Lauren Graves is a midwest-based freelance writer specializing in personal finance and education. A University of Michigan graduate and former teacher, she values the importance of education but knows that money often gets in the way. Because of this, she wants to make the financial side of college more manageable for as many students as possible so that they can spend less time worrying and more time taking action and doing what matters. After work, Lauren is probably either reading or cooking with her Westie at her feet.
Difference Between Student Loan Forgiveness and Discharge
If you’ve ever wondered what the differences between student loan forgiveness and student loan discharge are, you’re not alone. These words are often confused because they all have the same translation: you don’t have to pay back some or all of your student loans.
Does Being a Cosigner on a Student Loan Impact My Credit?
Any time you are extended a new line of credit, your credit is affected. Cosigning on a student loan qualifies as being extended a new line of credit, so being a cosigner on a student loan does in fact impact your credit. Here is what you need to know about your credit and cosigning a student loan.