Recognizing stressors and using university resources may help.Many or all of the products featured here are from our partners who compensate us. email. share. Pre-qualified offers are not binding. Pre-qualified offers are not binding. And mental health resources may not address stress related to circumstances that work affects, like your finances or living arrangements.The CGS said via email that a shift to remote learning is “very unlikely to affect either stipends or housing.” But some may still struggle to make ends meet, even if they max out Trevino says many graduate students work multiple jobs. Our opinions are our own.Graduate students should max out federal unsubsidized loans before turning to federal PLUS or private loans to cover their remaining costs.What Is the Average Student Loan Debt for Graduate School?The average student loan debt for all graduate degree programs is $71,000, not including undergraduate loans.Use a tactic that saves money (forgiveness), lowers payments (income-driven repayment) or does both (refinancing).Really get to know your money and find cash you can put aside and grow.California: California Finance Lender loans arranged pursuant to Department of Business Oversight Finance Lenders License #60DBO-74812The coronavirus is leading to plenty of uncertainty and anxiety among college students. For some careers, like becoming a…Student loan refinancing rates continue to drop. For example, the University of Michigan’s Rackham Graduate Student Emergency Fund has changed its rules to provide funds for temporary housing or students who have been unable to work due to COVID-19.No matter the reason, reach out to your graduate program director if you’re struggling. Ryan Lane is a writer at NerdWallet. When evaluating offers, please review the financial institution’s Terms and Conditions. All financial products, shopping products and services are presented without warranty. By: By RYAN LANE of NerdWallet Updated: July 19, 2020 - 11:32 PM A new high school graduate may take out about $37,200 in student loans for college, according to a recent NerdWallet study . The CGS says it's “confident that graduate schools will continue to be flexible and as accommodating as possible” to meet the needs of their students.Ryan Lane is a NerdWallet authority on student loans. Print. When evaluating offers, please review the financial institution’s Terms and Conditions. But for graduate students, those feelings are nothing new.A 2018 study in the journal Nature Biotechnology found that “graduate students are more than six times as likely to experience depression and anxiety as compared to the general population.”That’s due to factors like poor work-life balance and looming graduation deadlines, says Bradley Sommer, president and CEO of the nonprofit National Association of Graduate-Professional Students.“To be a grad student in this country is to be constantly in a state of stress,” says Sommer, who's also a fifth-year doctoral candidate at Carnegie Mellon University in Pittsburgh.Graduate students are facing many pressing issues as they evaluate their — like if their funding will be cut off or if they’ll have access to research labs. “Indulge in it.”She says research productivity should take a back seat to being in the appropriate headspace.Still, in-person research may be what pays the bills. tweet. When difficult moments arise, look for a strategy that helps you cope. But they can’t overlook the pandemic’s potential toll on their mental well-being.Grad students still may not know if they can continue their studies. Multiple lenders, including Sallie Mae, SoFi…California: California Finance Lender loans arranged pursuant to Department of Business Oversight Finance Lenders License #60DBO-74812LeverEdge Reviews: Private Student Loans and Student Loan RefinancingGraduate Students: Mind Your Mental Health This Fall‘Shadow’ Lenders Can Leave College Students in the DarkStudent Loan Refi Rates Keep Dropping, Should You Take the Plunge?When Colleges Say Stay Home: Options for Undergrad, Grad, Veteran and International StudentsEven Near 1%, Are Variable Rate Student Loans Worth the Risk?NerdWallet strives to keep its information accurate and up to date. This may influence which products we write about and where and how the product appears on a page. A new high school graduate may take out about $37,200 in student loans for college, according to a recent NerdWallet study. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly.