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Personal Finance 2021-03-01T20:47:18Z
Best Personal Loans for Fast Cash 4x3

The best fast personal loans for quick cash

Three lenders offer fast personal loans funded in the next business day, but the best one for you will depend on your credit score.
Personal Finance 2021-03-01T20:36:36Z
Best private student loans of 2020 4x3

The best private student loans of 2021

The best private student loans for low interest rates and flexible repayment options are from online lenders Earnest, Ascent, SoFi, and College Ave.
Personal Finance 2021-02-13T13:06:00Z
Nitiya Walker

4 tips to land the college scholarship you need, from an entrepreneur who's helped students raise $8 million

To get more scholarships, keep looking throughout the year, ask for more aid, and start your search at the right college or university.
Personal Finance 2021-02-05T18:26:21Z

Plane tickets and college tuition have something in common: Everyone pays a different price for the same thing

Not everyone pays the same amount for college, says "The Price You Pay for College," and cost depends on factors you can and can't control.
Personal Finance 2021-02-01T16:14:47Z

A couple who paid off $88,000 of student loans in 5 years explain the simple strategy they used to become debt-free

A couple combined the popular debt snowball and debt avalanche strategies to pay off their student loans quickly and with less interest.
Personal Finance 2021-01-21T00:06:06Z

Federal student loan forbearance has been extended through September 30, with payments suspended and interest rates at 0%

Federal student loan forbearance will continue through September 30, with no payments required or interest accumulating.
Personal Finance 2020-12-29T14:22:29Z

A former waitress paid off $6,000 of student loan debt in 8 weeks by following 4 simple money rules

She took out a small loan to get through her last year of college, but it felt like a massive weight once she'd graduated.
Personal Finance 2020-12-22T18:38:00Z

The new coronavirus relief package is out, and there isn't any good news for student loan borrowers from the federal government

Federal student loans remain in forbearance until the end of January 2021, but the new coronavirus relief package doesn't extend that.
Personal Finance 2020-12-07T20:12:38Z

When the pandemic hit, the US government put federal loans into automatic forbearance — but it won't last forever

The CARES Act put federal student loans in forbearance during the coronavirus pandemic, but payments resume on January 31, 2020.
Personal Finance 2020-12-07T18:23:43Z

What to expect when student loan and mortgage forbearance ends

When forbearance ends on your federal student loan or mortgage, be ready to make payments again, and ask your lender how you'll need to pay.
Personal Finance 2020-12-07T16:41:13Z

Federal student loan forbearance has been extended until January 31, 2021. Here are 5 better places to put that money if you aren't using it for bills

With student loans in forbearance, putting the money towards your expenses, emergency fund, or high-interest debt should take priority.
Personal Finance 2020-11-27T15:48:00Z

How refinancing your student loans now could affect your access to loan forgiveness in the future

Consider your options carefully before refinancing — you might not have access to forgiveness in the future.
Personal Finance 2020-11-27T13:57:00Z

How to lower your monthly student loan payment if you're worried about how to afford it when forbearance ends in January

An income-driven repayment plan could lower or eliminate what you owe when student loan payments resume in January, but there are some downsides.
Personal Finance 2020-10-21T21:05:00Z

4 things to do today to save money if you want to go to grad school in 5 years

To save money for grad school in five years, start by refinancing private student loans you already have, and saving in the right accounts.
Personal Finance 2020-10-07T18:27:45Z

See the investment portfolio of a millennial who paid off $50,000 in student loans to buy a home and plans to be a millionaire by 35

Chase Hudgens is a 30-year-old business-development rep at IBM who contributes regularly to his 401(k) and two stock-trading accounts.
Personal Finance 2020-09-30T19:21:00Z

The 4 types of financial aid, ranked from most to least desirable

The US Department of Education has a guideline for financial aid: Accept free money first and always take federal loans before private loans.
Personal Finance 2020-09-29T20:29:00Z

How to fill out the FAFSA and get financial aid for college

Take a look at how to fill out the FAFSA before you apply for financial aid for college or graduate school.
Personal Finance 2020-09-03T15:51:39Z

There's no way for student loan borrowers to know how much they'll owe after graduation, and the author of 'I Don't Want to Die Poor' says that sets students up to fail

In his book "I Don't Want to Die Poor," writer Michael Arceneaux documents the ways student loans have negatively affected his life.
Personal Finance 2020-08-21T14:15:19Z

The average student loan debt by household income, school type, and race

The average student loan debt balance depends on several factors, including household income, student race, and type of school.
Personal Finance 2020-08-13T14:13:13Z

The best debt consolidation loans right now

The best debt consolidation loans will help you lower your debt's interest rates, and help make your debt payoff journey easier.
Personal Finance 2020-07-31T14:44:10Z

If you're thinking about refinancing your federal student loans to save money, wait until forbearance ends

With all federal student loans in forbearance, waiting to refinance could help save cash, and keep valuable federal student loan protections.
Personal Finance 2020-07-28T21:23:28Z

The average credit score to get approved for a private student loan, according to hundreds of thousands of applications

Only about 21% of applicants overall have been approved for private student loans in 2020, finds LendEDU data.
Personal Finance 2020-07-22T21:24:17Z

3 steps to increase your chances of getting a private student loan despite their low approval rate

For a private student loan, get a co-signer or raise your own credit score. Shopping around can help you find the best deal and get approved.
Personal Finance 2020-07-21T15:42:20Z

A financial planner says if you don't have to pay your student loans right now, don't. Keep the cash instead.

Instead of making extra payments on your student loans, keep the cash on hand for emergencies or extra savings until forbearance is over in September.
Personal Finance 2020-07-17T18:29:00Z

The US Department of Education took another step forward in its plan to streamline federal student loan servicing

The US Department of Education has onboarded five new companies to manage customer and loan processing support.
Personal Finance 2020-07-14T21:21:53Z

The average college tuition keeps rising, and it's just the start of college costs

Average tuition at a public, four-year college is $10,486 for in-state students and $15,873 for out-of-state students, and $11,510 for room and board.
Personal Finance 2020-07-13T13:49:00Z

Some Americans whose student loans went into forbearance during the pandemic are now having trouble getting a mortgage

Student loan borrowers in forbearance with high balances or in IDR could be rejected for mortgages because of an incorrect assumption by banks.
Personal Finance 2020-07-05T12:15:00Z

Federal student loan interest rates for the upcoming school year will be lower than ever, outstripping the previous record from 2005

The federal student loan interest rates for 2020-2021 will be the lowest on record, with undergrad loans at 2.75%.
Personal Finance 2020-06-29T22:03:39Z

As the US Department of Education restructures federal student loan servicing, Nelnet and Great Lakes will no longer process federal loans

Federal student loan borrowers with loans serviced by Nelnet and Great Lakes may be re-assigned in December 2020 due to DOE changes.
Personal Finance 2020-06-25T19:16:02Z

How to refinance your student loans: 7 steps to help you get the best deal

Looking to refinance your student loans? If you have private loans, lowering your interest rate could save you thousands over the long term.
Personal Finance 2020-06-22T19:11:58Z

How I raised $600,000 in funding for my college education

She reached out to corporations and organizations seeking scholarships and was clear about how her success would benefit her funders.
Personal Finance 2020-06-17T20:43:00Z

How to get a student loan for college or grad school

The first step to getting a federal student loan is filling out the FAFSA to find out whether you qualify for need-based financial aid.
Master Your Money 2020-06-16T19:41:00Z

The single smartest thing you can do with your student loans, according to 3 loan experts

Like most things in personal finance, there's no one-size fits all approach to dealing with your student loans. But here are some places to start.
Personal Finance 2020-06-13T14:15:00Z

A financial planner says anyone who hasn't considered refinancing private student loans right now is 'doing themselves a disservice'

With interest rates down, private student loan borrowers can save by refinancing for a lower interest rate, says financial planner Anna N'Jie-Konte.
Personal Finance 2020-05-30T12:40:00Z

7 mistakes millennials regret making with their money during college

A survey shows that of millennials who attended college, many consider misusing student loans and not working while in school to be mistakes.
Personal Finance 2020-05-27T19:59:41Z

What is the difference between subsidized and unsubsidized student loans?

One of the main differences between subsidized and unsubsidized loans is that you'll pay no interest on subsidized loans while in school.
Personal Finance 2020-05-26T18:01:32Z

I paid off $40,000 of student loans in 2 years thanks to 3 smart habits

By putting every spare dollar toward his student loan debt, he was able to pay back his student loans about two years after graduation day.
Personal Finance 2020-05-26T17:35:00Z

How to pay back student loans: 7 tips to help you reach your debt payoff goals faster

It's possible to pay back student loans fast with some effort and creativity. Making extra payments when you can, for example, can save you thousands.
Personal Finance 2020-05-23T11:45:00Z

What's the difference between student loan forbearance and deferment? It comes down to interest and availability

Student loan forbearance is usually easier to qualify for than deferment, but loans are guaranteed to keep building interest.
Personal Finance 2020-05-21T21:45:45Z

How to check and fix your credit if you've seen it drop since federal student loans went into forbearance

Some borrowers with student loans serviced by Great Lakes saw their credit scores drop after payments in forbearance were reported incorrectly.
Personal Finance 2020-05-19T20:34:33Z

I used my stimulus check to make my last student loan payment, and I know I'm in a uniquely privileged position

"The $3,400 stimulus check we received from the government allowed us to make our last student loan payment of $1,969."
Personal Finance 2020-05-07T18:53:25Z

A 529 plan helps American families save for college, but there are 4 times you might not want to use it until graduation

In some scenarios, borrowing money and then using your 529 plan after college could save you lots. Here are the four scenarios where this works.
Personal Finance 2020-05-02T11:55:00Z

Not all student loans qualify for forbearance under the CARES Act. Here are the ones that do and don't.

Due to the coronavirus pandemic, borrowers don't have to make federal student loan payments through September 30. Which loans qualify for forbearance?
Personal Finance 2020-05-01T19:23:15Z

The 529 plans Americans can use to save for college are more flexible than they've ever been — and you can use them for student loans

The 529 plan is more flexible than ever, allowing families to use funds for technical school or apprenticeship programs, or repay student loan debt.
Personal Finance 2020-05-01T16:40:40Z

Our student loan payments are on hold, so we're keeping that cash where it can earn interest until we have to make payments again

"Instead of throwing all our extra money into debt payoff, we instead are channeling it to our emergency fund."
Personal Finance 2020-04-29T18:27:20Z

Student loan debt can affect your taxes in a few different ways — for better and worse

You can deduct student loan interest on your taxes, but only up to a certain amount. You also have to pay taxes on any loan amount that's forgiven.
Personal Finance 2020-04-29T17:10:46Z

The best loans for people with bad credit

With a low credit score, borrowing costs more. Here are the best lenders for anyone with bad credit in 2020, for car loans, personal loans, and more.
Master Your Money 2020-04-28T16:00:00Z

I was sued for $30,000 after I ignored my student loans. This is what I wish someone told me before I graduated from college.

Think ignoring your student loan notices is a good idea? Here's what Carmen Perez, personal finance blogger, learned after being sued for $30,000.
Personal Finance 2020-04-24T20:28:47Z

'Please don't make extra payments right now': A student-loan expert begs federal borrowers to avoid a costly mistake during the pandemic

Federal student loans are in automatic forbearance during the coronavirus pandemic. Although you can make extra payments, you might not want to.
Master Your Money 2020-04-24T16:00:00Z

Homebuying expert says millennials can still get a mortgage even with student loans. Here's how.

Homebuying expert says millennials can still get a mortgage even if they have student loans and don't have a perfect credit score.
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