Student Loans

[ad_1] The Cost of Rising Prices As prices rise, incomes can struggle to keep up, as evidenced by this year’s historic pace of inflation. The resulting strain on purchasing power has left many struggling to make ends meet. The latest evidence of this comes from Vanguard Group (VTI), which has tracked so-called “hardship distributions” among … Read more

[ad_1] The Free Application for Federal Student Aid, otherwise known as the FAFSA, is the first stop for millions of families looking to cover the cost of a college education. According to a recent College Ave Student Loans survey conducted by Barnes & Noble College InsightsTM, 89% of parents of undergraduate students filled out the … Read more

[ad_1] There are over 45 million student loan borrowers in the country. So as the end of the year nears and people begin preparing, it’s natural to ask, “how do student loans affect taxes?” The good news is that student loans usually don’t have much of an impact on your taxes. They’re loans — not … Read more

[ad_1] You’ve asked, and we’re answering: SoFi is launching options trading! Over the coming weeks, we’ll be rolling out the ability for SoFi Invest members to buy puts and calls (and sell to close the positions), making it simpler than ever to do all your trading in the same app where you manage all of … Read more

[ad_1] With the holidays coming up and inflation still hitting wallets hard, SoFi is continuing to raise our rates to ensure our members always get the most for their hard-earned money. SoFi is raising our APY (yes, again!) to 3.25%¹, 13x the national average savings account rate², on all savings balances (including Vaults) for direct … Read more

[ad_1] Editor’s Note: Since the writing of this article, the federal Student Loan Debt Relief program has been blocked due to two court decisions; the Supreme Court has agreed to hear arguments for both appeals in February. In the meantime, the Biden administration extended the federal student loan payment pause into 2023. The US Department … Read more

[ad_1] The day has finally come! SoFi Plus—our new premium membership that unlocks the best rates, rewards, and discounts across SoFi—is now available to all members. All you need to do to unlock Plus for $0 is set up direct deposit to SoFi Checking and Savings. What’s included with Plus?SoFi Plus is designed to help … Read more

[ad_1] Whether you are going back to college or just beginning your collegiate career, furthering your education can be exciting but overwhelming. A feeling of stress is common at this time. One of the main sources of this stress can be wondering how you will pay for your education. However, before taking on private student … Read more

[ad_1] Students aren’t the only ones facing a long list of things to do and some fraught emotions when they’re planning for college. It’s not a walk in the park for their parents either. While your role in college planning and financing is very different from your student’s it’s an important one — and you … Read more