Student Loan Refinancing: Variable vs
Fixed Rate
When student loan borrowers are looking to refinance student loans, they typically come across two options: a fixed rate student loan and a variable rate student loan. Variable rate student loans are the most common when refinancing orconsolidating your loans, but fixed rate loans are available.
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When to Apply for Student Loans: How to Get Student Loans at Any Time
Student loans have started to become the backbone of the modern education system. Now that college has become more expensive, it’s difficult for students without substantial parental support (or large college savings accounts) to afford an education without drawing on student loans. Student loans have made college affordable for many, but federal student loan programs operate with broad rules and…
Can You Get Student Loans With Bad Credit?
Your credit score can make or break your ability to be approved for many types of loans. It can affect the interest rates that lenders are willing to offer you, the repayment periods that are available, and even the total amount of money you may be lent. However, since college costs so much, many current and prospective college students are…
Beginning Your Student Loan Application: A Guide for High School Students
It’s never too early to start preparing for college. In fact, if you’re in your junior or senior year of high school, then you’ve probably already begun preparing for college by doing things like taking the SAT, working hard to keep up your GPA, and sending in applications to the colleges of your choice. These are all important things to…
How To Get Student Loan Forgiveness
A 2017 Federal Reverse report found that 42 percent of Americans who went to college ended up taking on some kind of debt, such as student loans, in order to pay for their education. For many of these Americans — many of whom owe $28,400 or more — not much would be better than to have all of that debt…
Behind the Curtain: Generation Z Students in College
The more we change, the more we stay the same. Countless research has been devoted to understanding how various generations interact with and between each other, how their surroundings influence their behavior, and how their expectations get shaped over time. That is especially true for colleges and universities, which continue to act as the guidepost of education and development into…
5 Reasons to Refinance Your Parent PLUS Student Loan
Many parents choose to take out Parent PLUS Loans to help their child or children afford the cost of college. While they may not be able to pay the full expense of college up front, they still want to help their children avoid the weight of debt that goes along with taking out student loans. In many cases, however, you…
Generation Z Goes to College: How They Compare to Previous Generations
Millennials might be the hottest topic of discussion shaping many product discussions, but not when it comes to going off to college. No, for college admissions, the hottest topic is Generation Z–and with good reason. Gen Z is headed to college, but they’re determined not to make the same mistakes as their predecessors–and as a result, they’re using their smarts…
LendKey: Enabling Dreams – Student Loan Payoff
Have you ever fantasized about a stranger walking up to you in public while you were minding your own businesses, maybe having lunch at Starbucks, and handing you one of those giant checks like lottery winners get? If you have student loan debt, the answer is probably yes. Well, fantasies do sometimes come true, and Liz Herlihy’s fantasy came true…
9 Things You Didn’t Know About Student Loans
Around 71% of Americans have student loan debt when they graduate from college–and paying it off isn’t easy. The standard repayment plan is set up so that students can pay off their loans around 10 years after graduation. Unfortunately, not every student is able to reach that goal. Some may take twenty years or longer to reach their student loan repayment…
Credit Freeze – What, How, Why, and Other Things to Consider
Identity theft is one of the biggest concerns in the modern world – especially given the relatively recent high-profile breaches. If you have had your identity stolen, getting it back can be a nightmare. Even if you have not, then the fear of somebody racking up thousands of dollars of debt in your name can be paralyzing. Because of this,…