Student Loan Debt: A Vicious Cycle

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  • Post last modified:November 18, 2024

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…

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Is Free College Tuition Possible in the US?

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  • Post last modified:June 4, 2023

It's an interesting question. In some ways it's a very simple one; in other ways, not so much. With a certain presidential candidate promising free college as part of his campaign and growing national student loan debt, I feel it's a good question to ask. So, is free college tuition possible in the US? Is Free College Tuition Possible Anywhere? It's not just possible - it's already a reality. Yes, many countries offer it today.…

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Federal Student Aid: How Much Does it Actually Help?

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  • Post last modified:November 18, 2024

There are many different types of federal student aid (FSA). Although the amount of information this creates can seem overwhelming, it doesn't have to be. The easiest way to understand the options available is to approach it from the right angle. You probably won't be eligible for every type of federal student aid. Many of them target specific groups. More importantly, you cannot receive more student aid than your cost to attend school. Each type…

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Student Loan Series #2: Diana on a Dime

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  • Post last modified:June 4, 2023

Hey all! Welcome back to the Student Loan Series. This is the continuation of a post series that started with Saving Joyfully. The purpose of this series is to gain some insight from some friends who also had large amounts of student debt. I've given you my tips for paying off student loans, but I'm sure I haven't covered everything. Next up in the series is Diana from Diana on a Dime. Diana is also…

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How to Repay Your Federal Parent PLUS Loan

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  • Post last modified:June 4, 2023

I often tell people that my student loans really sucked. I usually qualify that statement with the fact that this was a Federal Parent PLUS Loan. In this post, we'll take a look at how to make your Federal Parent PLUS Loan less painful. What is a Federal Parent PLUS Loan? In short, a Federal Parent PLUS Loan is a loan in a parent's name. In other words, although the loan funds the student's education,…

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