Whenever it comes to the decision of pulling loans, the best choice would usually be to say no. It’s a risk, because you never know if you’ll be able to get a job right out of college to pay it off (usually, you don’t). Typically, students make the mistake of borrow more than they really […]
-Read more!All posts tagged loans
The Difference Between Good Debt and Bad Debt
As you may have heard me say before, there is such as thing as “good” debt. It’s not something that comes up often this early in your life, but there is such a thing. People pull student loans, car loans, run up credit card debt, and heedlessly borrow and spend without giving a second thought […]
-Read more!Should Colleges Have to Repay Student Loans?
This is a common belief among individuals in an entitled society. If colleges are causing students to go into debt, then shouldn’t they be the ones to pay for it? A few Democrats in the Senate seems to think so and have been pushing legislation to make it happen. The legislation in particular here is […]
-Read more!Planning For Retirement
As a college student, the thought of even saving up for retirement would be absurd. Between tuition, textbooks, room and board, campus fees, and food, you hardly have enough money to rub two pennies together- so to speak. Regardless as to whether you have money or not, you should be doing what you can to […]
-Read more!Federal Interest Rates Could Rise Again
Last week, the Senate passed a bill that would give college students immediate relief for their financial woes by applying the interest rate on federal loans to the 10-year Treasury note. The 10-year treasury is a government bond that buys up interest; so in other words, this will help decrease interest rates for loans. In […]
-Read more!The Different Types of Loans
There are a few ways you can pay off your college expenses. One would be through scholarships and grant. Another would be to get a job. I think that just about covers it…wait, that’s right. Loans… Unlike the other options that are available to you, loans are a risk. You can pull as many as […]
-Read more!Avoiding Financial Mistakes in College
Now I certainly hope your mother taught you how to be financially responsible. Because if she did, a few of these points should be common sense. On MSN Money is listed the 5 most common financial blunders college students make, so what can be done to avoid making some of these mistakes? Avoid using credit cards. They’re great […]
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