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SoFi Blog

Tips and news—
for your financial moves.

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Benefits of Applying to College Early Action

You know which schools you want to apply to. You’re happy with your grades and extracurricular activities. It’s still the first semester of senior year, but you’re revved up and ready to start the college application process.

Good news: There is a deadline for people like you. It’s the early action college application deadline.

The early action deadline is fast approaching. If your top school options are early action colleges , you might be wondering if you should jump on the early action train or wait until spring semester.

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What to Know Before Taking the GRE Exam

Taking a standardized test can feel like an anxiety-inducing task that you’d really rather skip, but if you plan on applying for graduate school you might have to buckle down and take the GRE. Scores from the Graduate Record Examination (GRE) are a part of many graduate school applications.

The GRE is administered by the Educational Testing Service (ETS), which is responsible for the behind-the-scenes creation and scoring of around 50 million tests in more than 180 countries.

Prepping for the GRE can feel like a daunting task, but breaking it down into steps can make the process of taking the GRE less intimidating. While this information is subject to change, here are some tips about how to take the GRE today.

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Where the 2020 Presidential Candidates Actually Stand on Student Debt

In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws and more. Please note: SoFi does not endorse or take official positions on any candidates and the bills they may be sponsoring or proposing. We may occasionally support legislation that we believe would be beneficial to our members, and will make sure to call it out when we do. Our reporting otherwise is for informational purposes only, and shouldn’t be construed as an endorsement.

Editor’s note: This post was updated January 2020 to reflect current candidates.

You’d probably be hard-pressed to find a high-profile politician, these days, who’d disagree that a student debt crisis exists in the United States—or that the problem is still growing.

Some 43 million borrowers owe more than $1.5 trillion in federal government loans, according to numbers from the U.S. Department of Education’s office of Federal Student Aid. That’s more than $33,000 per borrower on average.

And in the first quarter of 2019, the Federal Reserve Bank of New York reports 10.9% of aggregate student debt was 90-plus days delinquent or in default.

Finding solutions? That’s where the debate comes in.

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Top Cities for College Grads

Finding the right place to live after graduation can be tricky. Do you pick the biggest city with the most diverse job market, or do you find a smaller city with a lower cost of living? Do you prioritize culture and entertainment or community and family? How important are climate and access to outdoor recreation?

While those are questions you’ll have to answer for yourself, the process could be a little easier with some research. You’ll likely want to consider things like employment, cost of living, housing, and overall job growth in the areas you are interested in moving to after graduation.

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Tips for Maintaining a Healthy Work-Life Balance

It’s no secret that today’s generation can have a hard time setting healthy boundaries between their work life and their personal life.

Whether it’s figuring out how to stop checking work emails late at night or how to develop a healthy relationship with work income and spending in the face of student loan debt, navigating the workplace in a sustainable way is often easier said than done.

The constant demands on today’s workers can sometimes make it feel like work doesn’t really have an “off” switch. Thanks to social media and email, it can sometimes start to feel like you’re losing control of your own time and life—working around the clock, even when you’re outside of your physical office.

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