It's no secret that student loans are a huge problem. Even though I am now completely debt-free, I still hear about student loans all the time. In this list, we'll go over the smartest ways to pay off student loans. As of Q1 2019, Americans owe 1.48 trillion dollars toward student loans, surpassing even credit card debt, by $620 billion. Many of those debtors are my age - and many are much older, even.That's a really big deal…
Iowa Student Loan is based in West Des Moines, IA and was founded in 1979. They are a non-profit student loan lender. They manage over $2.6 billion in student loans. With so many student loan options, it can be difficult to decipher the best option. In this post, we will look at Iowa Student Loan and who can benefit from them. Iowa Student Loan does not service their student loans. Currently, Aspire Servicing Center is…
If you have federal student loans, there's a good chance they are serviced by American Education Services (AES). In fact, there's a really good chance. Millions of people all over the country have AES student loans.Some have referred to AES as a "quasi-governmental" agency. They aren't exactly a federal agency. Still, the Feds approved them to service loans issued through the Federal Family Education Loan (FFEL) program. What Are AES Student Loans? American Education Services (AES) is a student loan…
Student loans are a growing problem in the US. According to the New York Fed, student loan debt stood at $1.46 trillion in Q4 2018. All this debt will definitely have people wanting to refinance student loans. But what are you options when you want to refinance student loans? Before answering this question, there is an important one we must answer first. Federal or Private Student Loans? Indeed, the first question we have to ask…
I recently saw a Facebook post that seriously got me thinking about student loan debt. This is not to say I have not done so before - I most certainly have. However, this particular post made me think about things from a new angle.I wasn't able to find the original post, but here's the gist of it. The post said:It's easier for an 18-year-old to take on $200,000 in student loans than it is for…