Student Loans Articles

The post graduate education necessary to become a doctor or a lawyer can be so expensive that a mountain of debt can accrue. See one doctors plight as she racks up over half a million dollars becoming a doctor. 

Perkins vs. Stafford Loans - which is the best match? 

Income-Based Repayment (IBR) is a new way to make your federal student loan payments more manageable. And if you're a teacher or work in government or at a nonprofit (501(c)(3)) organization, you might qualify for a new type of public service loan forgiveness after 10 years of eligible payments and employment.

I graduated from business school in 1983 with what at the time seemed like an inordinate amount of debt.  When I started the MBA program I had little savings to pay for my two years of additional education, having spent the time between college and graduate school as a struggling musician in New York City. However, with some cash from a six-month music gig in South America, but mostly on borrowing, I financed my business school years. I was also able to cover most of my living expenses, including the rent on my apartment in the posh Lincoln Center neighborhood. By the time I graduated, I had amassed a staggering $20,000 in mostly government subsidized student loans.

If you've graduated from college, you've probably gotten plenty of offers to "consolidate" your student loans. How can you discern trustworthy lenders from those just trying to make a profit off of you?

Finding funding for your college education can be stressful—but for many, the alternative would be to not attend, which makes student loans a necessity. Federal student loans, financial aid, and even private student loans offer competitive rates that make it easier to manage the costs of undergraduate or graduate studies.

With college costs on the rise, many students graduate with more than $20,000 in loans and credit card debt and others may even find themselves with debt reaching six figures. The amount of debt can get worse if students don’t know how to handle it from the outset. Here’s how to make the right moves.

For four years, you’ve been floating in a collegiate bubble thinking that the world is your oyster, seasoned with potential and sautéed in a sauce of dreams-come-true.