Category: Pay Off Debt

Risk and Reward with Deirdre Bolton

Fox Business | July 7, 2015

What would you do with $20,000? #SecretStash


30 Something Money Advice
Marketplace Money | April 18, 2014 (more…)
Retirement Advice, 401(k) Matching, Debt Payments and More
Marketplace Money | March 21, 2014 (more…)
public service loan forgiveness
Changes might be coming to student loan repayment plans, including PSLF.

Student loans are increasingly demanding national attention and concern. Similar to the health care debate or social security funding issues, everyone seems to have an opinion. There are many perspectives that are relevant and important regarding how we should move forward with loan forgiveness plans, including Public Service Loan Forgiveness. But one thing is for sure, this is likely to continue to be an emotional topic for many. (more…)

Student Loan Debt and Money Advice for Young People
Marketplace Money | December 20, 2013
Gain Control of Your Student Debt

Understanding how to take control of your student debt can reduce stress and may even save you money in the long run. Don’t let a mountain of student loans overwhelm you. Follow these tips to create a plan you can live with.


Sallie Mae Private Student Loans

Managing federal student loan debt is complicated enough. But as many people have learned the hard way, navigating the world of private student loan debt can be quite a bit worse. Particularly if we’re talking about Sallie Mae private student loans.

The good news is I’ve had multiple clients successfully lower their monthly payments, as well as their interest rates, for their Sallie Mae private student loans. The process is definitely not easy, but it does seem to work for those who persevere. If you’re one of the unlucky college graduates dealing with Sallie Mae’s nonsense, there may be some degree of hope. Here’s a step-by-step plan for regaining control of your Sallie Mae private student loans. (more…)


Income Based Repayment (IBR for short) is one of the most underutilized tools available to recent grads overwhelmed with student loan payments. Navigating the confusing world of repayment options coupled with unhelpful customer service reps often prevents borrowers from choosing the plan that is right for them.

No matter how overwhelming the process may be, it’s worth taking the time to find out if IBR is right for you. Depending on your situation, you might be able to save yourself thousands of dollars (or at least reduce your current financial stress).

Log into the National Student Loan Data System and keep reading to figure out what makes the most sense for you. (more…)

Pay Off Student Loans Quickly
Read the original article on Adaptu.

When it comes to taking out student loans for college, a common rule of thumb is not to borrow more than your starting salary will be after graduation. Of course, many students are not aware of this, and even for those that stay within this guideline, paying off student loans can be quite a headache. While experts often consider student loans to be good debt, owing money is stressful for many borrowers. An amount that seems reasonable to an 18 year-old college freshman doesn’t seem quite so reasonable when that person is 25, or 35, and still making a monthly payment.