Student Loans: What I’d Change If I Could Do It Again

Photo by Sonja Langford on Unsplash

Here are 3 things I’d change if I could do it all over again with my student loans.   1. Apply for college scholarships while in high school If I could do it again, I would’ve applied for countless scholarships as a junior or senior in high school to help me pay for the cost […]

Student Loan Hack: Refinancing

Refinancing? Sounds boring, honestly. True. It does. But here’s the reason why it might be super helpful for you and your student loans: Refinancing means swapping out your current student loan for a new one. Maybe one… With a lower interest rate With lower monthly payments That relieves your cosigner of their obligations on your […]

Why Interest Stinks (When Working Against You)

When I first began making payments on my student loans in 2015, I owed about $55,000 at a 7.5% interest rate, and was paying $11 per day in interest alone. If your student loan accrues interest daily, and you don’t know the amount of interest you’re paying on your loan each day, you can calculate […]

Student Loan Basics You Need to Know

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If you have a student loan, there are 2 main things you need to know about it:   1. Principal Amount This is the amount you borrowed for your education, your car, your home, etc. This number will (hopefully!) be decreased by the payments you make on it and will increase due to…   2. […]