Kristen Kuchar is Managing Editor and Content Strategist for Savingforcollege.com. She has covered personal finance issues with a focus on student loans and college savings for the last decade for a wide variety of publications. Kristen is passionate about creating content that eases the stress of paying for college and managing student loans. She graduated from Columbia College with a B.A. in Journalism.
Elizabeth Warren Confronted Over Student Loan Proposal by Father Who Saved for College
Senator Elizabeth Warren was confronted by an angry man this week in regards to her proposal to eliminate student loan debt. The father of a current college student said he had worked double shifts, diligently saving for college, so he could pay for his daughter’s education without the need for student loans.
How to Borrow Student Loans Responsibly
When you hear about the student loan crisis and the more than a trillion dollars of student loan debt, it is likely you could be scared to borrow student loans. While a debt-free education is ideal, in many cases, student loans are necessary to pay for college (more than two-thirds of college students graduate with student loan debt). There is a positive side to student loans. If you borrow smarter, loans help you earn a college degree, which could result in a bigger income, more job security, a ticket to a career you love and enough money to repay your student loans.
Borrowing or Refinancing Private Student Loans with LendKey
LendKey offers private student loans for undergraduate students, private student loans for graduate and professional students (such as private student loans for medical school, business school, law school and dental students), and private parent loans. LendKey will also refinance student loans.
How to Lower Your Student Loan Payments
Student loan borrowers pay an average of almost $400 per month to repay their debt. Depending on how much you borrowed to pay for college, that number could be in the thousands for the 2.5 million borrowers with a six-figure debt. Whether you are struggling to make payments or simply want to free up money for other financial goals, these are ways you can lower your monthly student loan payment.
Why Student Loans are Causing Marriage Problems (and How to Avoid This)
Dealing with student loan debt can cause anxiety and stress, and relationships are certainly not immune. In fact, student loan debt is to blame in one in eight divorces and fighting about money is the second leading cause of divorce. Learn why student loans are causing relationship problems and how you can avoid this.
Free Tax Return Filing for College Students and College Graduates
Filing taxes for college students and recent graduates can feel overwhelming, but it’s an important task. There are many credits you may be able to take advantage of as a college student or recent college grad, including the Student Loan Interest Deduction, American Opportunity Tax Credit (AOTC) and Lifetime Learning Tax Credit. Fortunately, most college students and recent college graduates have simple returns, and there are free options for filing taxes for simple returns.
How to Get an Emergency Student Loan
College students can receive an emergency student loan in the event of an unforeseen disaster – a death in the family, loss of job, accident, auto repairs, unexpected loss of funds or a natural disaster. Many colleges offer the opportunity for currently enrolled students in good standing to receive a short-term emergency loan if they are experiencing a financial hardship.
Borrowing or Refinancing Private Student Loans from SoFi
SoFi offers private student loans for undergraduate students and graduate students. SoFi also offers private parent loans and will also refinance federal and private student loans. Learn is SoFi is the right student loan refinance lender for you.
How to Make this the Year You Pay Off Student Loans
Getting out of debt regularly ranks in the top three most popular New Year's Resolutions every year. And it's for good reason. Debt, especially student loan debt, cause stress and delay borrowers from reaching other financial goals, such as buying a home or saving for retirement. Instead of just accepting your student loans, make this the year to pay them off for good (or greatly reduce them). Here's how to make this the year you pay off student loan debt:
How to Help Your Children Reduce their Student Loan Debt
Saving for college is the best way you can reduce student loan debt. But with more than three-quarters of Americans living paycheck to paycheck, sometimes saving for college seems out of reach. Regardless of your income, you can help your kids reduce the amount of student loans they will need to borrow.
What Buddy the Elf Can Teach Us About Saving Money and Tackling Debt
Whether you’re trying to pay off student loans, save for your child’s college education or simply want to improve your finances, the holiday season can be a challenging time of year. Luckily, we can learn valuable financial lessons from a favorite holiday movie, Elf. Despite living in one of the most expensive cities in the world, Buddy the Elf manages to display great financial moves to inspire us all. Here are five ways Buddy the Elf can teach us about saving money and tackling debt.
70 Ways to Pay Student Loans Faster
Paying off student loan debt can seem daunting, especially when your minimum payments aren’t making much of a dent. To reduce student loans faster, there are several paths to explore, most of which involve freeing up more money to make bigger payments. You can earn more money, reduce spending, manage your loans better and even find someone else to repay your student loan debt. We have more than 70 ideas to start paying down student loans today.
What Can I Pay for with Student Loan Money?
If you have borrowed student loans, you may be wondering what exactly you can use that student loan money to pay for, besides tuition and fees. Can you pay for living expenses with student loans? Can you buy a new car with student loan money? Can you use student loan funds to pay for rent or buy a new computer? Here’s what you need to know about what you can do with student loan money.
How to Sell Your Stuff to Help Pay Down Student Loans
Dealing with student loan debt can be overwhelming, especially if you’re struggling to make payments or just making the minimum payment every month. If you’ve made your budget and still don’t have money to put towards your debt, it’s time to find ways to make extra money. One way to get out of student loan debt faster is to sell your unwanted things for extra cash.
Gift Ideas for People with Student Loan Debt
We buy gifts for the people we love around the holidays because we want to give them something to make them happy and improve their life. If you have someone in your life that's dealing with student loan debt, you know the burden they carry. Instead of giving them a sweater or a picture frame, why not give them something that can help them deal with their student loan debt. These gifts are great for anyone dealing with student loan debt.
How to Give to Charity When You Have Student Loans
Student loan debt can be overwhelming. Studies have shown that carrying student loan debt delays or blocks big purchases, such as buying a car, paying for a wedding or buying a home. When you’re making large student loan payments every month, the idea of donating to charity could seem impossible. Hey, every extra penny needs to go to your student loans, right? But there are ways you can give to charity even when you have student loans.
Why You Should Be Thankful for Your Student Loans
Hearing those two little words – student loans – can make us feel stressed, regretful and overwhelmed. Carrying the burden of student loan debt can truly have a negative impact on your life, including causing anxiety, financial hardship and delaying you from saving for retirement or making other big purchases. The student debt crisis is a serious one, but for some people, there is a bright side to those student loans. Here are some reasons you might be thankful for your student loans.
How to Keep Your Money Safe While Studying Abroad
Studying abroad gives college students an incredible and memorable experience. The fact that some countries offer free tuition and you can use a 529 plan to pay for studying abroad (with some restrictions) is even more of a reason to go. While attending college in a foreign country, you need to be smart with your money.
How to Make a Budget After College
Life after graduation is a drastic change from life in college. Outside of swapping class with an actual grown-up job, the biggest change is your finances. You (hopefully) are earning an income with your first job, but there are several costs that will inevitably increase with graduation, as well. The first step to is to create a monthly budget.
These Countries Offer Free College Tuition For International Students
There are ten countries that offer free college tuition for international students and thirteen countries that offer free college tuition to residents. Sounds pretty tempting, right? Of course it does, especially considering a private U.S. college could cost upwards of $46,000 for four years.
How to Cut College Costs
How to cut college costs is a hot topic whether you’re currently in college, dreading those student loans payments or a parent looking for ways to avoid going broke paying for college. Fortunately, there are ways you can save money on college costs, whether you’re in high school or already on your way to earning a degree.
Small Changes Can Speed Up Student Loan Repayment
Even small changes can help you repay your student loans faster. Student loan debt can feel like a huge weight on your shoulders preventing you from saving money or enjoying life to the fullest. Start these simple steps today to pay down your student loan debt even faster.
How to Reduce Student Loan Debt and Lose Weight at the Same Time
Trying to get rid of student loan debt is a lot like trying to lose weight. Just as with those extra pounds or other unhealthy habits, the student loans you carry didn’t just appear overnight. Making a positive impact on your student loans and your health won’t happen that quick either. Both take patience, dedication and clear goals. Fortunately, here’s how you can save money and reduce student loan debt and lose weight at the same time.
Can You Pay Living Expenses with Student Loans?
College students can pay living expenses with both federal and private student loans. This is a relief for many, since the cost of attendance includes much more than just tuition alone. Student loans can pay for rent, food, health care and even a computer, but it’s still important to borrow wisely. Learn what you can and can't pay for with student loans.