by Judith Ackland | Jul 13, 2018 | Education, Student Debt
As costs continue to rise, loans can be useful to help cover the price tag of college. However, students and parents need to understand the implications of each type of student loan to help avoid sticker shock after graduation. It is important to remember that loans...
by Judith Ackland | Sep 22, 2017 | Crystal Financial Solution, Crystal Financial Solutions, Student Debt
Late summer and fall is when students head back to college or start college for the first time. While these students and their parents have been thinking about how to pay for college, what to take to college, how to decorate the dorm room, and what classes to take,...
by Judith Ackland | Sep 8, 2017 | Student Debt
As the cost of attending college continues to increase, so does the student loan debt level. According to a report by the Consumer Financial Protection Bureau, the average outstanding balance is now $34,144. Plus, the percentage of borrowers owing $50,000 or more has...
by Judith Ackland | Jul 14, 2017 | Student Debt
Cartoon by Daryl Cagle, MSNBC.com This week’s blog is all about student loan debt. Unfortunately, many students head off to college without learning how taking on student loans can negatively affect their future financial life and all the effects that come with the...
by Judith Ackland | May 19, 2017 | Student Debt
I just read an article about household debt in the United States. It’s now higher than it has ever been, even before the 2008 financial crash. The authors of the article went back and forth between whether the increased debt was good or bad. The increased debt...
by Judith Ackland | Mar 10, 2017 | Consumer, Student Debt
Millennials — those folks ages 23 to 35 — seem to be experiencing financial woes greater than their parents suffered at the same age. Some statistics: Millennials are using credit cards more, often becoming subject to late payment fees and finance charges. More than...