SoFi Blog

Tips and news—
for your financial moves.

woman giving sibling piggyback

Should I Help Pay My Siblings Student Loans?

Family debt is never easy to tackle, but if a sibling is struggling with a significant amount of student loan debt, it can seem even more overwhelming. Should you help pay off your sibling’s student loans if you are financially secure enough to do it?

When offering money to a family member, it’s important to remember that doing so could change your relationship, even if you are offering to help reduce student loan debt for a sibling.

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Social Media and College: Does it Help or Hurt?

Due to rapidly advancing technology, today’s college students often face decisions that prior generations would never have needed to consider. This includes the use of social media and its effects, both positive and negative.

As you’ve probably figured out, there are numerous benefits to using social media to discover information, connect with friends and family , job hunt and so much more. But, there are also big buckets of negatives, ranging from wasting time, to false information being posted, cyberbullying and more.

Social media posts and profiles can have an impact, positive or negative, before you’ve even been accepted to your college of choice, and they can also both help and hurt your efforts to get a specific job, or advance in your career.

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Launching a Side Hustle: Things to Keep in Mind

Between student loans, rent, utilities, groceries, and food—expenses can add up quickly. If your regular paycheck seems to disappear in a hurry every month, it may be time to find a side hustle to boost your income. According to a 2017 report , more than 44 million Americans have found a side hustle to boost their bottom line.

With most side hustles, you’re able to customize your schedule which can give you the flexibility you need when you’re already working a full-time gig. And with a bit of leg work, you can find a side hustle that falls in line with your passions and gives you a sense of pride and fulfillment that you may not be getting at your full-time job.

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watches and car keys

Should You Make Big Purchases While in School?

When your grad school roommate gets a new TV, it can be tempting to make a similar purchase for yourself. After all, it might be the first time you’re really on your own and starting your life as an independent adult.

Perhaps you have more money at yourb disposal than you ever have by working part-time jobs or summer gigs. Or maybe you’re combining your life with a partner or starting to have kids, and you need to accommodate your growing family.

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arm throwing up graduation cap

Community College vs. 4 Year University: What’s Right for You?

Community college used to get a bad rap. But with the skyrocketing costs of post-secondary education and the improvement of community college programs across the country, it’s now recognized as a meaningful—and even prestigious—step in your education and career. So community college vs university: Which do you choose?

Whether you’re planning to continue your education immediately after graduating from high school, or your goal is to go back to school as an adult, the type of education you choose can shape your future.

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