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Tag Archives: college debt

Student Debt Kills Dreams

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The amount outstanding on student loan debt continues to increase past the point it blew the roof off how much people owe on all credit card debt. Imagine, people owe more in student loan debt which is nearly generational debt. In most cases it can’t be discharged in bankruptcy and with parents and grandparents co-signing for some of these loans ... Read More »

Maybe You Should Not Go to College

Praying

I hear all the arguments about the value of a college education. And I agree with much of that. But the fact is not everyone who goes to college and takes on student loan debt graduates or even graduates into a field that pays enough to service the student loan debt. In fact 75 percent of people with student loan ... Read More »

I Had to Put Expenses on Credit Cards While in College. – John

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“Dear Steve, Graduated college in 2006, have made all my student loan payments on time and in full. By doing this I have had to use credit cards to pay for other things in life. Almost all of my loans are private, because my parents made too much money for me to qualify for government loans. My student loans total ... Read More »

My Dad Took Out Cash Advances on My Credit Card And Took All of My Savings. – Heather

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Heather “Dear Steve, I am a recent MBA grad who got into a lot of debt before and during school because I needed to help out my family. Due to my dad taking out cash advances on my credit cards and then my having to live off my credit cards during school because I had also given him all of ... Read More »

How Do I Get Rid of This Debt? – Meredith

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“Dear Steve, I am a college student and gotten myself in very bad credit card debt. It is so easy to get a card and I have managed to run up a debt close to 10,000. I had three credit cards; I have gotten rid of them, can’t use them, but still owe the debt. How do I get rid ... Read More »

College Students Sell Happiness Instead of Blood To Pay Back Student Loans

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A recent article in the Penn State newspaper disturbed me greatly. Surveys are indicating that students would rather go for a bigger paycheck over happiness, in order to deal with debts. It is one thing to seek a bigger paycheck over happiness but what these young students don’t realize is that dissatisfaction with your job easily leads you to excessive ... Read More »

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