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.

What You Need To Go Back To School (And Get Financial Aid Too!)

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Not everyone finishes college their first time around. Sometimes, you have to go back to school to get your degree—and sometimes, money stands in the way of this.

Of course, returning students have the same federal loan options as anyone else; however, they may also have some additional factors that affect their aid. If you want to return to school and can’t pay out of pocket, here are three things that you will need to think about.

How To Find Out If Your Student Loan Payments Are Due Soon [INFOGRAPHIC]

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Halloween is almost here, but for some, an even scarier occasion lurks right around the corner: their student loans entering repayment. This weekend marks the beginning of November, which could mark the end of the grace period for many members of the class of 2014.

Nothing is scarier than your loan payments beginning without you knowing it. (OK, maybe that clown from the new American Horror Story is scarier—I couldn’t even Google it to link to the right image! So, it goes “clowns,” then “student loans.) Fortunately, you have a weapon at your disposal to fight back these horrors.

One Way To Make Parent PLUS Loan Payments More Manageable

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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?).

“Do I Need To Hire Someone To Handle An IBR Application?”

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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?).

3 Reasons To Think Twice Before Cosigning A Student Loan

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Unless you’re a morlock and you’ve been living underground, you know that college isn’t getting any cheaper. Many students attending college bridge their financial aid gap with private student loans—and approximately 90% of those loans need a cosigner.

Have you ever cosigned for a student loan? Or has someone asked you to cosign for a loan? Better yet, do you know what cosigning for that loan really means for you? You should never take cosigning a student loan lightly. Let’s talk about why.

Why You Have To Break Free Of The Student Loan Shackle

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For the past few months, I feel like I’ve been writing a preface to my future, instead of actually living it.

I’ve been staying at home with my parents, seeing the friends I grew up with, and working two cities away from where I was born. If I learned one thing in college, it’s that you grow the most when you’re uncomfortable. The past few months have been different, but all in all, a little too comfortable for comfort.

That’s all going to change soon, though, because I’m moving to New York City.

“In This Day And Age, Is It Really A Good Idea To Earn A Degree?”

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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?).