Education

Take These Steps to Deal With Massive Student Loan Debt

Dealing with any student debt is challenging, but what about when the amount is simply overwhelming? About one in five borrowers owes more than $50,000 in student loans, and 5.6% owe more than $100,000. It’s no wonder studies are showing that this generation of debtors is putting off marriage and having children, forgoing homeownership, and unfortunately defaulting on their …

Struggling With Student Loans? How to Lower Your Payments

If you’re struggling to make your student loan payments, one option to explore is income-driven repayment plans. These plans are available to federal borrowers to help manage student loan debt. Under these plans, monthly payments are lower than under the Standard Repayment Plan. They make it so what you’re paying every month is tied into …

More Than One Kid? How to Save for College

A reader named Autumn asks a good question: “Hi, I need some advice… My sweet newborn was given a little over $1,000 from our family for his higher education. I thought about putting it into a 529 plan, but I don’t want this money to be only in his name since we plan to have …

Why You Don’t Need a Business Degree to Start a Business

“I have never let my schooling interfere with my education.” – Mark Twain Do you need a business degree to know how to run a business? Most of the business lessons that have helped me become successful as an entrepreneur were not learned in college. They were learned by starting businesses that either worked or didn’t …

Is an Unpaid Internship Worth It?

Unpaid internships are definitely a hot-button issue for college students and recent grads. Ross Perlin, author of  “Intern Nation: How to Earn Nothing and Learn Little in the Brave New Economy,” estimates that of the million or so students doing internships, half aren’t being paid for their hard work. And it’s not only students, but …

Categories: Careers, Education

Guide to Student Checking Accounts

If you’re in college, the idea of a checking account could be brand new to you. After all, this may be the first time you’ve been responsible for paying your own cell phone bill, rent, or utilities. Whether you’re just getting started or have been researching your options, here’s what you should know when looking …

Categories: Banking, Education

Seven Volunteer Vacations for an Alternative Spring Break

If the idea of drinking and dancing on the beach all day for a solid week isn’t quite your ideal spring break, there are plenty of other options out there. And even if that is your ideal spring break, you still might feel like it’s more important to get out and do some good in the …

Six Cheap Spring Break Destinations and How to Save

What college student doesn’t welcome spring break with open arms? Every year, thousands of students flee their campuses for a wild week away from it all. But if you’re one of them, resist the urge to max out a charge card — opt for someplace more affordable. Affordable Spring Break Destinations Myrtle Beach, S.C.: This …

Categories: Education, Travel

63 Quick Tips to Save Money in College

We know college is expensive, and every little bit you can save helps. That’s why we’ve put together a list of quick tips to save money in school: Tuition & College Costs 1. Meet with your advisor regularly to plan your class schedule. This will help ensure that you’re taking the right classes at the right time …

Categories: Education, Frugality

College Electives That Will Boost Your Job Prospects

Got some room in your schedule for an elective or two? Avoid the temptation to fill that spot with an “easy A,” a course that’s rumored to be super-easy, or something you think won’t require much work. Hey, you’re investing upwards of $30,000 in your college education. Why not make the most of your experience? Because …

Categories: Careers, Education

Using Upromise to Pay for College

Whether you’re looking for a way to save for your child’s college or deal with your own student loan debt, Upromise might be a way to give your efforts a boost. According to its website, users have earned more than $850 million toward college through everyday spending. What Is Upromise? Upromise, a partnership with Sallie …

13 Great Part-Time Jobs for College Students

Working during college is a great way to reduce your student loan debt while still in school, not to mention beef up your resume a bit. Check out these options for part-time jobs that pair well with a student’s schedule: Paid internships: If you’re lucky enough to score a paid internship, go for it. Not only …

Make the Most of a College Job Fair

If your main goal after college is to land a job, attending a college career fair has to feel somewhat like visiting Willy Wonka’s chocolate factory. Maybe not quite that cool. But it’s a great way to land or line up a job after graduation. The U.S. Department of Labor says that approximately 18% of …

Categories: Careers, Education

Proposed Changes to 529 Plans Would Dampen Their Appeal

In his State of the Union address Tuesday, President Obama proposed changes to 529 college plans that may force the 7 million families using them to rethink their college financial game plan. Currently, you can make contributions to a 529 plan, invest those funds, and eventually withdraw the earnings tax-free as long as the money is used for …

Protect Your Money While Studying Abroad

Studying abroad is a once-in-a-lifetime opportunity, but you need to take steps to protect your money during your travels. Here is what to do before, during, and after your study-abroad adventure: Before You Go Bring the right card. Choose a credit card that’s widely accepted where you’re going. If you’re not sure, call your credit …

Categories: Education, Travel

Should You Live at Home to Save Money During College?

What would you say to shaving off about $10,000 a year from your college expenses? The average college graduate leaves school with more than $29,000 in student loan debt, but one common option to reduce that figure by thousands of dollars is to live at home instead of on campus. The average annual cost of room and …

Categories: Education, Family, Housing

Tax Guide for College Students

College is a huge step toward adulthood. Going to class, homework and studying, holding down a job, figuring out a way to pay for college, and trying to make yourself marketable for a job after graduation – that’s exhausting just to type. One more step to adulthood is filing taxes. As a college student, filing taxes can …

Categories: Education, Taxes

Coding Boot Camps: Three Months to Six Figures?

The mention of coding boot camps may conjure images of helmets and laptops. Far from it. They’re intensive programs, nine to 12 weeks on average, that provide training in computer coding so students can land jobs as Web developers. Such programs are increasing in popularity and reportedly had 2014 tuition revenue of $59 million. They often claim to increase your …

How to Build Good Credit in College

The typical college student has a lot to worry about – paying for school, classwork, holding down a job, and of course that little issue of figuring out what to do with your life. A good credit score might not be too high on the priority list for most college students. In fact, the average …

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