Nitro Knowledge. Your Guide to Paying for College.
While the process of applying to refinance your student loans isn't particularly time-consuming, you'd probably rather not spend the half hour collecting documents and filling out paperwork if you think your application will be denied.
One of the best ways to increase your chance of successfully refinancing your student loans is to apply with a cosigner.
Let’s just come right out say it: some of the jargon associated with refinancing your student loan can be tough to get your head around.
But here’s the good news: refinancing isn’t nearly as complicated as you might think. In fact, it’s possible to apply and even get a conditional acceptance in less than an hour.
If you're a recent dental school graduate, you probably don't need us to tell you that dentists' student loan debt rivals that of doctors and lawyers.
According to American Dental Education Association (ADA), dental school graduates with student loan debt have an average of $287,331 to repay, and more than 30% of indebted graduates' loans amount to more than $300,000.
Did you know that Americans now owe more than $1.53 trillion in student loan debt, with 2016 graduates owing an average of $37,172?
If you're part of that statistic, you may have heard that refinancing your student loans can be a smart way to pay off your loans faster and save money. In fact, refinancing can save borrowers an average of more than $15,000 over the life of their loan.
When I was considering quitting my full-time job to start working as a freelance writer, I got a lot of advice. Some of it was great; some was off the mark. And some was impossible to follow.
The biggest piece of impossible-to-follow advice I got was also the piece that sounded the most sensible: don’t quit your day job without six months’ worth of living expenses in your savings account.