Plan Ahead To Make Your Student Loan Payment On Time

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I’ve been repaying my student loans for about 6 months now, and so far, it’s been going smoothly. Well, as smoothly as repaying a mountain of debt can go, I suppose.

Although there have been times when things were tight, I’ve successfully managed to make my payments on time every month. That’s not because I have a huge disposable income, or because I hit the lottery recently.

The only reason that I’m able to stay on top of my debt is because I plan ahead. If you just entered repayment, you’ll want to adopt this habit as well. Here’s how to do it.…

What You Need To Know About Crowdfunding Your College Tuition

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I’m always looking for new and innovative ways to pay for college or repay student loans (remember how you can partially volunteer your way out of debt?).

For instance, did you know that you can use crowdfunding sites to raise money to pay tuition? I honestly didn’t, but I’m always behind on Internet trends. (Have you seen What Does the Fox Say?)

In all seriousness, crowdfunding an education sounds like a great idea—once you understand some of the potential pitfalls that could go along with it.…

How To Identify Potential Student Loan Scams

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Helping people understand student loans is our job at SALT™, and few are better at it than Betsy Mayotte—the director of regulatory compliance for American Student Assistance® (our parent company). We told borrowers to “Just Ask” her questions, so check out her answers below (as well as her cat—because if Piglet can’t make student loans better, what can?).…

Can You “Double Dip” On Student Loan Forgiveness Benefits?

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Helping people understand student loans is our job at SALT™, and few are better at it than Betsy Mayotte—the director of regulatory compliance for American Student Assistance® (our parent company). We told borrowers to “Just Ask” her questions, so check out her answers below (as well as her cat—because if Piglet can’t make student loans better, what can?).…

Should Parents Pay For College?

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Sometimes, I think that my two and a half year old is going on 18. I jest, but time flies and college isn’t far behind. Realizing this, my husband and I started looking into options for saving for college. A financial adviser told us (with a straight face, no less) that given the current trends of tuition increases, we would need to save $3 million to put her through college. I found an estimate that was a little less disturbing, but not much better.

Once I stopped laughing hysterically, I started to consider what our role should be in paying for her education. Or, really, what should any parent’s role be? There seems to be two approaches to this question.…

Answers To The Student Loan Details That Trip People Up

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Many student loan borrowers’ grace periods will end this month, putting their loans in repayment. To help them start on the right foot, Aaron Weber sat down with Alexander, a counseling specialist with SALT™, to discuss three common sources of repayment confusion: income-based repayment, Public Service Loan Forgiveness, and Teacher Loan Forgiveness. Here’s what he has to say.…

4 Benefits Of Having Student Debt

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I’m no stranger to the student debt blues. You know, that overwhelming feeling that you made a horrible, horrible decision regarding going to college? Or maybe it’s just a twinge of frustration that you can’t afford anything. Like at all. Like scrounging for quarters to get something off the dollar menu for breakfast at all.

Do you know the feeling?

Instead of wallowing in self-pity, I’ve chosen instead to reflect on the reasons why having student debt is actually a good thing. Here are my top four.…