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Save Money Today on Your Student Loans


Maybe you just lost your job, you decided to go back to school, or you got hit with an unexpected medical cost. In any case, your finances have changed—and you have to put your student loan on hold.

For federal loans, you have the option of putting your student loan in deferment while you get back on your feet. Here’s a look at how it works and how to apply.

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Podcasts are having a moment. And the great thing about the medium is that, in addition to being free with virtually no commercials, there's so much variety. There's usually a podcast for every  one of our very specific interests, from true crime stories to personal finance tips.
 
To give you something to listen to on your next commute or lazy Sunday, we've compiled a list of our 10 of our favorite podcasts for women by women. 
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The Standard Repayment Plan  — the default repayment plan for federal loans  — works for many graduates. But if your loan balance is high and your income is low, this plan may not be an affordable option for paying back your student loans.
 
Thankfully, most federal loans are eligible for an income-driven repayment plan, which takes into account how much you make. Let's take a look at the specifics of a popular income-driven plan, the Pay-As-You-Earn Plan, to see if it's a good choice for you.
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In the past, conventional wisdom pushed everyone into buying a home—because it’s a great investment, plus a key factor in being an adult.

But is that still true?

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If you're currently wrestling with student loan debt, you’re not alone. A study done by Brookings Institution found that two in five borrowers are likely to default on their student loans within five years.

But before you go into panic mode, let's talk about what those survey results really mean and discuss ways you can avoid becoming a statistic. 

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So you've heard about these payment plans that will reduce your monthly student loan bill and you're wondering if  they're an urban legend. Let us assure you: these plans do, in fact, exist. 

But there are a few things you should understand before you sign up.

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