Author: Jason Butler

Why I’m not Waiting 10 Years for My Loans to be Forgiven

If you’ve read some of my previous posts, you know that I have student loan debt. I’m not ashamed of it. I realized that I made a few mistakes in the past and that I have to deal with it. I’m in the process of repaying those loans now. It’s going to take a little while to eliminate them, but I know that I will get it done. I looked at other ways that I could eliminate my loan debt. One way that I found that you can eliminate your loans is through Public Service Loan Forgiveness. With PSLF,...

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5 Reasons Why I’m Not Going Back to College

Whoever said college would be the best time of your life didn’t lie. My college years were filled with a lot of fun experiences. There are not too many things I would change about it. Over the years, several people have suggested that I go back to school and get a Master’s Degree. Every time someone asks me that, I tell them quickly, no thanks. Some people are shocked when I tell them that, while others understand. I have my reasons why I’m not going back to school. Keep reading to find out why.More DebtI currently still have over...

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Why I Think Student Loan Debt is at an All-Time High

Raise your hand if you have student loan debt. I’m sure that a lot of you raised your hands just now. I know I did. Student loan debt is at an all-time high right now. According to Marketwatch, the United States student loan debt exceeds $1.3 trillion. That’s trillions with a T. That is a ridiculous amount. To say that we have a problem with student loan debt is an understatement. I believe that there are several reasons that the student loan debt is so high today. Today, I want to discuss five of them.Rising College CostsThe cost of...

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The Smart Approach to Student Loans

Student loan debt is an epidemic in this country right now. According to the US Department of Education, the median student loan debt has risen from $12,110 in 1990 to $31,941 in 2015. That's a 163.8% increase. That is ridiculous. The crazy thing is that since that's the median, there are a lot of people that have more debt than that.What are students supposed to do?If you're already a college graduate, you should try to pay off your student loan balance as soon as possible. Figure out which repayment option works best for you and get to work.If you...

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Why You Should Take Out Student Loans

At times, the student loan industry gets a lot of flak. With over forty million of us in student loan debt, I can see why that happens. It's not always the lender's fault. Tuition increases and lack of knowledge are some reasons why student loan debt is so high. Many people think student loans are bad and that you shouldn't take any out. Today, I want to go over a few reasons why a student should take out loans.Knowledge is PowerI'm sure that you have heard the saying "Knowledge is power" hundreds of times. It's a very accurate statement....

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