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Student Loan News – July 5, 2013

By |July 5th, 2013|Weekly Resources|

Here are the best articles from around the web this week talking about student loans… For the week ending Friday July 5, 2013 Student Loan News: 1. Declare Independence From Your Student Loans:  When it comes to declaring independence from debt, a lot of us are under the thumb of the same dictator: student loans. In fact, according to a recent report from the Urban Institute, one in five adults over the age of 20 are carrying student loan debt — and more than half of them are worried about how they're going to pay it off. […]

Student Debt Elimination Scams You Should Be Afraid Of

By |July 4th, 2013|Pay Off Student Loans|

Remedying Bad Credit-Sound Too Good to Be True?-It Probably Is! Unfortunately, there are no quick cures to eliminate bad debt. Think about it for a minute; if there were, no one would ever have credit problems. So, if you come across what sounds like an unbelievable remedy for your credit troubles, BEWARE!!! All too often, these “debt elimination” student debt scams attempt to take advantage of struggling debtors by charging large fees that promise to erase debt and which, of course, never do. In most instances, people who owe large amounts of money, either on their mortgage, on auto loans or their multiple credit cards, are anxious to get relief from their bills and are, thus, vulnerable to these scams. […]

5 Best Jobs in College To Have To Avoid Debt

By |July 2nd, 2013|Forgiveness|

So you go to class, you study, take exams, talk to your friends, eat, study some more, maybe party on the weekends, but you want more. You want to go out, or maybe even have a life. You have a student loan (or two) that you haven’t even thought about starting to pay back. You know to add to that debt is going to be a killer. […]

The Student Loan Scam- Book Review

By |July 1st, 2013|Weekly Resources|

“Education is life” as what J. Dewey says, that is why there are lots of programs created to help and convince people to continue education. Through education, ignorance has been eliminated. Aside from scholarship programs, student loans have been introduced to help those students who can’t afford to pursue their studies, preferably the low and middle class families. At first, student loan had been very helpful and effective. Many students have finished college and were able to land a job. Because of the successful output of this program, US were able to change the world, especially in the field of technology. Through this achievement, many students were criticized to continue to school. That was a way better before since tuition fees are very affordable. However after decades passed by, the insight of student loans has been changed. Instead of helping   the less fortunate people, they are the ones who put them down. So loan companies are making student loan scam. […]

Student Loan News – June 28, 2013

By |June 28th, 2013|Weekly Resources|

Here are the best articles from around the web this week talking about student loans… For the week ending Friday June 28, 2013 Student Loan News: 1. Regulators seek flexibility from private student loan lenders:  Regulators on Tuesday called on private student loan lenders to offer more flexible repayment terms to borrowers at a time when many are struggling to pay off their debt. Testifying before the Senate Banking Committee, federal regulators said private student loans constitute a small portion of overall student debt, but many people are struggling to repay their loans and delinquency rates for such loans are high. […]

Planning Ahead: Graduation, Grace Periods And Loan Repayment

By |June 27th, 2013|Federal Loans|

If you're asking yourself “how long do I have after graduating to start paying back my student loan,” you’ve got the makings of a financially solid adult. Too often graduation comes faster than anyone expects, even though it seems like it can be forever when you’ve got midterms looming in front of you. Or, outside pressures make it necessary to drop below full-time student status or take a leave of absence from school altogether. Either way, the day will come when you have to repay your student loan. […]

Reasons Why I Shouldn’t Move Home After School to Save Money?

By |June 25th, 2013|Default|

Ahh, you’ve finally walked the stage, grabbed your diploma and smiled for photos, college graduation can be a great time. What will you do when it’s finally over? Some people decide to move back home with their parents and are greeted with a rude awakening. After college, it’s time for you to take care of yourself and do what you can within your own power, don’t move home with your parents! Listed below are a few reasons why you shouldn’t do such a thing. […]

Is A Student Loan Consolidation Right For You?

By |June 24th, 2013|Consolidation|

When you graduate from college and have to take a hard look at the debt accrued over your years as a college student, you might feel like it is a frightening prospect. This is especially true if you have struggled to find a job in a failing economy and have reached the end of any forbearance or deferment periods. At this time, you might be wondering how you are going to make your student loan payments, and whether student loan consolidation is right for you. […]

Review – The Money Book for the Young, Fabulous & Broke

By |June 24th, 2013|Weekly Resources|

It seems like most people have a love-hate relationship with Suze Orman. Either they love her or they hate her. Although she is a renowned expert on all things financial, she often gives advice in a manner that is off-putting to many people. I have never really had much an opinion about her one way or the other, and have been known to listen to her show on occasion. I had not, however, read any of her books until being loaned The Money Book for the Young, Fabulous, & Broke. After having read it and taken much of her advice to heart, I have to admit to being fully on the pro-Suze Orman side. […]

Student Loan News – June 21, 2013

By |June 21st, 2013|Weekly Resources|

Here are the best articles from around the web this week talking about student loans… For the week ending Friday June 21, 2013 Student Loan News: 1. Casey Comes out Swinging to Stop Student Loan Rate Increase:  With less than two weeks left before federal Stafford loan interest rates are set to double, U.S. Senator Bob Casey is speaking out against allowing the rates to increase. Part of the 2007 College Cost Reduction and Access Act included provisions to artificially lower the 6.8 percent student loan interest rate to 3.4 percent over four years, which was extended last year. That extension is set to expire on July 1, which would cause interest rates to essentially double overnight. Main site: http://www.politicspa.com/casey-comes-out-swinging-to-stop-student-loan-rate-increase/48920/ […]