What are the things to know about a student loan in the USA before borrowing? Taking out student loans can be necessary to pay for college and open doors for your future. But borrowing also comes with serious financial burdens if not approached carefully. Before signing any promissory note, understand the key factors about student … Read more
Student loan exit counseling is as crucial as counseling to determine which loan to take. Graduating from college is an exciting time. You’ve worked hard for your degree and are ready to start the next chapter of your life. But before you toss your cap in the air, there’s one important thing you need to … Read more
You’re an independent student ready to attend college or graduate school. But there’s one potential hurdle standing in your way – getting approved for student loans without a creditworthy cosigner. Many student loans require a cosigner, usually a parent or guardian, who agrees to take responsibility for the debt if you can’t repay it. However, … Read more
Taking out student loans is often necessary to pay for college, but you may need more credit history if you are considering a private student loan; a cosigner is usually a requirement. In this case, adding a cosigner to your loan application can help you get approved. But before you make this decision, some important … Read more
A student loan can be an important way for students to fund their college education, and as a student in Jamaica, there are several loans you can access. However, taking on debt is a big responsibility that requires careful consideration. This article provides an overview of student loans in Jamaica – who is eligible, how … Read more
Student Loan Interest Deduction Phase Out: You may be familiar with the student loan interest deduction if you have student loans. This tax deduction allows you to deduct up to $2,500 of the interest paid on your student loans yearly. However, income limits, known as phaseouts, can reduce or eliminate your ability to claim this … Read more