by Ross Hornish | Apr 24, 2020 | Finance
A no-interest student loan is equivalent to winning a lottery but it is not free money. It entails paying the actual amount that was borrowed during the time of refund, unlike traditional student loans that are accompanied by their respective interest rates which...
by Ross Hornish | Apr 13, 2020 | Uncategorized
0% FED interest rate. 0% Federal student loan interest rate. These are truly amazing times. However, 0% interest does not mean 0% action. There was a shock on Sunday, 15th of March 2020 as the Federal Reserve made a proclamation that it would reduce interest rates to...
by Ross Hornish | Mar 20, 2020 | Student Loans
America has a real debt problem. With the national student loan debt now sitting somewhere around $1.6 trillion, it’s very clear that you need to seize any opportunity you can to diminish your contribution to the statistic. Low-interest rates make the present an...
by Ross Hornish | Oct 21, 2019 | Student Loans
2019 U.S. Student Loan Debt StatisticsStudent Loan Statistics: OverviewTotal Student Loan Debt: $1.56 trillionTotal U.S. Borrowers With Student Loan Debt: 44.7 millionStudent Loan Delinquency Or Default Rate: 11.4% (90+ days delinquent)Direct Loans – Cumulative...
by Ross Hornish | Oct 17, 2019 | Student Loans
Today, those that graduate college with student loans owe, on average, close to $30,000 and, over the coming years, they’ll likely repay more than that amount because of the rising rates of interest (the interest rate of the 2019-20 undergraduate class was 4.53%)....
by Ross Hornish | Jul 24, 2019 | Student Loans
Today, approximately 70% of college graduates leave institutions of higher learning with significant amounts of student loan debts; over 44 million Americans collectively owe almost $1.5 trillion – that averages out to 1 in 4 American adults with student loan debts,...
by Ross Hornish | Nov 4, 2018 | Student Loans
Today is Daylight Savings Time and despite your feelings on the matter, most of us turn our clocks back one hour. The concept of turning back time has always fascinated people in modern times. It was popularized by H. G. Wells in 1895 with his novel The Time Machine...
by Ross Hornish | Apr 15, 2018 | Finance
Your house. A business you started. That car that you love. Your wedding ring. Medical bills associated with a catastrophic event. These are all things that you can file for bankruptcy. However, if you’ve ever asked yourself “Can I file for bankruptcy on...
by Ross Hornish | Apr 7, 2018 | Finance
The student debt problem on its own is a huge problem that affects millions of graduates and continues to grow exponentially every year. Behind the student loan epidemic is the behavioral effect on young adults as a result of their significant debt position....
by Ross Hornish | Mar 27, 2018 | Student Loans
Ever wonder how student loans actually work? Most of us have them, but there’s more than meets the eye. Secondary education has become increasingly important for young professionals and increasingly expensive over the last couple of decades. As a result, it has...
