BLOG

In High Student Debt and Think You Can’t Afford a House? You May Be Wrong.

In High Student Debt and Think You Can’t Afford a House? You May Be Wrong.

I can acutely remember a time when I believed home ownership was a luxury that people like me in high student debt could not afford. (I also felt this way about weddings, kids, and pretty much anything nice/somewhat expensive). I thought “normal” adulthood experiences were off-limits to me, as a punishment for taking on tooRead more about In High Student Debt and Think You Can’t Afford a House? You May Be Wrong.[…]

Top Five Worst Side Gigs for Earning Extra Cash

Top Five Worst Side Gigs for Earning Extra Cash

Let’s face it, some months we’re cash-short, and we need to bank extra bucks to make our monthly student debt payment. There are so many “alleged” ways to “easily” earn extra money (both online and in real life). What I’ve found, though, is the vast majority are gimmicky, unreliable, or pay far less than advertised. Since you valueRead more about Top Five Worst Side Gigs for Earning Extra Cash[…]

How to have the student debt talk with your child

How to have the student debt talk with your child

If you’re like me, you wish someone would’ve sat you down when you were finishing high school (and after your undergrad degree, too, before going for your masters) and had a straight talk with you about college debt. I imagine someone having the debt talk with me before grad school. Let’s say they told meRead more about How to have the student debt talk with your child[…]

What if that internship DECREASED your future earnings?

What if that internship DECREASED your future earnings?

What if getting an unpaid internship actually negatively affected the salary you can earn? How would that affect paying down your student loans? Between 2011 and 2013, the National Association of Colleges and Employers (NACE) asked graduating seniors if they’d ever received a job offer, and if they’d had an internship (paid or unpaid). ResultsRead more about What if that internship DECREASED your future earnings?[…]

Eight Ways to Avoid Predatory Lenders

Eight Ways to Avoid Predatory Lenders

A recent graduate in Seattle recently filed suit against Navient (formerly Sallie Mae) for predatory lending practices. Like me, Ashley Hardin graduated from a good art school and found herself in six-figure student debt. A decade ago, Hardin borrowed more than $150,000 to attend the California-based Brooks Institute of Photography. The school described the degree as a path intoRead more about Eight Ways to Avoid Predatory Lenders[…]

Think Before You Go Into High Student Debt: Degrees with the Worst ROI

Think Before You Go Into High Student Debt: Degrees with the Worst ROI

Back in the ‘80s and ‘90s, when the economy was booming, it made sense to “study what you love,” or “figure out what you love doing”. Feelings were a big factor in choosing a course of study and a career. But we are not in the ‘80s and ‘90s anymore. Different rules apply. You must be strategic.Read more about Think Before You Go Into High Student Debt: Degrees with the Worst ROI[…]

5 Ways to Rebel Against Conventional Wisdom Around Paying Down Six-Figure Debt

5 Ways to Rebel Against Conventional Wisdom Around Paying Down Six-Figure Debt

To paraphrase poet Mary Oliver, this is your one precious life. How are you going to live it? As conventional wisdom would have it, anyone in six figure student loan debt really has no choice on how to live their lives. The debt is a death sentence, and you have no choice but to buckleRead more about 5 Ways to Rebel Against Conventional Wisdom Around Paying Down Six-Figure Debt[…]