As the New Year rolled in, student loan borrowers and their amount of debt continue to increase. According to this article from LendEDU, over 44 million Americans have Student Debt (60% of recent College Grads). The total owed exceeds 1.4 trillion, and the average student loan debt per borrower is ~$30k and climbing. There are many student loan […]
Paying off your Federal Student Loans using a Credit Card
Update: Starting on 1/1/2017 Great Lakes Student and Navient Loans will no longer accept Credit Card Payments :(. However, you can still make payments via “Pre-Paid” Credit Cards. Meaning you can buy Visa or Master Card Gift (debit) Cards with your Credit Card and Pay your Student Loan balance with the “Pre-Paid” Credit Card. Note: […]
4 Ways I Saved $ and doubled my Student Loan Payments!
An essential part of paying off Student Loan debt is identifying key areas to save money. In the last few years, I have audited all my expenses and identified areas where I could cut back. It is important to focus on the expenses that yield the biggest bang for your buck – i.e your largest […]