The cause of much of the student loan debt, according to IonTuition, has been the reauthorization of the Higher Education Act, which since the 1990s, has qualified all Americans for student loans, regardless of income. In addition, the law permits … Continue reading
Businessman Shaking Piggy Bank Today, most lawyers want to achieve three financial milestones in their lives: paying off student loans, buying a house, and saving for retirement. But with an unpredictable stock market and increasing costs for education …
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It took almost a decade, but total household debt – including more than $1 trillion in auto loans and leases combined, plus mortages, credit cards, and student loans – recently passed its recessionary peak back in 2008, according to a … Continue reading
One facet of higher education finance has not changed, however: the inability to discharge your student loans in bankruptcy.
Dealing with student loans is tough. Dealing with student loans while raising a family is a whole other level. While not a father myself, I can empathize with the laser-sharp money management skills it must take to raise a family … Continue reading
If you work in one of the following careers fields or are considering doing so in the future, you could get some or all of your student loans forgiven. Keep in mind you may not qualify for forgiveness even if … Continue reading
When many people think of defaulted student loans, the image that first comes to mind is of a young person not long out of college.
Under a program known as Public Service Loan Forgiveness, some student loan borrowers were supposed to be able to have the balance of their student loans forgiven after ten years of both on-time payments and eligible work in the public … Continue reading
Some careers – such as physicists, surgeons and dentists – can generally expect a six-figure salary that can ensure their student loans are affordable; however, those pursuing more public service-oriented fields, such as teachers and public defenders …