19 Best Books on Student Loans

You don’t have to spend decades paying off your student loans! You can destroy your debt fast and live a life of freedom.

You’ve been lied to: there’s no such thing as good debt. Debt sucks. Period. And that includes student loan debt. No matter what you believed – or were told – when you took out your loans, you need to get serious about getting rid of your debt fast, because it’s costing you more than you know. That’s why best-selling author Anthony ONeal wrote this motivating audiobook – to show you why you need to dump your debt fast and how to do it.

If you have student loan debt and have never heard of Ramsey Solutions or the Seven Baby Steps, this book is for you. Anthony will walk you step by step through Baby Steps 1 and 2 to show you how to dump your debt forever. You’ll learn:

• The ugly truth about how debt hurts you
• The importance of an emergency fund and how to budget (Baby Step 1)
• The power of the debt snowball (Baby Step 2)
• Exactly what to do to pay off your student loans faster
• How to control your money so it doesn’t control you
• You’ll also hear stories from real people about how they paid off their debt fast

You don’t need relief from your debt, you need to get mad at it. Because the truth is, when you get mad enough, you can pay off your loans faster than you ever thought possible – and take control of your money, and your life, for good! Don’t let anything stand in the way of your future. This plan has helped millions get out of debt and you’re next. You can do this!

Today, 70 percent of college graduates exit school with student loan debt – these students carry over $1.6 trillion dollars in student loans. The average 2020 graduate will leave school with over $32,000 in debt and an average payment of over $350 a month. BYE Student Loan Debt was created by author Daniel J. Mendelson to tackle this very epidemic. He and his wife once had nearly $150,000 in debt as a result of 14 combined years of secondary education. By following the principles outlined in this book, they eliminated it all within five years and gained financial freedom!

Use the five simple step process outlined with interactive online calculator tools to customize a repayment solution and empower you to eliminate your student loan debt. Say BYE to student loan debt, and hello to financial freedom! For those that are already in student loan debt, this book will show you the fundamentals of how to understand, manage and eventually eradicate your debt. For those yet to take out loans, the book will highlight the principles required to minimize your debt burden and prevent a lifetime of student loan payments.

You’ll learn these five simple steps to say BYE to your student loan debt:

• Assess Your Situation
• Create a Budget
• Set a Goal
• Restructure and Refinance
• Eliminate

(Along with a few other tricks of the trade depending on your situation – i.e. pre-Med, Teachers, Nurses, if you take a gap year, etc.)

Unlike other “quick listen” books, we don’t just sell you a book – we give you an entire system to succeed. We provide entirely free calculator tools to go along with the book to help you visually see how much you can save.

So what are you waiting for! Time is literally money in this situation.

The untold history of how America’s student-loan program turned the pursuit of higher education into a pathway to poverty.

It didn’t always take thirty years to pay off the cost of a bachelor’s degree. Elizabeth Tandy Shermer untangles the history that brought us here and discovers that the story of skyrocketing college debt is not merely one of good intentions gone wrong. In fact, the federal student loan program was never supposed to make college affordable.

The earliest federal proposals for college affordability sought to replace tuition with taxpayer funding of institutions. But Southern whites feared that lower costs would undermine segregation, Catholic colleges objected to state support of secular institutions, professors worried that federal dollars would come with regulations hindering academic freedom, and elite-university presidents recoiled at the idea of mass higher education. Cold War congressional fights eventually made access more important than affordability. Rather than freeing colleges from their dependence on tuition, the government created a loan instrument that made college accessible in the short term but even costlier in the long term by charging an interest penalty only to needy students. In the mid-1960s, as bankers wavered over the prospect of uncollected debt, Congress backstopped the loans, provoking runaway inflation in college tuition and resulting in immense lender profits.

Today 45 million Americans owe more than $1.5 trillion in college debt, with the burdens falling disproportionately on borrowers of color, particularly women. Reformers, meanwhile, have been frustrated by colleges and lenders too rich and powerful to contain. Indentured Students makes clear that these are not unforeseen consequences. The federal student loan system is working as designed.

Why fears about a looming student loan crisis are unfounded―and how they obscure what’s really wrong with a student lending

College tuition and student debt levels have been rising at an alarming pace for at least two decades. These trends, coupled with an economy weakened by a major recession, have raised serious questions about whether we are headed for a major crisis, with borrowers defaulting on their loans in unprecedented numbers and taxpayers being forced to foot the bill. Game of Loans draws on new evidence to explain why such fears are misplaced―and how the popular myth of a looming crisis has obscured the real problems facing student lending in America.

Bringing needed clarity to an issue that concerns all of us, Beth Akers and Matthew Chingos cut through the sensationalism and misleading rhetoric to make the compelling case that college remains a good investment for most students. They show how, in fact, typical borrowers face affordable debt burdens, and argue that the truly serious cases of financial hardship portrayed in the media are less common than the popular narrative would have us believe. But there are more troubling problems with student loans that don’t receive the same attention. They include high rates of avoidable defaults by students who take on loans but don’t finish college―the riskiest segment of borrowers―and a dysfunctional market where competition among colleges drives tuition costs up instead of down.

Persuasive and compelling, Game of Loans moves beyond the emotionally charged and politicized talk surrounding student debt, and offers a set of sensible policy proposals that can solve the real problems in student lending.

An in-depth exploration and expose of the predatory nature of the student loan industry

Alan Collinge never imagined he would become a student loan justice activist. He planned to land a solid job after college, repay his student loan debt, and then simply forget the loans ever existed. Like millions of Americans, however, in spite of working hard, Collinge fell behind on payments and entered a labyrinthine student loan nightmare.

High school graduates can no longer put themselves through college for a few thousand dollars in loan debt. Today, the average undergraduate borrower leaves school with more than $20,000 in student loans, and for graduate students, the average is a whopping $42,000. For the past twenty years, college tuition has increased at more than double the rate of inflation, with the cost largely shifting to student debt.

The Student Loan Scam is an expo of the predatory nature of the $85-billion student loan industry. In this in-depth exploration, Collinge argues that student loans have become the most profitable, uncompetitive, and oppressive type of debt in American history. This has occurred in large part due to federal legislation passed since the mid-1990s that removed standard consumer protections from student loans and allowed for massive penalties and draconian wealth-extraction mechanisms to collect this inflated debt.

Collinge covers the history of student loans, the rise of Sallie Mae, and how universities have profited at the expense of students. The book includes candid and compelling stories from people across the country about how both nonprofit and for-profit student loan companies, aided by poor legislation, have shattered their lives-and livelihoods. With nearly 5 million defaulted loans, this crisis is growing to epic proportions.

The Student Loan Scam takes an unflinching look at this unprecedented and pressing problem while exposing the powerful organizations and individuals who…

NEW 2015 EDITION – CRITICAL UPDATES ABOUT FEDERAL STUDENT LOAN REPAYMENT, FORGIVENESS, AND DEFAULT RESOLUTION PROGRAMS! In 2013, student loan debt in the US passed $1 trillion. That’s more than our total amount of credit card debt and automobile debt. Graduates are starting out with poor employment prospects, obscene levels of debt, and few tools to help. Adam S. Minsky is a leading expert in student loan debt. He is renowned as a pioneer in student loan law as the founder of one of the first law firms in the country devoted entirely to helping student borrowers. With few resources available for student borrowers navigating byzantine repayment systems, he wrote this book as a practical, easy-to-read guide for managing your student debt. Whether your loans are federal or private, in good standing or in default, this guide identifies your options and helps you determine the best way forward.

Reading this book brought on so many emotions and made me take a hard look at how debt is affecting my life. This step-by-step guide to eliminating debt has it all. The author offers first-hand experience in crushing student loan debt in record time. She is inspirational and passionate about helping others achieve success. The book is quick and easy to read. There are several bonus features and the author provides links to websites that prove to be quite useful. She really goes the extra mile. I highly recommend this book. It will motivate and inspire you to set goals and work to achieve financial freedom. After reading it, I felt empowered to change my life and I believe you will too!

Get someone else to pay for your education!

Landlord Away Your Student Loan Debt chronicles the path I took which made every student loan payment for me and put a few bucks in my pocket to boot. My strategy was simple: Pay off student loan debt with real estate. I have never made a student loan payment with my own money. I’m sorry to say I don’t have any gimmicky system to sell you. If you listen to this book, you will be equipped to start your journey toward financial freedom. You will be given advice, Internet search criteria, and suggested readings throughout this book. You will also be able to experience several pitfalls that plagued me while I established me in the landlord business.

I neutralized over $200,000.00 of student loan debt without using any of my own money! I turned to pay my student loans into a game, and I smile every month when the money is drafted out of an account that I didn’t fund (my tenants funded it for me). This book features lots of advice from a seasoned landlord, web searches for useful information, a primer on student loan repayment, and a great story. A lot of effort has gone into making this book accessible. I purposefully left out as much business, landlording, and real-estate jargon as possible. The approach taken assumes that the listener is not a seasoned landlord or an expert regarding student loans.

Relief is in your hands

Student loan debt has become a burden of unprecedented proportions. Millions of Americans are losing sleep, highly stressed out over the investment they thought would better their lives and set them up financially making this debt easy to repay. But so many borrowers feel they have been duped because they have a bill every month the size of buying a fancy car with little to show for it. If you are one of the millions who silently suffer and feel pain at the mere mention of student loans this book is designed for you.

Student Loan Debt Secrets will show you how:

• All the unknown forces created a student loan trap that is currently crippling our economy.
• To navigate an intensely complicated system designed to keep you an indentured servant.
• To get your student loan monthly payment as low as possible and get a ton of money in forgiveness.
• To make a student loan financial plan that is bulletproof to scam artists, servicing companies, and political interests.
• How to beat the student loan game and grow the wealth being siphoned from your pockets.

This book is the key to your freedom!

If you are a young person, and you work hard enough, you can get a college degree and set yourself on the path to a good life, right?

Not necessarily, says Sara Goldrick-Rab, and with Paying the Price, she shows in damning detail exactly why. Drawing on an unprecedented study of 3,000 young adults who entered public colleges and universities in Wisconsin in 2008 with the support of federal aid and Pell Grants, Goldrick-Rab reveals the devastating effect of these shortfalls.

Half the students in the study left college without a degree, while less than 20 percent finished within five years. The cause of their problems, time and again, was a lack of money. Unable to afford tuition, books, and living expenses, they worked too many hours at outside jobs, dropped classes, took time off to save money, and even went without adequate food or housing. In many heartbreaking cases, they simply left school – not with a degree, but with crippling debt.

Goldrick-Rab combines that shocking data with devastating stories of six individual students, whose struggles make clear the horrifying human and financial costs of our convoluted financial aid policies.

Learn how to take control of your student debt and your financial future in this brief read from Matthew W. Burr, a Human Resource consultant who’s done it. This book will help you identify the type of debt you have and create a plan to ensure your financial freedom from student loan debt.

Despite federally mandated entrance and exit counseling about student loans, research shows that the majority of borrowers are confused about their debt and the terms they are borrowing on:

●64% of students worry about having enough money to pay for school

●65% misunderstood aspects of their loans, including the repayment terms, the amount of their monthly payment, or the interest rate

●⅔ of borrowers do not understand the difference between federal and private loans

●60% of students have more student loan debt than they expected to have

●⅔ of borrowers are not sure they will be able to pay off their student loans

The purpose of this book is to give you a baseline understanding of student loans. We will review how to minimize student loans, types of loans, repayment plans, delinquency and default, forgiveness programs, and strategies to pay off debt as quickly as possible.

Higher education plays a critical role in the economy and society of the United States, creating a ladder of economic opportunity for American children, especially for those in poverty. Unfortunately, higher education today increasingly reinforces patterns of relative privilege, particularly as students without the benefit of affluent parents rely more and more on student loans to finance college access. This book presents penetrating new information about the fiscal realities of the current debt-based college loan system and raises tough questions about the extent to which student loans can be a viable way to facilitate equitable access to higher education.

The book opens with relevant parts of the life stories of two students―one who grew up poor and had to take on high amounts of student debt, and another whose family could offer financial help at critical times. These real-life examples provide invaluable insight into the student debt problem and help make the complex data more understandable. A wide range of readers―from scholars of poverty, social policy, and educational equality to policymakers to practitioners in the fields of student financial aid and financial planning―will find the information in this text invaluable.

No matter what you’ve read online, there are no secrets or tricks to handling your student loans, and there are no shortcuts to doing your homework. The “proven plans” usually aren’t very sexy, and everyone’s situation is different.

The details matter and they matter a lot.

This is the comprehensive guide for dealing with student loans, written to concisely cover a complex topic and give you the tools and background you need to handle the big investment you’ve made in yourself.

Topics include:
— Borrowing less and minimizing interest accrual during school
— How Federal Loans Work & Federal Repayment Options
— Income-driven repayment (IBR, PAYE, REPAYE, and ICR)
— Federal “Direct” Consolidation
— Forbearance & Deferment
— Public Service Loan Forgiveness
— Maximizing PSLF
— Long-Term Loan Forgiveness & Loan Repayment Programs
— Private Refinancing
— Taxes & Retirement