Those who graduate college with student loans owe close to $30,000 on average, according to the most recent data from the Institute for College Access & Success. But they’ll likely repay thousands more than that because of interest. One key to limiting interest cost is choosing the right repayment plan. The bottom line? Opting for lower … Continued
Samantha Ealy graduated with a bachelor’s degree and $70,000 in debt. She worked multiple jobs to pay off student loans, a car, medical bills and credit cards in three years. But looking back, Ealy sees a few missteps. For example, one job offered a 401(k), but she didn’t put in enough to qualify for an … Continued
The summer before your freshman year in college means choosing classes, checking out your future roommate’s Instagram and figuring out how you’re going to pay the bills. Chances are you will need a loan: 2 out of 3 students have debt when they leave school, according to 2017 graduate data from the Institute for College … Continued