Best Consolidation Companies

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Average Student Loan Debt 2012

According to a report released by the Institute for College Access and Success on Thursday, October 18th, 2012, Average Student Loan Debt 2012 (students graduating in 2011) topped $26,000. This number is about $1,000 more than the average student loan debt calculated for 2010, and represents an increase of 5 percent. This increase percentage has been the norm in recent years due to the U.S. Economy fallout since around 2008. […]

By |November 1st, 2012|Applying for Loans|0 Comments

Myths about paying down your student loan fast

Right now there are several myths about paying down your student loan fast. Recently an article was published about a young graduate from Harvard Business School, Joe Mihalic, who payed off his $90,000 in student loan debt in the relatively short time of 7 months. Of course, many people were immediately interested to hear how he did it: After all, we've got more than 37 million people in the United States who are currently buried under an average undergraduate student loan debt of $25,000, and for those who are struggling with graduate school debt that number jumps up to more than $40,000. Not exactly the ideal situation when one is just beginning a new life, when one is just starting to earn money. […]

By |November 1st, 2012|Pay Off Student Loans|0 Comments

The 2 Easiest To Receive Student Loan Forgiveness Programs

Many students and recent college graduates are having trouble paying back their student loans. If you are having trouble making even minimum payments, you may want to look into some of the programs out there that help students pay their debt. These are the 2 easiest to received student loan forgiveness programs. […]

By |October 27th, 2012|Forgiveness|0 Comments

Whats the difference between a Federal Direct and Perkins Loan?

Federal student loans are available for college students through the U.S. Department of Education. There are two types of federal student loan programs. The William D. Ford Federal Direct Loan Program  is the largest federal student loan program. The U.S. Department of Education is the lender. There are four types of Direct Loans. Direct Subsidized Loans are offered to undergraduate students who can demonstrate financial need. Students may borrow between $3,500 and $5,500 depending on their year in school. […]

By |October 25th, 2012|Applying for Loans|0 Comments

How To Compare Private Student Loans

With the high cost of education, some parents and students find it necessary to apply for loans to fund a college education. Federal student loans and private student loans are two options available. Private student loans can help cover expenses not covered by other financial aid. Some students use private loans to pay for summer courses when their school does not apply Federal aid to summer programs. Additionally, students use private loans to pay for extra living expenses while in college. […]

By |October 23rd, 2012|Applying for Loans|0 Comments

Will Obama or Romney Be A Better President For Students With Crushing Debt?

Compare the best loan consolidation rates – Here [socialpoll id=”2365″] Election season is in full tilt and unless you have been hiding from television and social media you know that the lines have been firmly drawn over many issues. Among the top issues like healthcare and the economy we find the student loan debate. Both candidates have very different views and in this article we will take a look at some of the finer points to see just where each candidate stands on THE Student loan debate. […]

By |October 21st, 2012|Federal Loans|2 Comments

9 Musts To Qualify For Federal Student Aid Without a Cosigner

The best way to get a student loan without a cosigner is to apply for federal student aid. You do not need a cosigner or a credit history to apply for a federal student loan, but must meet a few other requirements. You must […]

By |October 18th, 2012|Federal Loans|0 Comments

Sallie Mae Student Loans

There are many different lenders on the internet that offer loans for students. One of the most trusted online lender in Sallie Mae. Sallie Mae offers different kinds of loans and other banking services based on the individual needs, but is most widely recognized as a student loan lender. Kinds of Sallie Mae student loans Undergraduate Loans: Smart option loan- This loan is a certified loan that allows a borrower to borrow up to the cost of their education. They offer choices of variable vs fixed interest rates. If the borrower has a poor credit score, enlisting the help of a co-signer will qualify you for a lower interest rate. […]

By |October 15th, 2012|Types of Loans|0 Comments

Certified Private Loans

Today, as more and more students are going to school, whether it be for the first time or they are going back, it is becoming increasingly difficult to pay for the cost of secondary education. There are many different options, such as scholarships, grants, federal student loans, and private student loans. This article will discuss what a certified private student loan is and whether or not it is a good resource to use to fund your education. […]

By |October 14th, 2012|Types of Loans|0 Comments

Credit Unions

When paying for college, there are many different options available to people who are struggling. There are scholarships, student loans, grant, work-study employment, and loans and lines of credit from credit unions. Credit unions are not always the first thing that pops to a borrower mind, but they are good sources of financial aid never the less. Private student loans from Credit unions are becoming increasingly more popular since students are receiving less financial aid and the cost of attending college has skyrocketed. […]

By |October 13th, 2012|Types of Loans|0 Comments