If you have a $30,000 loan balance, and you’re making standard payments on a 10-year term (we’re assuming a 4% interest rate), paying $100 extra a month gets you out of debt THREE YEARS EARLIER.
Dylan had only ever heard of companies helping people go back to school — not paying money toward student debt. “You don’t even have to have a degree toward your job. They just said if you went to school and have debt, fill this out. Boom. It was the easiest five minutes of my life.”
Nurses have plenty of options for forgiveness or repayment programs. If those don’t work for you, we’ll end this article with five other options to pay your loans off as quickly as possible.
Only 17% of U.S. employers offer student loan repayment assistance, which is straight up bananas. (Not to mention that some of those existing programs don’t offer any actual cash)
According to a recent report by the National Education Association (NEA), 45% of our country’s educators borrowed money to go to school — $55,800, on average.
Athletic scholarships are harder to get than academic scholarships, and for most athletes, they don’t cover the full cost of college.
> What is it, how does it work, and how does it affect you? Update: I have edited this post to more accurately reflect the details from the CARES act pertinent to student loans. I used this summary [https://www.bakerlaw.com/alerts/president-to-sign-2-trillion-cares-act-with-significant-tax-and-workforce-relief-for-businesses-and-individuals] as my guide. If you are