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Personal Finance By The Book

Personal Finance By The Book

What Are the Downsides of Deferring a Student Loan?

October 27, 2021 by Bob Leave a Comment

Currently, many young adults are accumulating debt to go to college. They take out loans and often have trouble paying off those loans after graduation. There are some options for cash-strapped graduates. For some, loan deferment is a lifesaver. For others, it only causes more problems. What Is Student Loan Deferment? Student loan deferment is […]

Filed Under: Debt, Student Loans Tagged With: Student loans

Understanding Student Loan Forgiveness

March 12, 2021 by Bob Leave a Comment

Several programs provide student loan forgiveness. Students would need to qualify for each program’s specific requirements before receiving any benefits. Although numerous agencies and organizations offer student loan forgiveness, the strict requirement makes it hard to qualify.  The student loan is one of the largest debts in the United States. In 2020 alone, almost 70% […]

Filed Under: Student Loans

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