Blog - Page 26 of 54 - Student Loans

Government Grants for Students

By admin|2013-05-26T16:31:16-05:00December 9th, 2013|Grants|

For many students today, borrowing and acquiring debt are assumed parts of going to college. Instead of automatically applying for loans, students should investigate all other options of funding their education. Grants are an excellent way of paying for college because they are considered need-based gifts and usually do not require repayment, unlike student loans. In addition to private sources, like clubs and specific schools, the US government also issues grants. […]

Student Loan News – December 06, 2013

By Tuhin Jubayed|2013-12-05T08:34:46-05:00December 6th, 2013|Weekly Resources|

Here are the best articles from around the web this week talking about student loans… For the week ending Friday December 06, 2013 Student Loan News: 1. Durbin pushing bill to ease struggle of repaying private student loans: U. S. Sen. Dick Durbin, D-Ill., said Tuesday he is introducing a bill when the Senate convenes next week to protect students from getting overwhelmed by private-loan payments that grow out of control without explanation. […]

How To Get Student Loan Bankruptcy

By admin|2013-05-10T08:51:52-05:00December 5th, 2013|Bankruptcy|

We read that student loans are not forgivable in bankruptcy court all the time. That is the truth for 99% of student loan holders who are filing bankruptcy. Bankruptcy courts are not forgiving of student loans. But there have been cases where the borrowers have shown “undue hardship” in repayment of the loans in severe circumstances. One case was of a man who suffered a brain injury and could not work. He filed bankruptcy and the court found that he was not ever going to be able to pay back the loan, much less be able to support himself. Another case cited was of a homeless woman, well educated, but in a situation where she would not be able to pay back the loan. So, unless you are physically unable to work and can not see a foreseeable future to be able to pay back the loan, it is unwise to file for bankruptcy. […]

5 Reasons to Refinance Your Student Loans

By admin|2016-06-15T12:43:10-05:00December 3rd, 2013|Student Loans|

College graduates have a lot on items on their “to do” list; resumes, job interviews and perhaps finding a new place to live. You may also want to consider refinancing your student loans. Reason 1: Simplify Your Repayments Allison Kade of The Street says that “One of the biggest reasons is to simplify your repayments: When you consolidate, you go from having a bunch of separate loans to one monthly bill.” It’s not unusual for grads to have 8 or more student loans, which is a lot of separate bills to remember. Consolidation and refinancing greatly simplifies repayments. […]

How Can I Pay for College?

By admin|2013-05-26T16:28:27-05:00December 2nd, 2013|Pay Off Student Loans|

The cost of higher education is an enormous factor to consider for anyone thinking about attending college. With ever-rising tuition costs and a troubled economy, going to school can seem like a risky investment. Even if you’ve been unable to save for college, there are options that might reduce or eliminate debt after school. […]

6 Best Private Student Loan Companies For 2013-2014 School Year

By admin|2013-10-05T05:05:27-05:00November 30th, 2013|Student Loans|

1. CU Student Loans Consolidation The EdSucceed Private Student Loan Consolidation that is being given by cu consists of many of the benefits offered by the other companies. These benefits are such as a repayment program of 15 years, an interest only option of 4 years and 12 consecutive on time co-signer release. Some of the requirements are such as a salary of $2,000 monthly and income for the co-signer that can be verified. […]

Student Loan News – November 29, 2013

By Tuhin Jubayed|2013-11-28T11:57:17-05:00November 29th, 2013|Weekly Resources|

Here are the best articles from around the web this week talking about student loans… For the week ending Friday November 29, 2013 Student Loan News: 1. No wonder people aren't paying back their student loans: About this time last year I did a good, honest and potentially rather stupid thing: I phoned up the Student Loans Company, and told them where I was. In light of the revelation that 368,000 former students owing a total of £5bn are “at large”, their whereabouts unknown, I'm starting to think this was something of a mistake. […]

Best Way To Avoid Student Loan Default

By admin|2013-05-07T12:38:02-05:00November 28th, 2013|Default|

Do we really have to say it? The best way to avoid student loan default is to pay the loan off. But how to plan for it? So how can you avoid a student loan default from the onset? Understand Your Needs and Your Loan Figure out exactly how much you are going to need. Include whatever you can’t cover yourself by whatever income you have coming in; then borrow no more than that amount. Do not accept a higher amount offered; it tends to get you in trouble. Then look at your loan documents carefully and make the best choice for you. This is a legal document that you have to live up to for some time. Understand the refinance options, the monthly payment, the rate, and when the repayment plan starts. […]

7 Questions to Ask Before Refinancing Your Student Loans

By admin|2013-10-05T06:02:20-05:00November 26th, 2013|Student Loans|

Student loan debt is usually a major portion of the graduate’s financial obligations and refinancing can be a smart money saving option. Unfortunately, many financial institutions are no longer offering student loan refinancing, meaning the student will have to do some research to find a lender. The first step in the research should be answering some basic questions about refinancing. […]

Does Welfare Pay for College?

By admin|2013-05-26T16:27:09-05:00November 25th, 2013|Pay Off Student Loans|

One of the most common pieces of advice offered to college students today is to seek out as much financial aid as possible. Unfortunately, in many cases, student aid packages are still not enough to cover the full cost of tuition, and many are forced to borrow money. When this happens, some students begin to wonder if welfare or other public assistance programs will help pay for college. […]

Best Consolidation Companies