Finance Globe Blog

U.S. financial and economic topics from several finance writers.

Tips and Tricks to Help you Pay Off your Student Loans Faster

college-female-student-debt
This shocked me, but I read an article that stated there are over than 44 million borrowers who owe more than $1.4 trillion in student loan debt! That amounts to over $31,800 per person, which is a lot of money! While you may not be able to pay off the entire amount quickly, the ball is in your court and there are several ways to ease your current debt burden. Below are some great tips...
Continue reading
  66 Hits
  0 Comments
66 Hits
0 Comments

Update on How I Am Paying off My Student Loans

internship1
I wanted to provide everyone an update on my progress on paying off my student loans. This not only helps me keep track of my progress, but I hope it provide others in my situation an example as well as some helpful tips. I am officially one year in, and I have paid $17,400 towards my student loans. While this number feels great, I know I still have a long way to go. With my...
Continue reading
  308 Hits
  0 Comments
308 Hits
0 Comments

Disadvantages of Student Loans

college-student-broke1
I just discussed the benefits of student loans since student loan debt has been in the media so much lately. As I do believe there is a real problem that is occurring, I wrote about some obvious advantages of student loans that help aspiring students. Now I am going to discuss several disadvantages of student loans and problems that can come up if the student does not realize what he or she is getting into....
Continue reading
  265 Hits
  0 Comments
265 Hits
0 Comments

Benefits of Student Loans

benefits-student-loans2
Student loans and student loan debt has been in the media quite a bit recently, especially with how much student loan debt has increased over the years. Some of the criticisms are accurate, and a real problem may be arising. Yet I wanted to write some obvious advantages of student loans, and for certain situations, student loans can provide huge benefits for an individual. Can be great deals for a student: Many people are understandably...
Continue reading
  242 Hits
  0 Comments
242 Hits
0 Comments

How I Am Paying off My Student Loans

students-sitting-down
​I have student loans. I am just like millions of other young Americans who have to pay back student loans because I wanted to get a better education, and I wanted to get an advanced degree. There isn't necessarily anything wrong with that, but issues come up when people talk about having to pay them back. I am not going to discuss these opinions, but I did want to give you an example of how...
Continue reading
  334 Hits
  1 Comment
Recent comment in this post
Frank
As an update, I am currently ahead of schedule! If my keep up with my plan, I will actually be debt free by the end of this year, ... Read More
Friday, 23 February 2018 14:25
334 Hits
1 Comment

5 Ways to Pay Back Your Student Loans Faster

student-loan-repayment-financial-freedom
Everyone who has student loans wants to pay them off and wants them to go away. There are many ways to help you pay back your student loans faster. If you make your student loans a priority, it will be easier to pay them off. Below are 5 ways to help you pay them back faster:  Make a plan and understand your loans.  You need to understand your loan amounts, terms, rates, etc. and map out...
Continue reading
  281 Hits
  0 Comments
281 Hits
0 Comments

Student Loans – What To Do When They Don't Cover Full Tuition

tuition-college-loans
It can be really difficult to know what to do when student loans don’t cover your full tuition. This can leave you in a very difficult position, especially if you don’t have parents that can help you out. You have a few different options if you find yourself in this situation. You should initially try to find out if you can get grants or further student loans. For example, if in the past you have...
Continue reading
  295 Hits
  0 Comments
295 Hits
0 Comments

3 Ways College Students can Prepare Financially for the Second Semester

3 Ways College Students can Prepare Financially for the Second Semester
As a college student, there’s no better feeling than putting the first semester of the school year in the past. While there’s nothing wrong with enjoying your winter break, it goes without saying that the second semester will arrive sooner rather than later. Are you financially prepared for everything the second half of the year will bring? Here are three ways to ensure that you’re on the right track when this time of the year...
Continue reading
  935 Hits
  1 Comment
Recent comment in this post
Frank
I would add: (1) be organized and (2) set a concrete budget for the 2nd half.
Tuesday, 24 January 2017 17:05
935 Hits
1 Comment

5 Things Students Should Look for in a Credit Card

5 Things Students Should Look for in a Credit Card
Choosing your first credit card as a student can be confusing. With little or no previous credit card knowledge or experience, it’s easy to pick the wrong credit card. Unfortunately, choosing the wrong credit card can lead to serious credit problems that affect your life for years to come. Here are some of the most important things to consider as you choose your first student credit card . Reputable credit card issuer. Picking a credit...
Continue reading
  1066 Hits
  1 Comment
Recent comment in this post
Frank
Free credit monitoring is a huge plus for a student. This will help you stay out of trouble early in your personal finance life. I... Read More
Monday, 21 November 2016 18:21
1066 Hits
1 Comment

7 Tips For Dealing With Your Student Loans

7 Tips For Dealing With Your Student Loans
Student loan debt has grown steadily over the last several years, with the total amount of outstanding debt topping $1.3 trillion according to a report from the Federal Reserve Bank of New York. Many borrowers owe more than $50,000 and some even owe more than $100,000. Dealing with student loan debt can feel overwhelming, but it's possible. Explore your repayment options . Many student loan providers give you several different options for repaying your student...
Continue reading
  1207 Hits
  1 Comment
Recent comment in this post
Frank
My wife and I are currently going through all of these steps as we pay off our student loans. It is honestly a ton of work, but wo... Read More
Friday, 26 August 2016 12:58
1207 Hits
1 Comment