In India, many students dream of studying in top international universities such as Harvard, Princeton, Caltech and MIT. Due to financial constraints, however, many young minds are denied this opportunity. This is the reason why many governments and international bodies have come together to introduce low-interest student loans and scholarships to ensure that meritorious students … Read more
College Savings Plans – Are They The Best Choice For My Child? College savings plans, also known as Section 529 plans, are one of the best ways to save for college because they provide: – tax benefits – Variety of investment options – Flexible Contribution Options – Parental Control – Reduced impact on eligibility for … Read more
There is no doubt that millennials are the most informed generation. The internet provides them with essential information about just about anything, including personal finance and how to build wealth. However, in addition to being a wealth of information, the Internet can also be quite confusing and conflicting. The information available on the web comes … Read more
Almost everyone knows that student loans are basically non-dischargeable. There are some very specific circumstances where you can still discharge your student loan debt today, but it’s a narrow exception that often requires a fight and money to fight for. We’ll discuss the current state of dischargeability in a future post. The landscape around student … Read more
One of the questions most students are asking today is ‘How do I get a student loan?’, it seems to be at the top of everyone’s hot list and rightly so. Because once you have a financing plan in place with one student loan or multiple loans if necessary, everything else will fall into place. … Read more
Student loan consolidation is a way for graduates to combine all of their student loans into one loan. This debt is handled by a creditor. The creditor pays off multiple loans in full, leaving the student to pay for a new loan. Students no longer need to pay off multiple student loans with different billing … Read more