The market is struggling on Thursday. Unfortunately for SoFi Technologies (SOFI) – Get SoFi Technologies Inc Report bulls, the stock is not sticking out because of its outperformance, like Cost...
Tag: Student loans
We are both doctors but struggle with $472K in student loans. Can we get help?
How to get out of student loan debt Getty Images/iStockphoto Question: I have $237K in loans and my wife has $235K in loans. We are not currently making any payments [thanks to government relief] but ...
‘Going to college ruined my life.’ I have $85K in student loan debt for my ‘useless degree’ but only make $16 per hour. How can I cope?
I would give anything to go back and not go to college at all. It wasn’t worth it. iStock Question: I am 32 and got my associates degree in occupational therapy. I owe $25,000 in federal student loans...
Biden Extends Pause On Student Loan Payments Through August 31
Topline President Joe Biden on Wednesday announced the nationwide moratorium on federal student loan repayments will be extended again, from May 1 to August 31. Federal student loan payments havenR...
I have 4 degrees and owe $197K in student loans. What should I do?
How to get out of student loan debt Getty Images/iStockphoto Question: I am 55 and a mental health therapist. I have $197,000 in student loans that were for four degrees, plus some in Parent Plus loa...
Has the student loan pause done any good?
Two years after the chaos of the pandemic prompted Congress to pause federal student loan payments, new data show many borrowers have used that extra room in the budget to shore up their overall finan...
Shocking Report Show Complete Mismanagement Of Your Student Loans
President Joe Biden (Photo by Alex Wong/Getty Images) Getty Images A new, shocking report shows complete mismanagement of your student loans. Here’s what you need to know — and what it means for your ...
I have $80K in student loans and work 60 hours a week. How can I deal?
How to get out of student loan debt. Getty Images/iStockphoto Question: I’m strapped but want to be free. I have $80,000 in student loan debt. I work 60 hours a week in 12-hour shifts just to make en...
We took out $55K in student loans and 22 years later, the balance has not budged
How to get out of student loan debt. Getty Images/iStockphoto Question: I graduated in 2000 with about $35K in student loan debt. My wife also had about $20K in student loan debt. They were mostly f...
I’m 65 and have $220K in student loan debt. I have a lot of health issues and am only working part-time. Can I somehow erase this debt?
Remember, if you’re having difficulty making payments due to low or no income, you may be eligible for a low or $0 payment by enrolling in an income-driven repayment plan Getty Images/iStockphoto Ques...
My son failed out of school and has $126K in student loan debt. What can we do?
How to get out of student loan debt Getty Images/iStockphoto Question: My son was studying in a pharmacy program and at the end of the last semester, the college kicked him out due to his non-performa...
As President Biden Prepares To Extend Loan Repayment Pause, Governors Address Root Causes Of The Student Debt Crisis
The White House is considering an extension of the student loan repayment pause until 2023, along … [+] with various ways to cancel student debt. getty While members of Congress are calling for ...
I now owe 3x what I originally borrowed in student loans. What can I do?
Borrowers with less-than-perfect credit records face challenges while climbing out of debt, and they can get steeper when you’re older because income tends to plateau. Getty Images/iStockphoto Questio...
I graduated college at 40, but defaulted on my student loans. How can I deal?
How to get out of student loan debt Getty Images/iStockphoto Question: I am about to turn 65 and eligible for Medicare. I have a bachelor’s degree in business and organizational communications and an ...
I took out $30K in student loans, but they now total $96K. How is this possible?
How to get out of student loan debt Getty Images/iStockphoto Question: I’d like to obtain advice on tackling student loan debt. I do not have private loans, and I owe approximately $96,000. I’m so con...
My mom cosigned student loans for my now-disabled sister. How can we repay them?
How to get out of student loan debt. Getty Images/iStockphoto Question: My mom cosigned my sister’s student loan for her online school, but life got in the way for my sister and because of her mental ...
I’m 35 and have $380K in student loans. How to get out of student loan debt fast
Getty Images/iStockphoto Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters d...
Education Department won’t seize tax refunds for overdue student loans
Miguel Cardona, U.S. Education Secretary, at the Queen Theatre on Dec. 23, 2020 in Wilmington, Delaware. Joshua Roberts | Getty Images News | Getty Images The U.S. Department of Education has suspende...
I took out student loans for my now-imprisoned son. I owe $50K. Please help.
From student loan forgiveness to refinancing, some options to consider. Getty Images/iStockphoto Question: I just turned 60 and will probably have to work 20 more years. I currently owe about $50,000 ...
Consumer debt totals $15.6 trillion after a record-breaking increase in 2021
A customer counts his cash at the register while purchasing an item at a Best Buy store in Flushing, New York. Jessica Rinaldi | Reuters Consumers ended 2021 with record levels of debt, leading into a...
‘My husband refuses to pay my student loans.’ Is there some loophole to get him to pay?
How can you get out of student loan debt faster? Getty Images/iStockphoto Question: I am married but unemployed, and my husband refuses to pay my student loans, which I had before we were dating. Do I...
How Canceling $15 Billion In Student Loans Impacts The Racial Wealth Gap
Portrait of a young African American male student wearing a protective face mask and his headphones … [+] around his neck, walking trough the city in a yellow shirt with a backpack, a book and a...
‘This feels very unfair.’ I’m 73 and worked full-time in education. Over 17 years, I made only one late payment on my student loans. I still owe $12K. Can you help?
Getty Images/iStockphoto Question: I’m 73 years old. I took out student loans in 1999 and consolidated in 2004. I have made only one late payment in the 17 years I’ve repaid. I worked full time at two...
Most Student Debt Belongs To High-Wealth Households
getty Discussions of student debt too often neglect the fact that loans are intended as an investment vehicle. Students borrow money to finance an education, which is supposed to confer economic benef...
I’m an attorney with more than $200K in student loans. How should I handle this?
Getty Images/iStockphoto Question: I’m an attorney with over $200,000 in federal student loan debt, and I desperately want to file for bankruptcy on these loans. I’m on an income-driven repayment plan...
I only make $41K a year, but owe $189K in student loans. What should I do?
Advice for paying down student loans Getty Images/iStockphoto Question: “I will owe about $189,000 on my student loans when repayment starts. I’m so stressed. I got let go from my job and lost my apar...
I’m a nurse with $106K in student loan debt. How can I get out of debt faster?
Getty Images/iStockphoto Question: I have a graduate degree in nursing and a stable job, but I’m still $106,000 deep in student loan debt. Recently, when all student loan payments were suspended, I wa...
Navient to cancel $1.7 billion in private student loans as part of settlement with 39 attorneys general
Roughly 66,000 borrowers will see their private student loans canceled — totaling more than $1.7 billion in relief — thanks to a deal between 39 state attorneys general and student-loan giant Navient ...
Do I resist refinancing my $160,000 federal student loan at a lower rate in the hope there will be loan forgiveness? What are the chances it will happen?
I graduated from college in 2017 with more than $210,000 in federal student-loan debt thanks to out-of-state tuition, a master’s program, and not fully understanding this cost at that time. I’ve chise...