Blog Archives

Older Americans and student loan debt

Posted on January 11, 2017 by Elaina Johannessen — No Comments ↓

Student loan debt continues to grow and affects adults of all ages; the number of older adults with student loans has dramatically increased as well. “Student loans make up the nation’s second largest consumer debt market, and seniors are the…

Tagged with: Budgeting, Debt, default, LSS, lss financial counseling, personal finance, Planning for retirement, repayment options, Student Loan Debt, Student Loan Repayment, student loans
Posted in Student Loan

How to pay off your student loans faster

Posted on November 17, 2016 by Elaina Johannessen — No Comments ↓

Student loans are very common these days and can take 10+ years to pay in full. Typically only mortgages take longer to pay off! And if you temporarily suspend payments or go back to school and interest accrues, your loan balances will…

Tagged with: Budgeting, conquer your debt, consolidation, free student loan counseling, interest, interest charges, lss financial counseling, nonprofit, pay off debt faster, personal finance, repayment options, student loan borrower assistance, student loan options, Student Loan Repayment, student loans
Posted in How to Guides, Student Loan

Portrait of a student loan borrower

Posted on October 10, 2016 by Elaina Johannessen — No Comments ↓

Let me tell you about someone I recently met with during a financial counseling session. About “Ann” Ann is a 54-year-young, mother and wife. She works on average 32-34 hours a week at a job she loves. Ann is an activity…

Tagged with: Budgeting, conquer your debt, consolidation, forgiveness, graduated payment, ibr, icr, lss financial counseling, personal finance, repayment options, standard payment, Student Loan, student loan options, Student Loan Repayment, student loans
Posted in Financial Counseling, Student Loan

You shouldn’t pay for student loan help

Posted on September 21, 2016 by Elaina Johannessen — No Comments ↓

Navigating the student loan repayment world can be tricky and stressful, especially if you don’t earn quite what you wanted after graduating. So you are in repayment and need help with your loans, but a company is asking you to pay to get…

Tagged with: action plan, budget, conquer your debt, consolidation, Credit Counseling, Debt, default, financial health, financial stress, free, free student loan counseling, lss financial counseling, nonprofit, nonprofit financial counseling, personal finance, repayment, repayment options, Student Loan Counseling, Student Loan Debt, student loan repayment options
Posted in LSS Financial Counseling, Student Loan