Why might you want to think twice about refinancing your student loans through a private lender? Here are some things to consider when determining if refinancing makes sense for you.
The unintended consequences of private refinancing
There’s a pretty good chance that if you have student loans (and even if you don’t), you have received a flyer or some type of marketing piece describing how much interest you would save if you “refinanced” your student loans. There has been tremendous growth in the private student loan market and with that growth has come lots of marketing that has left recent grads confused and unsure about their debt. This post will discuss various aspects of refinancing your loans with a private lender and some of the potential negative consequences.
What to do with your finances during dental school
Wondering what you can do with your money even while you don’t have any? Here are some ideas of what you can do while in dental school to set yourself up for financial success.
HPSP scholarship: Say “no” to dental school debt by saying “yes”
Practicing dentists and current dental students know, and we predentals claim to know, just how expensive a dental education is. What does “expensive” really mean though?
The American Dental Education Association (ADEA) sought to find that out in 2013 with the ADEA Survey of Dental School Seniors. Out of the 4,134 survey respondents, 30.8% said they will be graduating with $200,000-$299,999 in debt. Even worse, 18.5% said they will have between $300,000-$399,999 in debt, and worst of all, the least fortunate 9.4% will graduate with more than $400,000 in debt.
Read on to learn how you can get part of your education paid for…
Your options for student loan repayment
If you were at the NLC last month, you saw my colleague, Steve Swan, speak about debt management. As a refresher, we will go through some of your options for student loan repayment here. The following are the four most common methods for managing student loan debt upon graduating from dental school…
You can refinance your home, so why not your student debt?
You may have heard recent buzz over newly proposed legislation that would allow students and former students to refinance their student loans. But what does this really mean to you?
The proposed law would attempt to afford students who have already taken out student loans at fixed rates to refinance these loans. Essentially what this would allow student to do is take advantage of the current lower interest rates that apply to new student loans. Keep reading to find out more and to learn how you can tell your lawmakers this is a good idea.
10 ways ASDA made a difference in 2013
Happy New Year! Read on for 10 ways that ASDA made a difference in the lives of dental students this past year. Comment on this post and tell us what you’d like from ASDA in 2014.