It’s understandable why there is a strong sentiment to just cancel student loan debt, and this idea is growing in popularity. But is canceling student loan debt really the proper path to take? Will it actually solve anything in the long-term? As a financial coach, I say absolutely not. Before I get into this, I … Continue reading Cancel Student Loan Debt: A Financial Coach’s Perspective
Tag: student loans
Student Loan Servicers Are Changing; Here’s What You Need to Know
The Department of Education announced that it is signing new contracts for the federally insured student loan program. They will not renew contracts with current student loan servicers and will have new companies take over the management of your student loans. This could mean some changes to your repayment plan, so pay attention to this … Continue reading Student Loan Servicers Are Changing; Here’s What You Need to Know
Student Loans Are The Only Way to Pay for College?
Let's face it folks: no matter who you are, it's easy to see that the student loan situation is simply out of control. (Well, unless you're Sallie Mae or Navient). With all the student loan propaganda thrown our way, it's no wonder so many people believe that student loans are the only way to pay … Continue reading Student Loans Are The Only Way to Pay for College?
Should I Apply for the Public Service Loan Forgiveness Program?
As most of my clients now know, I am pursuing my Juris Doctor degree and completed my first year in May 2020. As I was in the process of applying to law schools, I came across the Public Service Loan Forgiveness Program. It seemed to be a great idea at first: serve at qualifying non-profits … Continue reading Should I Apply for the Public Service Loan Forgiveness Program?
5 Ways to Go to College and Graduate School Debt-Free
One of the common beliefs in our culture about post-secondary education is that it is impossible to go to college or graduate school debt-free. My friends, that's a lie that does not have to define your life. Quite simply, that's nonsense. There are plenty of ways to cash flow and fund your education without sacrificing … Continue reading 5 Ways to Go to College and Graduate School Debt-Free
