Mark Kantrowitz

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These credit card summaries are for just one credit card. Instead, I track all my spending using Quicken, which lets me generate reports based on broad categories like groceries and dining, both for the full year and monthly. https://t.co/m6N5LjuB0j

I don't like to have to pay attention to credit card points, unless it concerns a big purchase. Otherwise, I set it up and forget about it. I'll check in once a year, but otherwise do not let it influence my behavior. https://t.co/rBx2GcEB1P

The idea that a home equity loan or HELOC is "tapping into your home's equity" is misleading. Like a primary mortgage, they are loans, not a piggy bank. Eligibility is based on ability to repay the debt (income). Home equity is just a cap on borrowing. https://t.co/bhZpDuAajt

Good overview of the different types of student loans. https://t.co/cGwgaQOV6B

Few students can go to college for free, but there are ways to reduce college costs: colleges with "no loans" financial aid, searching for scholarships, working your way through college, military student aid, and enrolling in a low-cost community college. https://t.co/hRpmITa2us

Federal student loans are available to borrowers with bad credit. But, to refinance student loans, a good credit score is required. Options include applying with a creditworthy cosigner and improving your credit score. https://t.co/o02GCrrmcZ

Avoiding student loans entirely is challenging, unless you enroll in a community college. But, you might graduate with less debt by applying for scholarships or going to a college with a "no loans" financial aid policy. https://t.co/hRpmITa2us

The U.S. Department of Education laid off nearly half their staff this month. These talented former government employees may have difficulty getting new jobs, given a sluggish employment market. https://t.co/dXv94Gsn8e

The decimation of the CFPB and termination of the private student loan ombudsman means that private student loan borrowers no longer have anywhere to get help with their private student loans. https://t.co/R48rYXpZoh

The form for switching income-driven repayment plans (minus the SAVE plan) is back up on the U.S. Department of Education website, https://t.co/ionsVPDeux

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Rather than eliminate the U.S. Department of Education, why not just rename it and claim to have eliminated it? One possibility is Federal Agency for Rigorous Training (FART).

RT @YahooFinance: The DOE has removed the student loan forgiveness application from its website. Student loan expert @mkant provides optio…

California has extended their financial aid deadline for submitting the FAFSA to April 2, 2025.

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I've translated the FAFSA into Klingon. This is a simplified version of the FAFSA, since Klingons do not have patience for long forms and bureaucracy. (The annotated version shows you the English equivalents.) https://t.co/cISBuDuPWF https://t.co/w5Sp87gQ6T