Why You Shouldn't Pay Off Your Student Loans

Student loan debt can be an incredible burden, and paying off your balance sooner than later is an admirable goal. However, there may be times when paying off your student loans early doesn’t make sense. Depending on what your plans are and your current financial situation, here are a few situations where it may be better just to pay the required amount every month and nothing more.

Read More

Featured Articles

Check out the Hot Topics we have covered recently.

How to Get a Disability Discharge of Your Student Loans

Borrowers who have a severe disability that prevents them from engaging in substantial gainful activity or renders them unemployable may qualify to have their federal and private student loans forgiven. The disability discharge process is somewhat complicated. This guide will help you understand the steps you need to take to qualify for a disability discharge of your student loans.

Read more
Total Student Loan Debt Outstanding

There is a total of $1.6 trillion in student loan debt outstanding, owed by 45.1 million borrowers, as of Q1 of 2019. Total outstanding student loan debt demonstrates linear growth and will reach $2.0 trillion by the end of 2023 or beginning of 2024, if current trends continue.

Read more
Should You Refinance Federal Student Loans into Private Student Loans?

Student loan refinancing offers lower interest rates, better repayment terms, and consolidated payments. But refinancing is not for everyone. Consider the pros and cons of refinancing federal loans into private student loans carefully before moving forward.

Read more
College savings rewards credit cards

Several credit cards offer cash back to help families save for college. These credit cards automatically contribute the cash rewards to linked 529 college savings plans. Each 529 credit card has a different percentage cash back and a different set of linked 529 plans.

Read more
See more articles