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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Pros and Cons of Paying Off Student Loans Early
If you’re one of the millions of people with education debt, paying off student loans in full is likely a […]
How Do Student Loans Affect Taxes?
If you have outstanding student loan debt, taxes are likely the last thing you want to consider. But your student […]
What Happens When Your Student Loans Go to Collections?
Paying back student loans can be challenging, and if you don’t keep up with your payments, your loans could end […]
5 Best Ways to Invest While You’re in College
When you think of investing, you might picture Wall Street types in power suits buying and selling stocks. But you […]
When Do Student Loans Start Accruing Interest?
Despite the standard repayment plan lasting ten years on federal student loans, most borrowers pay back their debt over 16 […]
How Long Does it Take to Pay Off Student Loans?
According to data from the U.S. Department of Education’s Federal Aid Office, 43 million borrowers in the U.S. owed a […]
What Does President Biden’s Student Loan Forgiveness Announcement Mean for Borrowers?
On August 24, President Biden announced a plan to forgive $10,000 in federal student loans for qualified borrowers and up […]
FAFSA Explained: How to Complete the Free Application for Student Aid
The cost of college has increased by 169% since 1980. While that number may cause sticker shock for some people, […]
What Is The LSAT?
Whether your hero is Atticus Finch or Elle Woods, you may dream of becoming a lawyer. The Law School Admission […]
How Student Loan Debt Can Affect Buying a House
It’s no secret that student loan debt is a major issue. As of 2022, there are more than 44 million […]
8 Strategies to Get Last Minute Tuition
You know how expensive college can be. However, you may be surprised to find out that your financial aid package […]
Joe Biden and Student Loan Forgiveness
Update, 4/21/2023: On August 24, 2022, President Biden announced his plan to forgive up to $10,000 in federal student loan […]