College-Bound Grads Could Exit With $40K Debt

College-Bound Grads Could Exit With $40K Debt

This year’s high school graduates could take on nearly $40,000 in student loan debt in pursuit of a bachelor’s degree, according to a IHowBlog analysis. And with this debt stretching across federal, parent and private loan sources, the final cost of their education will grow far beyond tuition and fees. Today, it’s nearly impossible to … Read more

Federal Student Loan Interest Rates to Rise

Federal Student Loan Interest Rates to Rise

Two years ago, federal student loan borrowers enjoyed the lowest interest rates ever on their loans. This fall, rates for undergraduate borrowers will be nearly double what they were in 2020-21. The interest rates for new undergraduate direct federal student loans are set to increase to 4.99% for the 2022-23 academic year, up from 3.73% … Read more

The Best Ways to Borrow Money

The Best Ways to Borrow Money

It’s usually better to pay for unexpected expenses with your emergency fund than to borrow money. But sometimes life throws a curveball, and you need to look to outside resources. If this happens, be aware that not all forms of borrowing are created equal, and some have more financial drawbacks than others. Whether you want … Read more

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