You’ve Paid Off Your Student Loans. Now What?
You’ve defeated student loan debt — congratulations! Considering the average student debt payment is about $300 a month, you might be pleasantly surprised with the new wiggle room in your…
Cecilia Clark
Cecilia is a student loans writer with NerdWallet, where she helps readers navigate the landscape around college finances. Before coming to NerdWallet, she served as an army officer and then as a freelance cybersecurity writer. Cecilia has a BA in English and an MEd in Teaching and Learning English.
Posts by Cecilia Clark:
Student Loan Interest Rate Dropping to Historic Low
We don’t know exactly what college will look like in the fall, but student loans to get there just got cheaper. The interest rate on new undergraduate federal student loans…
First Republic Bank Suspends Student Loan Refinance Program
First Republic Bank stopped offering student loan refinancing in May 2020. While the bank will continue to service its existing refinanced loans, it isn’t accepting new applications for student loan…
Are Student Loans Simple or Compound Interest?
Almost all student loans use simple interest. Simple interest loans charge interest only on the principal. Compound interest loans charge interest on the principal and any unpaid interest, which makes…
