Right now, Americans owe a total of around $1.78 trillion in student loan debt. That’s a lot of zeroes. Even for those with higher six-figure student loan debt, balancing paying off debt while managing daily living costs is challenging. If you’re one of the many people who need to balance student loan payments with your… Read more
student loans
What Is An Income Driven Repayment Plan?
If you’re a federal student loan borrower, you may be wondering, “What is an income driven repayment plan?”. There are many income-based repayment options offered by the government if you’re struggling to make ends meet and need help paying your student loans. These income-driven plan options can offer you options to pay as little as… Read more
Student Loan Payments Are Coming Back, Here’s What You Can Do
If your student loan payments have been paused due to Covid, payments will be starting up again this fall. Federal student loan payments have been paused for three years now even though it doesn’t seem like it’s been that long. Last month, the Supreme Court voted against President Biden’s one-time student loan forgiveness plan and… Read more
Reflections on Paying Off My Student Loans In Less Than 3 Years
Thank you Navient for sponsoring this post. Next month, I’m excited to share that I’ll be making my final student loan payment and I’m super excited about it! I’ve had student loan debt for my entire adult life and I’m interested to see how my life and identity will change without it. Longtime readers… Read more
Debt Mindset Series: Paying Off Student Loans For a Chance at a Better Life
This week I have another great Debt Mindset Series interview with Val, the mastermind behind The Common Cents Club. Val found herself in $50,000 of student loan debt, and she wanted to pay them off quickly so they wouldn’t balloon over the course of her repayment plan. She also had dreams of being a stay-at-home… Read more
Debt Mindset Series: Running a Marathon, Not a Sprint
Today I’m a bit sad to reveal that this is my last interview for the series for the time being. I’ve interviewed some amazing people about their debt repayment journies and I hope you’ve enjoyed the stories and inspiration as much as I have, but I’m putting the series on a break and may pick… Read more