How To Handle Your Student Loan Debt When It Goes To A Collection Agency

If you haven’t made payments on your student loan(s) for a long duration of time, this will send your loan payments from delinquency into default. Now, this doesn’t necessarily mean your payments are sent right away to a collection agency. When your loan goes into default, the balance of your [...]

By |2017-12-11T11:27:20-08:00December 12th, 2017|Academics|Comments Off on How To Handle Your Student Loan Debt When It Goes To A Collection Agency

Do Not Neglect Paying Your Student Loan Debt

There are currently 44.2 million Americans with student loan debt, and of that 44.2 million, 11.2 percent are in 90+ days of delinquency or default. That shakes out to nearly 5 million people. But what exactly happens when you do not pay your student loans off? In general, it is [...]

By |2017-11-14T09:36:21-08:00November 14th, 2017|Academics|Comments Off on Do Not Neglect Paying Your Student Loan Debt

Is The Student Debt Crisis Bubble Actually Deflating?

An article published back in July by The Atlantic suggested that the College “bubble” is actually beginning to leak air. As many financial professionals have drawn similarities to the mortgage crisis and the student debt crisis, there was a common theme that this would not last and it would end [...]

By |2017-11-06T12:58:57-08:00November 7th, 2017|Academics|Comments Off on Is The Student Debt Crisis Bubble Actually Deflating?

Student Debt Affecting Borrower’s Mental and Physical Health

As one can imagine, taking on a massive amount of debt can affect one’s mental and physical health negatively. In a 2013 study published in Anxiety, Coping, and Stress found that “those with greater financial strain perceived more stress, had more symptoms of depression, anxiety, and ill-health.” With many student [...]

By |2017-10-23T10:30:24-08:00October 24th, 2017|Academics|Comments Off on Student Debt Affecting Borrower’s Mental and Physical Health

The Uncertainty Of Student Loan Forgiveness Arriving This October

In 2007, the Public Service Loan Forgiveness (PSLF) program was a program created to relieve the debt burden placed upon students who qualified with either a government or nonprofit public service job and also made payments diligently for ten years. After this ten-year period, the remaining balance of the student’s [...]

By |2017-09-21T15:23:12-08:00September 21st, 2017|Academics|Comments Off on The Uncertainty Of Student Loan Forgiveness Arriving This October

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