The average student loan debt for a college education has reached $28,400. Students that attend private colleges or extend their education past four years pay considerably more. There are nearly 40 million Americans carrying roughly $1.2 trillion in student loan debt today. Fortunately, there are ways to limit the amount of student loan debt you […]
Income Based Repayment Plans: Advantages And Disadvantages
As the costs of a college education continue to grow, more and more people are finding themselves repaying tens of thousands of dollars in student debt over decades of loan payments. The thought of making these large payments for such long periods of time has encouraged many people to seek income based repayment plans for […]