Saturday, October 23
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Student Loans

How I Paid Off $38,000 In Student Loan Debt In 7 Months

Debt, Killeen, Student Loans
Lately, I have received many questions asking how I was able to pay off my student loans so quickly. I haven't talked much about my student loans since I paid them off in July of 2013, but I know many struggle with their student loan repayment plan each and every day. Due to this, it is a topic I am always happy to cover. Paying off your student loans is a wonderful feeling and I want to help everyone else experience the same.   Background on my student loans. To start off, I am going to provide a quick background on my student loans. I worked full-time all throughout college. I worked as a retail manager from when I was a teenager until I graduated with my two undergraduate degrees (I was a double major). Then, I was lucky and found a financial analyst position ri...

Do College Rankings Matter?

Commercial Refinance Loans, Student Loans
All articles about college rankings should perhaps be read with a grain of salt and primarily through a lens of what matters most to individuals about the college experience and what they’re hoping it will be an investment toward. Prominent publications and people have conveyed a variety of views about whether college rankings matter: The editor-in-chief of the Science Family of Journals said no in May 2020. “To any logical scientific observer, the fine distinctions of where schools show up on this (U.S. News & World Report Best Colleges) list are statistically meaningless—but try telling that to a roomful of alumni or parents,” H. Holden Thorp wrote. Ian Bogost, distinguished chair at Georgia Tech, wrote in The Atlantic in June 2020: “The absurdity of a numerical ranking ...

How to Escape Debt in 2016

Arlington, Credit Cards, Debt, Student Loans
The new year is right around the corner and if you’re like most people, you’ve probably got a running list of resolutions to achieve and milestones to reach. If getting out of debt ranks near the top, now’s the time to starting thinking about how you’re going to hit your goal. Developing a clear-cut action plan can get you that much closer to debt-free status in 2016. 1. Add up Your Debt You can’t start attacking your debt until you know exactly how much you owe. The first step to paying down your debt is sitting down with all of your statements and adding up every penny that’s still outstanding. Once you know how deep in debt you are, you can move on to the next step. 2. Review Your Budget A budget is a plan that sets limits on how you spend your money. If you donâ€...

How I Paid Off $40,000 In Student Loans in 7 Months

Debt, Killeen, Student Loans
Want to learn how to pay off student loans? With my student loan repayment plan, I was able to pay off $40,000 in student loan debt in 7 months! One of the best ways to save money is to finally get rid of those pesky loans that are hurting your financial situation. Learning how to pay off student loans can lead to many positives, such as: You may finally feel less financial stress. You may be able to use that money towards something more important, such as saving for retirement. Getting rid of your student loans may allow you to pursue other goals in life, such as traveling more or looking for a better job. I know these things are true because learning how to pay off my student loans is one of the best decisions that I've ever made. No, it wasn't easy to pay off my student loans that qui...