SoFi Blog

With all the dire “retirement crisis” stories and statistics out there, most young professionals today are aware of how important it is to save for their own nest eggs – no matter how far away their own retirement may seem.

“You’re interviewing them as much as they’re interviewing you.”

Ever hear this piece of advice before a big job interview? In my opinion this is one of the most misleading job search tips you’ll ever hear.  It implies that an interview is a two-way street, when in reality, until an offer is extended, there’s no two ways about it.

The term “sequester” may seem so 2013, but the truth is that these automatic spending cuts are still in play – and the next round is scheduled for October 1^st.  Whether you’re currently financing an MBA or other grad school program with Direct PLUS loans or you’re considering using them in the future, these new sequester cuts may have an impact on the amount of money you’ll end up spending on your loans.

So what exactly do you need to know about student loans and the sequester?  Here’s the scoop:

Deciding to buy a home is not a decision for the faint of heart. It’s a commitment like no other, and the time it takes to dabble and explore reflects the importance of your next move.

Most people understand the importance of establishing and maintaining a good credit score.  For student loan borrowers, this means treating that debt responsibly – for example, paying on time, every time.  But that’s old news.

The new news is that FICO is making changes to the way it calculates credit scores. Because FICO’s credit scoring metric is by far the most widely used in consumer lending decisions, it’s worth exploring what this might mean for you.