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Archive for the ‘Bankruptcy and Student Loans’ Category
5 Ways to Avoid Bankruptcy
For diverse reasons that span from medical bills to irresponsible credit use, tens of thousands of US citizens struggle each year to avoid bankruptcy. Whatever your reasons for financial insecurity, dealing with the problem can help you retain a decent credit rating, and enhance your ability to make ends meet on a monthly basis. Here […]
Is Student Loan Consolidation Worth It?
As tuition costs have risen astronomically, the burden of student loans has also increased considerably. It’s not uncommon to have five or six different lenders and over $30,000 in debt by the time you graduate. If you’re struggling to keep up with your student loans, you might be thinking about loan consolidation or loan forgiveness […]
FAFSA Tips ‘n’ Tricks
Applying for financial aid can seem like a never-ending series of forms to fill out and hurdles to clear. It all begins with the FAFSA, or Free Application for Federal Student Aid. This one application sets the stage for your entire loan processes. The more you know ahead of time, the better prepared you’ll be, […]
What the Federal Government is Doing About the Student Loan Situation
With the average college graduate hauling upwards of $30,000 worth of student loan debt into the workforce, it’s not surprising that many aren’t exactly getting a big jump out of the starting gate. In an already tight job market, starting off in debt makes finding a job that can support you that much more of […]
What It Means to Default on Your Student Loans
Higher education is taking its toll on students across the nation, leading many people to question whether or not a college degree is worth it. As of today, collective student debt is at an astonishing all-time high of $1.16 trillion. That’s $31 billion more than it was last year. The cost of higher education is […]
What Obama’s doing to Ease the Student Loan Burden and What It Means for You
Brace yourself: big changes are coming to your student loans. For years Congress has been working to pass legislation to help rope in swelling student loans. But much like everything else that’s government-related, it’s important that you read the fine print. That’s where we come in. Student Loans: Debunked The first major change is the […]
10 (Once) Prominent Businesses That Went Bankrupt
Did you know an estimated 500,000 businesses open and close each year? A variety of factors can contribute to a businesses’ bankruptcy, yet whether it’s due to an ever-changing market, declining sales, or some kind of internal cover-up, the results are always the same. But even while some business are often (wrongfully) deemed “too big […]
The Life and Death (and Rebirth) of the Twinkie
When Hostess filed for Chapter 11 bankruptcy in 2012, people across the country felt a collective lump in their stomachs (perhaps it was indigestion?) as the once-powerful American food manufacturer began liquidating its assets. However, the long-time brand was given a new lease on life when the company was bought out late last year and […]
How 10 Year-Olds Make More Money than College Students
College students have it hard these days. Students not only have to contend with the rising cost of a college education but also with heavy interest rates on student loans. Because they’re younger they have to pay more for certain insurance premiums, and because they’re enrolled in school they have less time to work and […]
