Most People Will Never Save Enough Money for College
Parents of a newborn who are curious about saving for your child’s college education should consider the following: let’s say the annual current cost of college is $25,000, college costs have an inflation rate of 4%, a college investment account returns...
Avoid this Overpayment Mistake
This week’s blog post was written with permission about one of our Family Access users. Remember, IonTuition users can grant free accounts to family members. Anne is a Typical Student Loan Borrower Anne is an elementary school teacher with over $10,000 in...
Should You Invest or Pay Down Student Debt?
When you’re in the desirable situation of having a extra money in your monthly budget, what do you do with those additional funds? Save it? Use it to pay down student debt? Invest it? It’s not always an obvious decision. If you save it, then your money...
Student Loans Affect Your Credit Score
A credit score is a measurement of a person’s trustworthiness to repay their debts. Scores range from 300 (very poor) to 850 (excellent). A person with a high credit score has a history of on-time payments, a reliable income, and a relatively low amount of...