Everything you need to know about college and finances, including student loans.
You’ve graduated college, now your student loan forbearance or “grace period” will end soon and you don’t know how to formulate a payoff strategy.
For those who don’t know where to start, below are 4 tried-and-true strategies to help jump-start your loan payoff…
A resume is essentially a document for selling your skills and work experience.
However, if you directly jump to the work experience section from your name and contact information, recruiters will lose interest in your profile and it will leave a bad impact. Therefore, it is necessary to come up with a good introduction for a resume or CV (Curricula Vitae).
We all know the importance of the competencies and work experience section for a resume. But do we ever place the same importance on writing a good introduction? The answer is usually no.
This is one of the reasons why even a well written resume and a deserving candidate get no response from the recruiter.
A good introduction to a resume is as important as dressing well is for an interview…
Should you save for your children’s education?
A better question is “should you invest for your children’s education?”
There is a simple cut and dry answer here…it depends…it’s really up to you.
Did I say cut and dry? Forgive me.
You are not obligated to pay for their college. It’s not your responsibility as a parent.
However, it is nice to be able to help them out. Here are the best ways to do it…
Are your student loan payments too much to handle?
Don’t worry, because you’re not alone.
As of December 2012, only 54% (20 million) student loan borrowers, out of 37 million were actively repaying their student loans.
If you’re overwhelmed by your student loans and need to lower your monthly payments, here are 5 student loan repayment programs that can help:
As of 2012, the average amount of student debt accrued by graduating students reached nearly thirty-thousand dollars.
For these graduating students, debt is a fact of life that they’ll be dealing with for around a decade after leaving their old alma mater.
Student debt can be prohibitive for many students, and the snowballing interest of forbearance makes it a highly unappealing option.
However, there are ways to brace yourself, or avoid payment entirely, by planning ahead when it comes to how to manage student debt before it becomes a problem.
Here are three strategies to consider when a future of student loan payments is just around the corner…
Do you save for your children’s education?
Or do you plan to start?
If you think it’s important to help your child with college expenses, you are in luck, because you have some options.
One of the most common ways to save for education is through a 529 plan.
A 529 is like an IRA for education.
Let’s see how a 529 can help you…
I just published an awesome guest post, which was an inspiring story about working full-time while paying for college.
I think it’s only appropriate that I follow it up with an awesome infographic about the debt of college.
If you are considering college, you will most likely incur some degree (no pun intended) of debt.
This is the question we face: Is the degree worth the debt?
It’s a black and white answer. The answer is yes.
Well…sometimes it’s yes…other times it may be no.
Did I say black and white? What I meant was…
Higher education is a goal for many, but not everyone can afford to cut back on work hours to make it happen.
Even the hefty price tag of a degree these days is enough to deter people from chasing after their dreams.
I was an average 20-something year old who desperately wanted a graduate degree, but faced the same challenges with finding the time and finances to make it happen.
Here is how I successfully juggled working a demanding full-time job while completing a full-time MBA program in exactly two years…