• Living Now
    • Parenting and Co-Parenting
      • Separation and Divorce
    • Love
      • Relationships
      • Date Ideas
    • Lifestyle
      • Single Parent Life
        • single dads
        • single moms
      • Self Care
      • Advice
        • Inspiration
        • Advocacy
          • Local Resources
          • National Resources
          • Non-profit
        • Life’s Answers
        • Daily
        • Time Management for Single Moms
      • Style
        • Beauty
      • Dallas-Fort Worth Family Fun News
      • Restaurants
    • Money
      • Career
      • Budgeting
        • Deals
    • Event Calendar
    • Food and Nutrition
      • Mom’s Fitness
  • Drive
  • Travel
    • Dallas
  • Events
  • Nav Social Menu

    • Facebook
    • Instagram
    • LinkedIn
    • Pinterest
    • Twitter
Dallas Single {Mom} Parents by Teia Collier

Dallas Single {Mom} Parents by Teia Collier

  • Contact Dallas Single Mom
  • Teia Collier
  • Retreat
  • Shop
    • Store Affiliates
  • Services
You are here: Home / Random / How Student Loans Affect Your Life (And What You Can Do about It)

September 30, 2020 ·

How Student Loans Affect Your Life (And What You Can Do about It)

Random

The current student loan debt is $1.53 trillion, and it’s only going to rise as the cost of education continues to increase with the coming years. If you’ve recently graduated and want to know how student loans affect your life, then we’re here to help.

You shouldn’t face a life buried under student loan debt because you chose your education over anything else. Take time now to read this guide thoroughly and find student loan debt relief today.

Make It Challenging to Pay Bills

When you’ve got to work and support yourself after college while paying back student loans, things can be complicated. You may find yourself struggling to make ends meet and not keep up with your monthly payments.

Instead of drowning under the weight of your student debt, you should think about refinancing defaulted student loans. Refinancing your loans can help you to reduce the amount of your monthly payments and make it easier to keep up with your responsibilities as it pertains to your debt.

Continuing Education Postponed

Another way that student debt can negatively affect your life is if you want to further your education by attending graduate school. When you run the numbers and calculate how much more debt you’ll take on, it may cause you to mark graduate school off the list.

If you’d like to enter graduate school, you may consider applying for jobs that will pay for your continuing education. Some jobs will ensure that you’re able to continue your education as long as you continue working with them and make regular student loan payments.

Moving Back in With Your Parents

If your student loans are ruing your credit, you may not be able to move into your own home. And will then have to move back in and live with your parents.

This isn’t a complete disaster because living with your parents allows you to save money and stay ahead of your student loan payments. Once you’ve gotten your debt under control and are in good standing with the company, you can take the steps necessary to move out and into your own home.

The Government Steps In

Another reason that student loan debt is detrimental is that it can cause you not to receive the tax returns that you’ve been hoping for. If you’ve defaulted on your student loans, you’ll find that the government will continue to seize your tax return to pay back the loans in severe cases.

They may also garnish wages that you’re being paid from your current job.

How Student Loans Affect Your Life?

How student loans affect your life, you may be wondering. Well, all of the answers that you need are listed above. Student loan debt can leave you gasping for air, trying to rise above it all.

But there are some ways that you can get ahead and stay ahead of your payments. If you’d like more advice about personal finances continue to search through our blog section for other posts.

Share this:

  • LinkedIn
  • Twitter
  • Pinterest
  • Facebook
  • Email

Enter here and win!

Visit other giveaways at Dallas Single Mom {Parents} and enter to win some awesome prizes?

Disclosure

All opinions presented are 100% my own or the author’s own.  See the disclosure page for information. This blog participates in sponsored posts and features posts by guest experts.  We also receive promotional consideration to provide information, experiences and equipment on this site as a part of our business model.  TCB- Dallas Single Mom {Parents} may use affiliate links to direct visitors to the products that we personally use.

Previous Post: « Learn about a safe way to protect our kids health #HPVCancerFree
Next Post: Debt Settlement vs. Debt Consolidation: The Pros, Cons, and Everything in Between »

Primary Sidebar



Want Good Stuff in the Email? Join Us

Ask Dallas Single Mom – Useful Advice for Everyday Living

Reader Advice

Chatting with the Eye Opener Team about Dating After Divorce

https://www.youtube.com/watch?v=_4doGeg37fs&t=121s

Follow my blog with Bloglovin


 

TheSmartWallet.com

Dallas Single Mom Brand Partnerships and Blogger Networks

Media Leaders Influencer Network
Teia Collier  (@DallasSingleMom) - influencer profile on Dealspotr
dealspotr.com
The Network Niche

See a complete list here!

About Teia

 

Credit: Becky Branch Photography

Teia Blackshear Collier is the mother of three and the Publisher and Lead Storyteller at Dallas Single Mom by Teia Collier Brands. A seasoned social and automotive journalist, she shares her adventures and offers ways for Dallas’ single parents to lead their best lives now through education, encouragement, inspiration and active civic engagement despite life transitions.  With a background in education, civic service, corporate wellness, private lifestyle management, and fundraising, Teia connects parents to the products, services, and resources to enable them to live their best lives now as parents, community members and individuals capable of great good.

Connect with Teia!

 

Dallas Single Mom {Parents) by Teia Collier is the premier Dallas-based lifestyle guide and concierge resource service whose purpose is to inspire, encourage and support single parents choosing to live their best lives now.

 

Teia Collier Brands, Dallas Single Mom, their subsidiaries and contributing staff are participants in a variety of affiliate advertising and marketing program designed to provide a means for us to earn supplementary income.

Footer

Company Information

  • Mission Statement
  • Contact Me
    • Submit Your Events
    • Advertising and Sponsorships
  • Terms of Service
    • Privacy Policy
    • Social Media Policy
    • Disclosure
    • Giveaway Terms & Conditions
  • *******
  • FAQ
  • Blog Networks I work With

Follow the Journey on Instagram

Copyright © 2021 · beloved theme by Restored 316

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.