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Millennials Are Seeking Prenups—and It Might Just Be Worth Considering

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How and When to Combine Federal Student Loans & Private Loans

Got student loans? We’ve got you covered with our Student Loan Smarts blog series. Our expert tips and hacks will help you save money, pay off loans sooner and stress less about student loan debt. Read the other posts in the series here—and get all the info you need to make intelligent decisions about your student loans. And while you’re at it, check out SoFi’s new Student Loan Debt Navigator tool to assess your student loan repayment options.

One of the biggest student loan myths out there is that borrowers can’t consolidate federal student loans and private student loans into one loan.  It’s understandable why people think that, since this wasn’t an option for many years.  But now that the choice is available, it’s important to understand whether federal and private loan consolidation is right for you – especially when there’s the potential for significant cost savings on the line.

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Paying for College: Should Parents Take Out Loans or Tap Retirement Savings?

With higher education expenses galloping far ahead of inflation, parents at all income levels are finding it difficult to help out with their kids’ college education. If you’re one of many parents whose savings is coming up short, even with a 529 Savings Plan, a Coverdell, or other education-specific plan in place, you may be considering other options to cover the expense gap, including taking out a loan or dipping into retirement accounts.

Before going either route, be sure to fully explore the options available to your family, including potential grants, financial aid, work study programs and employer-provided education assistance programs. And if it’s too late to apply or your child won’t qualify for financial aid, your family may still qualify for one of the tax credits or deductions currently available. While these education-related tax credits won’t necessarily help every family due to limitations and income level phase-outs, they are worth exploring if you’re new to the education funding process.

If you want to explore using retirement savings or private loans to help close the funding gap, here is an overview of the available options in those areas.

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Why Federal Student Loan Interest Rates Matter for Grad School

As the 2016 presidential hopefuls announce their plans to deal with student loan debt, student loan refinancing is once again at the center of the education debt debate. The media coverage thus far has made a couple of things pretty clear. First, a lot of people are unaware that they can apply to refinance federal student loans through a number of private lenders right now – no legislation required.

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Should You Go to Grad School? 3 Questions to Ask First

The “should I go to grad school?” question is a lot different today than it was just a few years ago.

Between 2000 and 2012, graduate programs were the fastest growing segment of the higher education market, with the annual production of master’s degrees increasing 63% during that timeframe, according to federal data. In particular, enrollments spiked after the 2008 global financial crisis, when many people returned to school to bolster prospects in a depressed job market.

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