blessed with family who have more than enough financially. It’s only natural that parents, grandparents, and spouses who love you would want to help with the cost of your education in …
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Are Student Loans Good Debt or Bad Debt?
Wondering if your student loans are good debt or bad debt? If you had $50,000 of credit card debt without enough cash to pay it off, you might feel sick to your stomach. If you had a $500,000 loan on …
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House GOP’s PROSPER Act Would Eliminate Student Loan Forgiveness
I've read through the 500+ page bill the House GOP introduced that would totally change everything we know about borrowing for grad and professional school. It's called 'Promoting Real Opportunity, …
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Extended and Graduated Repayment Plans are Terrible
In almost every circumstance where you have student loans with over 5% interest, the Extended and Graduated repayment plans are a bad idea. However, if you look at the stats from the federal …
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