Save Money Today on Your Student Loans
If you've been diligently paying all of your bills every month, maybe you're reading this article while enjoying a congratulatory glass of wine or a piece of chocolate cake. After all, don't you deserve a reward for all that discipline?
But hold on ... shouldn't your excellent credit score be worth a little more than a booze or sugar hangover? So why, exactly, is your lender not showing you some love?
Before we headed off to college, most us heard how our college years would be the best years of our lives. And yes, they were great, but they were also pretty expensive.
As we try to get the hang of this adulting thing—showing up for work on time and paying our bills—our college education can start to take on a different hue. If you've ever spent any time wondering about how you could've done things differently, you're not alone according to our recent survey.
Going back to school can be a fantastic career booster. In some roles, having a masters degree increases your earning potential by tens of thousands. And certain careers—like being a lawyer or a doctor—simply aren't possible without additional higher education.
But managing a student debt load while you're in a graduate program can feel a little like running a marathon with a boulder strapped to your ankle. The good news is that deferring your loans is an option for most students, but it won't be the best choice for everyone.
Figuring out how to fill out your tax return each year is enough to send anyone running for the exit. But this year your student interest loan deduction doesn't need to be a source of anxiety or frustration for two reasons:
Entering medical school is a huge decision. While the rewards can be great, becoming a doctor or medical professional is a long road. You’ll have to spend years getting a bachelor’s degree, going through medical school, and completing your residency.
Along the way, you’ll rack up a significant amount of debt. According to the Association of American Medical Colleges, 2017 medical school graduates walked away with $190,964 in student loan debt, on average. So the question is, is med school worth the price tag? Let's dig a little deeper.
So, you just got a notice saying you need to register your student loans with FedLoan, and you're wondering if it's a scam.
Here's the scoop: FedLoan Servicing is a legit company. It's one of several student loan servicers contracted by the U.S. Department of Education to handle federal student loans.