So, now that I've answered all the major questions that come up
when dealing with student loan refinancing, there is just one question left: should you refinance your student loans?
The government's collection powers and your options to
deal with student loan problems depend on whether you are delinquent with your payments or whether you are in default.
Companies that provides holistic options and strategies to help their
employees deal with student loan debt are the types of employers that millennials will want to work for.
It's no
wonder dealing with student loans can feel like a ball and chain holding you back at a time when you should be building memories and a financial foundation for your future.
And be sure to check out my student loan debt relief success stories on my website to learn about people who are finding financial freedom
after dealing with student loan debt.
Having student loans won't keep you from buying a house, although you should be comfortable with the idea of taking on a large amount of debt while
still dealing with your student loans.
At that time, I wanted to have an email list that really reflected the segments of readers on my site:
People dealing with student loan debt, people looking to build wealth and invest, and people looking to earn more money (usually to achieve one of the previous goals).
The more I research and study the reality of
dealing with student loans through bankruptcy the more I am under the opinion the data does not support the assumptions many have that no good options are available...
As detailed above, student loan debt is different from other consumer debt, which means it's a good idea to contact an attorney that
frequently deals with student loan debt (like me).
The
PHEAA deals with student loans issued by themselves, the U.S. Department of Education, private banks, nonprofit organizations, and colleges or universities.
The report, using information collected by the Department of Education, shows that those who attended a for - profit university also had a harder
time dealing with their student loans because they were more likely to get jobs with lower salaries.
The difficulty that arises
from dealing with student loan companies and servicers leads to many student loan borrowers becoming vulnerable to student loan scams.