There are numerous ways to borrow money. When you take out a loan you will be charged a specific interest rate for it. But one of the questions that I have been asked is why do unsecured loans have a higher interest rate than secured loans? Let me explain. What Read more…
College is expensive. We all know that. And for more and more people, college is becoming prohibitively expensive. Several states are doing what they can to combat this by offering free community college to students who meet certain qualifications. If you are debating on going to community college or jumping Read more…
College is expensive. Duh. Everyone knows that. Finding a way to pay for it and not chaining yourself down to a career of repaying student loans is one of the most important financial moves you can make in your life. One of the best things you might want to consider Read more…
Choosing a career is tough. There are a LOT of factors to consider. And in my opinion, one of those factors should be the amount of student loan debt that you could incur by pursuing a given career field. But for some people, working in the trades can be a Read more…
College is a big decision. What do you major in? What school do you attend? Do you attend college at all? How are you going to pay for it? There are a lot of questions to ask yourself. But, increasingly taking a gap year (or even longer) before college can Read more…
There are a number of ways that one can avoid student loans. But for most students there is no silver bullet. If you want to reduce the amount of student loan debt you have upon graduation or even eliminate it altogether the largest factor is picking the right college. Choosing Read more…
Figuring out how to pay for college is one of the most stressful topics that most of us have. We all know that higher education is expensive. But it has never been more expensive than it is now. If you are not sure of how you are going to pay Read more…
Student loan debt statistics. Oh boy. This one hits home for me. Student loans are something that millions of Americans struggle with. Myself included. Student loans used to be that high school underclassmen who annoys the seniors in the halls between classes. But now they have grown into the football Read more…
As a student or prospective student, it is important that you understand the differences between subsidized and unsubsidized student loans. It can make a big difference in the amount of student loan debt that you take on. (Hopefully you don’t take on any student loan debt though!) Understanding the differences Read more…
How do student loans work? That is a question that I wish more people would ask before actually taking them out. However, most people (much less an 18 year-old) understand some of the complexities that student loans have. In fact, most people don’t understand how any type of loan works. Read more…