Connect with us

Hi, what are you looking for?

Career

Quick Tips For Conquering Everyone’s Biggest Fear Once Finishing College

College is an important part of the education system; the only problem is it is the farthest thing from free. To think, there was a time we took our free textbooks for granted! For most, the only way to afford college is to take out the dreaded student loans. The jokes about paying off your student debt come by the thousands in meme form, but maybe it isn’t as terrifying as the Internet makes it out to be.
Refinery 29 took the time to create a quick informational video on just how student loans work and the best way to tackle them! Sallie Krawcheck, the CEO and Co-Founder of Ellevest, a digital advisor for women, helped a few lucky women understand their student debt better! She started off by stating that the most favorable debt rate is below 4%, anything above that is in the danger zone. Her best advice is to call and request a lower ARP, this makes paying off your debt more manageable. She even gave some shocking advice regarding filling bankruptcy, because this cou0ld immediately have your student debt discharged.

Even if you don’t get total bankruptcy you can have up to 40% of those loans reduced! Hey, you have to take what you can get! For the complete low down go ahead and check out this video, let us know what you think in the comments below and if you found it helpful!

You May Also Like

News

In the past year, Peloton, manufacturers of stationary exercise bicycles and treadmills, has been experiencing some severe financial difficulties. The company went through a...

News

While the ongoing supply chain problems affecting the global economy have had the expected effects, they’ve also had some decidedly unexpected effects. Specifically, many...

News

As gas prices continue to rise and consumer confidence drops, not to mention the ongoing war in Ukraine, the European economy is taking a...

News

As the environmental need for electric vehicles becomes more pressing, and the car-buying public becomes more eager for them, automotive manufacturers are getting ready...

News

This morning, Coinbase CEO Brian Armstrong sent a mass email out to his company informing everyone that, as stock and crypto prices slip and...

News

Last week, a former cybersecurity expert for Twitter, Peiter “Mudge” Zatko, released a whistleblower report on the social platform. In his report, Zatko cited...

News

Zelle is a peer-to-peer payment app and service that can be used by individuals to send and receive money, in a similar vein to...

News

Earlier this week, following the third-term victory of Chinese President Xi Jinping, market shares in Hong Kong experienced a sudden, violent sell-off. Xi’s controversial...