The Student Loan Resource Page

[PoF: This is a frequently updated page I’ve been working on for some time now, combing the web for all the best student loan information I can squeeze onto one page, and working with refinancers to offer you excellent bonuses. As an added bonus, if you end up refinancing via my referral links, I’ll make a donation of $50 to your charity of choice. Read on for details!

This page has a permanent home in the header menu above under “Student Loans” ]

Reaching financial independence is challenging when you’re staring down six-figure student loan balances. This page will be a resource to help you decide how to best approach the beast that is student loan burden.

I have three goals with this page:

  1. Share some of the best posts I can find on the subject.
  2. Save you money on refinancing if  that’s your best option.
  3. Advance the site’s charitable mission and help you with yours.

Current Refinancing Rates

 

Earnest: Variable rates 2.57% – 5.87%
Fixed rates 3.25% – 6.32%

SoFi: Variable rates start at 2.35%
Fixed rates start at 3.25%

CommonBond: Variable rates 2.57-6.84%
Fixed rates 3.18-7.24%

Laurel Road: Variable rates 2.99%—4.20%
Fixed rates 3.50%—6.99%

LendKey: Variable rates 2.58% – 7.62%
Fixed rates 3.15% – 8.12%

Credible: Variable rates start at 2.57%
Fixed rates start at 3.35%

Splash Financial!: Fixed rates 5.29% – 5.44%
(as of 2/13/18)

 


Earnest: $300 bonus
___________________________________

SoFi: $300 bonus


CommonBond: $500 bonus


Laurel Road: $300 bonus


LendKey: $300 bonus


Credible: $300 bonus


Splash!: Up to $1000 bonus


I have arrangements with the top student loan refinancers. You may find similar offers on other sites, but I doubt you’ll find another blogger who promises to donate half of his profits from these referrals to charity.

With that in mind, I am comfortable sending you away to the farthest reaches of the web to show you some of the best writeups I can find to help you in this decision-making process. I do so with the trust that if you choose to refinance your loans, you’ll do so by returning here and using one of the links on this page.

As a way of saying thank you, if you refinance via one of my links within the next 60 days, I’ll donate $50 to a charity of your choice.*

If you choose to use another site’s links, be sure you really like that person. Referrals can be worth a decent chunk of change. There’s a reason this topic is covered frequently on personal finance blogs. #transparency

 


Post from Physician on FIRE:

[PoF: It’s a guest post, actually. I can serve you better by sharing the posts of others who have greater expertise than I do. My loans were consolidated at a low interest rate, and I paid them off. Most of today’s popular acronymous programs didn’t even exist back then.]

Posts from The White Coat Investor:

 

Posts from Future Proof MD


Earnest: $300 bonus
________________________________________________________________________

SoFi: $300 bonus


CommonBond: $500 bonus


Laurel Road: $300 bonus


LendKey: $300 bonus


Credible: $200 bonus


Splash!: Up to $1000 bonus


Posts from Dr. Wise Money

 

Posts by Live Free MD

 

Posts by Investing Doc

 

Posts by Wealthy Doc

 


Earnest: $300 bonus
___________________________________________________________________________

SoFi: $300 bonus


CommonBond: $500 bonus


Laurel Road: $300 bonus


LendKey: $300 bonus


Credible: $200 bonus


Splash!: Up to $1000 bonus


Posts by Big Law Investor

 

Posts by Student Loan Planner

 

Post by Wealthkeel

 

Posts by Ben White

 

 


Earnest: $300 bonus
_________________________________________________________________________

SoFi: $300 bonus


CommonBond: $500 bonus


Laurel Road: $300 bonus


LendKey: $300 bonus


Credible: $200 bonus


Splash!: Up to $1000 bonus


Resources from AAMC FIRST Program

 

Posts from Student Loan Hero

 

Posts from Student Loan Report

 


Earnest: $300 bonus
______________________________________________________________________

SoFi: $300 bonus


CommonBond: $500 bonus


Laurel Road: $300 bonus


LendKey: $300 bonus


Credible: $200 bonus


Splash!: Up to $1000 bonus


 

Posts from The Simple Dollar

 

Resources from Credible

 

*To qualify for the $50 donation, I need to have proof that you did indeed refinance through one of the links or images found on this site. That is typically supplied by the refinancing entity, but if you’ve additional evidence, please share that info with me via e-mail.

Also, the charity you choose must be a registered 501(c)(3) charity that accepts tax-deductible donations. I’ll be donating anonymously from our donor advised fund and will send you proof of donation in the form of a receipt.

I can’t donate to a GoFundMe or similar fundraiser; it has to be an actual charitable organization in the eyes of the law. Fortunately, there are more than a million to choose from. Please supply me with as much information as possible (from Guidestar search) to fill out the donation form, which looks something like this.

 

If and when you’re ready to pull the trigger and refinance your student loans, I sincerely hope you will return to this page, collect your bonus from these links and let me know where you’d like your donation to go!

 


Earnest: $300 bonus
__________________________________________________________________________

SoFi: $300 bonus


CommonBond: $500 bonus


Laurel Road: $300 bonus


LendKey: $300 bonus


Credible: $300 bonus


Splash!: Up to $1000 bonus


 

8 comments

  • Awesome resource page, thanks! Bookmarking this for sure!

  • TVM – I love one-stop resource pages like this. Will be sharing with residents and new attending clients.

  • This is an incredible resource for student loans! Will definitely be sharing with friends, both online and in real life. Lots of valuable content here to work through and research.

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  • Another mistake I see people making is deferring loans by continuing with higher education.

    Yes, your loans can be deferred while you’re working on a graduate or doctorate degree, but they are still incurring interest, and you’re probably taking out new loans for the higher degree, which just adds to your overall debt.

    So not worth it unless you have a very specific career plan that requires a higher degree. This post is very much helpful and a lot of students didn’t know where they are getting themselves into and then regret it afterwards.

    Hopefully more students would be able to reach this post for them to be reminded. Thank you for sharing this list!

  • Rachel

    Great resource! You may want to consider adding information about the National Health Service Corps and State Loan Repayment Programs for primary care physicians. There are eligibility requirements and not all physicians are eligible, but it’s tax free money to pay down student loan debt if admitted into the programs.

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