SoFi Blog

Credit cards. They’re just small, rectangular pieces of plastic, yet have the ability to help people prosper—or cause unexpected financial damage. SoFi members Peter and Gloria Hoch of St. Louis, Missouri, know something about that. Together for 36 years, the couple racked up about $23,000 in credit card debt in just over five years.

Building a strong relationship with your boss is a critical part of your career success. And it’s not just because a boss you get along with might be more likely to offer you a raise or promotion, or write you a great recommendation.

When you’re on solid footing with your manager—when you trust and respect each other, work smoothly together, and communicate seamlessly—you’re more productive and motivated. And when you’ve got that going for you, you’re healthier and happier.

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 to get all the info you need to make intelligent decisions about your student loans.

Student loan debt can cause you to delay important life decisions, such as those around marriage and family, or postpone big savings goals like buying a house. But by refinancing, you won’t have to put your dreams on hold. All you need is a little guidance and a plan.

Couples in committed relationships share a lot of things, from values and goals to favorite takeout places to Netflix and Spotify accounts. But many couples share something else: student loan debt. It’s not at all unusual—nearly 70% of people holding a Bachelor’s degree leave school with college debt—but it can be trying and cause concern.

If you and your partner are in that group, you might have already discovered how student loan debt can affect your financial lives. And if you’re like 54% of people surveyed, you might even have had second thoughts about taking on the debt of the person you love.

If the United States economy was a movie, student loans would be the super villain– or at the very least, a founding member of the Suicide Squad.

Over the past decade or so, outstanding student loan debt has grown faster than a toxic algae bloom, surpassing a whopping $1.3 trillion. Saddled with increasingly scary levels of debt, young professionals have decreased spending and put off major purchases, such as buying a home, fueling an ongoing drag on the economy. Inability to pay student loan debt can even lead to mental health issues and physical illness, which can have a major impact on employee productivity and business performance.