The ELFI Blog
Explore the ELFI blog for tips and strategies for paying off student debt faster, saving money, and achieving financial freedom.
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2021-12-08
6 Side Hustles To Help Pay Student Loans
It’s not uncommon to take out student loans for college. In fact, according to Student Loan Hero, 69% of the […]

2021-12-06
How to Reduce Your Student Loan Interest Rates
It’s a frustrating feeling. After months, or even years, of making payments toward your student loans, the balance hasn’t budged. […]

2021-12-03
The State of Student Loan Debt (2021)
If you have a high student loan balance, you’re not alone. The Federal Reserve reported that Americans currently owe $1.7 […]

2021-12-01
Can You Use Your Roth IRA to Pay for College?
When it comes to saving for college, there are several different options available, one of which might not seem like […]

2021-11-24
Filing Taxes From a Side Hustle
Do you have a side hustle or are you thinking about starting one? You are not alone. According to a […]

2021-11-22
8 Donors, Charities, & Organizations That Pay Off Student Loans
Updated April 26, 2022 About 45 million people carry student loan debt in the United States — to the […]

2021-11-19
How Do Parent PLUS Loans Impact Your Credit Score?
As a parent, it’s natural to want to help your child succeed, and Parent PLUS Loans can be a good […]

2021-11-16
Why Is College So Expensive? 4 Factors Affecting the Cost of Higher Education
Updated April 15, 2022 If you are researching colleges and are surprised by the cost, you’re not alone. Over the […]

2021-11-15
My Student Loan Servicer Didn’t Renew Their Contract: How to Switch Servicers
Your student loan servicer is the company that is responsible for managing your student loans. The servicer collects payments, answers […]

2021-11-10
Does Paying Off Student Loans Hurt Your Credit Score?
Student loan debt can feel like a weight strapped to your back, preventing you from achieving the goals you care […]

2021-11-08
4 Reasons to Hire a Financial Advisor
People are always looking for ways to maximize their money. Yet when it comes to financial advisors — whose job […]

2021-11-05
How Student Loans Can Be Used
When you get a student loan, the expectation is that you will use the money for school-related expenses. However, school […]