Free College For Everyone?
For many years in the times of our grandparents and great-grandparents, school wasn’t a necessity. Children barely finished middle school and few went on to high school unless their families were wealthy. By the time our parents came along it was more common to graduate high school but still not everyone did it. There were plenty of factory jobs around the country and recent graduates or even near graduates could easily get a job working those factory lines. Those jobs paid well and they required very little education which was definitely a benefit for our parents’ generation. […]
Federal Student Loan Forgiveness in 2015
There is a new proposal going into effect this year that was issued by the president. This new executive order is expected to be made effective by the end of the year actually so most individuals will be affected by it during the 2016 year which is the second half of the current school year. You’ll want to know what the new rules are going to be for loans as well as for getting them waived in the end. No one wants to pay for a loan they don’t have to pay after all. […]
Obama Student Loan Forgiveness Changes for 2015
For those who are currently pursuing a degree and those who are going to be attending college or university for the first time this year, understanding the payback information regarding their student loans is important. These rules have just recently been changed yet again and it’s crucial that you understand what President Obama has in mind for loan forgiveness in the current year. It’s not going to be exactly the same as it has been in years past. It also will affect those who are simply paying their student loan and don’t qualify for forgiveness. If you still need to apply for a loan you can do so here. […]
Best Private Student Loan Consolidation Companies in 2015
If you have a lot of student loans don’t be concerned. You’re just like a lot of people who decided to take that plunge and go off to college. Very few people have the ability to take off for college and not have to take out any loans (those lucky people are the envy of the rest of us). But who cares if you’re just like everyone else right? Now you’re stuck with college loans you aren’t sure what to do with. First of all they’re expensive and second of all there’s probably just too many of them to keep track of. Well you’re actually in luck because one of your options is student loan consolidation and refinancing. […]
What if You Can’t Afford College?
You may think, college is just way to expensive. There’s no way that I can afford the classes and tuition and all those extra expenses. Maybe you’ve already thought about it and now you aren’t sure what you should do because when you signed up they sent you that big old bill and you decided, not for me. Well I know that when I first looked at the cost of my classes I second-guessed things too. I thought, wow all that just to sit in one classroom? I wasn’t sure I could afford it or if I even wanted to. […]
What’s Your Return on Investment?
Why did you choose the field of study that you are in? Did you choose it because you really like the field or because you were expecting to make a lot of money? Well you should know that a lot of different careers are actually going to take you several years to make any money [...]
Why Make Loan Payments During Deferment?
When you take out a student loan you actually get a short period of deferment. That means that there’s a period of time when you don’t need to make payments on the loan. This is the entire time that you’re still in school and also usually about six months after you stop attending at least part time. You aren’t required to do much of anything during this time because the federal government understands that you don’t have the money you need to pay for school or your loan. Of course after this time you are required to pay (though there are some circumstances where loans may be forgiven which you can check out right here). […]
How to Avoid Student Loans
Now for most people it’s nearly impossible to entirely avoid student loans. If you want to get a degree from any higher university (unless you’re the valedictorian or the football star) you’re going to need to pay a lot of money and it’s more difficult to get scholarships for that higher amount. So what are you going to do? Well you’re probably going to end up with a subsidized or unsubsidized loan like we’ve talked about before. But that doesn’t mean you need to use loans for the entire amount. There are still ways to avoid them as much as possible. […]