Student Loan

Over the last several decades, the cost of education has gone up, but wages have remained mostly the same. As students and families have had to take out bigger and bigger loans in order to afford a college education, many struggle to pay them off long after leaving campus. That’s why nearly 45 million Americans […]

The post Paying Off $59,000 Student Loan Debt in Fort Worth, Texas appeared first on Student Loan Hero.

For Native American students, the journey toward a college degree can be fraught with pitfalls, from a lack of Native representation on campus to accumulating way too much student debt. Fortunately, there are many Native American college scholarship opportunities especially geared to helping American Indians and Alaska Natives pursue their education — you just have […]

The post 11 Native American Scholarships for College appeared first on Student Loan Hero.

Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government, student loan lenders and others. Check out our Student Loan Hero Coronavirus Information Center for additional news and details. *          *          * Although you […]

The post When Will Student Loan Forgiveness Programs Actually Start Paying? appeared first on Student Loan Hero.

Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government, student loan lenders and others. Check out our Student Loan Hero Coronavirus Information Center for additional news and details. *          *           * If you’re […]

The post CommonBond vs. SoFi Student Loan Refinance Review: Which Is Right for You? appeared first on Student Loan Hero.

As the COVID-19 pandemic swept the nation, college students weighed the pros and cons of attending both in-person and online classes. But a college education can be a sizable expense, and early-life financial decisions can have an outsized impact on retirement, especially when it comes to compound interest. So graduating a year late is just […]

The post Study: Finishing College a Year Late Can Cost Graduates Up to $17,300 in Savings appeared first on Student Loan Hero.

Knowing how to pay off your auto loan early can get you out of auto debt faster and save you money on interest. But unlike student loans, some auto lenders charge a penalty for prepaying your loan. Others will charge you a certain amount of “precomputed interest,” regardless of whether you pay your loan off […]

The post How This Man Paid Off His Car Loan Early and Saved Hundreds appeared first on Student Loan Hero.

Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government, student loan lenders and others. Check out our Student Loan Hero Coronavirus Information Center for additional news and details. *          *          * This post […]

The post How This Parent Refinanced $150,000 in Student Loans — Without a Degree appeared first on Student Loan Hero.

The average student loan interest rate is 5.80%, according to a 2017 report by New America, a higher education policy think tank. The true average interest rate on education debt is always changing, however, and has varied substantially due to many factors. For instance, compare these average federal loan rates for the 2006-2021 period, which […]

The post What’s the Average Interest Rate on Student Loans? appeared first on Student Loan Hero.

If you’re an aspiring chef looking to join the ranks of Carla Hall and David Chang, you’ll want to shop around for an affordable education, whether a community college culinary arts program, a trade school or other options. Why is price important? Consider that although the Bureau of Labor Statistics puts the median wage for […]

The post Community College and Culinary Arts: How to Spend Less to Become a Chef appeared first on Student Loan Hero.

Robbie Eleazer was not only able to pay off his $60,000 of student loan debt in under three years, but did so on a $30,000 salary. Here’s how.

The post How to Pay Off $60K in Student Loans in 3 Years (While Making Only $30K) appeared first on Student Loan Hero.