Though it might not happen to the world’s most famous universities, there are some colleges that go out of business. They might be purchased by another school or simply close their doors because of their own financial issues or other reasons. The most frequent colleges to go out of business are career training schools that […]
If your financial struggles are primarily caused by student loan debt, you are not alone. The student loan debt of Americans is estimated to be more than $1 trillion and about $85,000,000,000 is past due. The average borrower has about $30,000 in student loan debt. Some financial experts believe the situation is so bad it’s […]
Student loans are often granted by the government, but it is possible to borrow money to pay for college tuition from private lending institutions. If you are considering loans to help offset the cost of education, it’s important for you to understand the pros and cons of student loans. They can be useful, but they […]
Student loan debt is one of the most common reasons people struggle financially. Whether they took on more debt than they could ever pay off based on their projected earnings or they are struggling to find employment after graduating when student loan debt comes due, many people are unable to meet their monthly payment obligations. […]
Filing for bankruptcy is an excellent way to get back on track financially. It can wipe out some existing debts and allow you to get a fresh start. For some, bankruptcy is their only option and serves as the jumping off point to a brighter, more manageable financial future. Unfortunately, bankruptcy cannot eliminate all types […]
Attending college is expensive and even those who receive scholarships and/or work while attending classes might find they need additional money for tuition, books, and living expenses. The good news is college loans are available, often at a reasonable rate, making it possible to earn a degree. Unfortunately, many find their student loans become an […]
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