Synopses & Reviews
Get a plan to manage student loan debt!
"Gobel writes in a straightforward, matter-of-fact way that makes it easy for the reader to understand the nuances of student debt without feeling overwhelmed. This book is full of relevant information that is organized perfectly for someone who wants a quick but thorough understanding of how to repay student debt in an efficient yet manageable way."
Erin Joyce, Managing Editor, Investopedia; President and Owner, E3 Writing Services
Are you up to your eyeballs in student loan debt? You aren't alone! This trusted guide gives you a step-by-step road map for getting out from under student loan debt while keeping the rest of your finances on track. You'll get expert advice on how to:
Evaluate your student debt situation
Organize your student debt payments
Consolidate your federal loans
Manage your private loans and payoff strategies
Budget for your lifestyle and your loans
Pay off your non-student-loan debt
Understand how your debt looks to lenders
Budget during inflation, layoffs, pay cuts, and career changes
Pay off your student loans early
Review
For a good how-to manual, pick up "Graduation Debt: How to Manage Student Loans and Live Your Life," by financial blogger Reyna Gobel.- Claudia Buck, Sacramento Bee http://www.sacbee.com/2010/06/27/2850627/digging-out-of-debt.html
Reyna Gobel has a message for college graduates who, like her, find themselves carrying around student loan debt the size of a small mortgage: Dont wait until you pay it back to start living your life. - Kimberly Palmer, Usnews.com http://money.usnews.com/money/blogs/alpha-consumer/2010/6/18/the-smart-way-to-pay-off-student-loans.html
True to the CliffsNotes brand, this compact guide walks you through the student loan labyrinth starting with "know what you owe." - Michelle Singletary, The Washington Post http://www.washingtonpost.com/wp-dyn/content/article/2010/06/05/AR2010060500721_2.html?sid=ST2010060503047
Rather than take a judgmental approach, Gobel acknowledges that young people make mistakes - the idea for the book came from her own botched approach to student loans -- and makes realistic suggestions to fix problems. - foxbusiness.com, Emily Driscoll http://www.foxbusiness.com/story/personal-finance/financial-planning/college-education/break-free-gigantic-graduation-debt/
Synopsis
Graduation Debt is different from the competition because it provides a step-by-step road map for effectively managing student loan debt and having a successful financial life. Yet, it's completely positive. The focus is less on sacrifice and more on not wasting money, so readers can live better lives while paying off debt.
The book's content is divided into 200-word subsections geared toward those neck-deep in student debt. The brevity of each section makes the book digestible to those who aren't inclined to focus on their finances. The appendixes put the book's lessons into action with sample FICO reports, budgets for different debt and income levels, calculations of debt-to-income ratios, and a filled-in credit report dispute form.
Synopsis
Graduation Debt is different from the competition because it provides a step-by-step road map for effectively managing student loan debt and having a successful financial life. Yet, its completely positive. The focus is less on sacrifice and more on not wasting money, so readers can live better lives while paying off debt.
The book's content is divided into small subsections geared toward those neck-deep in student debt. The brevity of each section makes the book digestible to those who arent inclined to focus on their finances. Readers are encouraged to take action steps such as finding long lost student loans that may have gone into default, discovering payment plans they can afford, consolidating loans when it makes sense to do so, saving money on eating out and groceries, improving credit scores, tweaking their debt-to-income ratios that's needed to buy a home, discussing their student loan and non-student loan debt with their significant others.
By the end of the book readers will be on the road to managing all their debt and having extra money for vacations and other fun stuff, too.
Synopsis
The perfect resource for parents considering the most effective waysand#160;toand#160;pay for their childrenandrsquo;s college tuition using 529 plans, savings accounts, and other investment accounts, and effective strategies for strategically repaying federal and private student loans.
Synopsis
One of the most reliable sources of college tuition strategies before, during, and after college that parents will ever find Geared toward parents who are preplanning how to effectively save for their childand#39;s future college tuition as well as last-minute tuition savings advice, this invaluable resource gives no-nonsense advice from author Reyna Gobel, a recognized expert in the field of saving for college and repaying student loans. Reyna provides guidance on 529 college tuition savings plans, additional ways to save for college without breaking the bank, and repaying student loans that parents might have acquired. One of the best, most reliable sources of college tuition strategies before, during, and after college that parents will ever find!
About the Author
d curriculum development specialist for iGrad, a financial literacy organization that provides video and written course materials on financial literacy and repaying student loans to over 300 colleges and universities. You can submit a question to her by emailing
[email protected] or tweet her at @reynagobel.
Table of Contents
About the Author.
Introduction.
1 Evaluating Your Student Debt Situation.
2 Organizing Your Student Debt Payments.
3 Consolidating Your Federal Loans.
4 Managing Your Private Loans and Payoff Strategies.
5 Budgeting for Your Lifestyle and Your Loans.
6 Paying Off Your Non-Student-Loan Debt.
7 Understanding How Your Debt Looks to Lenders.
8 Surviving Debt and Relationships.
9 Budgeting During Inflation.
10 Budgeting Through Layoffs, Pay Cuts, and Career Changes.
11 Paying Off Your Student Loans Early.
12 Reaping the Rewards of a Frugal Lifestyle.
Index.