Category: student debt

College grads expect to pay off student debt in 6 years—this is how long it will actually take “Educational services company Cengage surveyed 2,500 recent and upcoming graduates for the Cengage Student Opportunity Index and found that respondents, on average, believe it will take six years to pay off their student loans.”“In reality, it will…

Women are at a crucial disadvantage when it comes to student loans “Researchers surveyed 1,000 college-educated adults across America and found that 37% of women did not understand the basics of student loans — which are things like timelines, monthly payments, interest rates, tax implications, refinancing and evaluating lenders, before they borrowed — versus only…

Kim Blanton provides excellent advice on the Squared Away Blog. 1. If you earn enough to make your payments, start paying. 2. Open your student loan mail.    3. Call your loan servicing company.  But do not call without doing some homework first.   4. The best option for lower-income former students with high debt…