In his earliest days as President of the United States, Barack Obama announced the start of a plan that would make former students exempt from paying back the full amounts of their loans. After this announcement, the legislative act was named the Obama Student Loan Forgiveness Program. The program is aimed at students who are facing financial difficulties [...]
The Public Service Loan Forgiveness act (PSLF) has existed for some time. President Obama has make higher education an important part of his agenda. He believes that education is a key ingredient in America’s future success. He has proposed several initiatives geared toward improving the quality of education in America and making college more affordable. One of his key plays include a massive expansion of the PSLF act. […]
The application process for student loans varies depending on the lender and the loan type. The method may seem very overwhelming to the applicant. Outlined below are the steps that will assist in finding the money needed for you to fulfill your academic needs. First Step – Creating Your Budget When you start applying and you have received a feedback from the schools of your choice, check on their tuition, board and room costs including other fees. Ensure that you understand completely of what exactly you’re required. Also, include to the budget your daily costs of living that are beyond the basics. […]
For persons burdened with student loans in the United States and have been making regular payments Obama has proposed some relief for them as a result of current financial crisis facing many Americans. The Obama Student Loans forgiveness plan clear debtors on all remaining debt providing that they have being making regular prompt payments. This double standard scheme caters for private sector workers who have being making prompt payment for a minimum of twenty years whilst public sector workers like nurses you would have being require to have an already paid your student loan within a shorter time frame than the stated twenty years minimum for private sector workers. […]
Most college students (65% or so) have a student loan to get through their undergraduate work. It’s pretty common, and loans are easy to get. There are, however, certain loans that are better than others. Federal loans have certain rights and responsibilities that most students can live with. All in all, you can be pretty safe with them in terms of refinancing, consolidating, and extending your payment time. But you have to pay them back. It’s not a gift. […]
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. […]
For many Americans, paying for and living under the weight of student loans has become a way of life. The next four years are starting to look a lot more hopeful thanks to President Obama’s “Pay As You Earn” proposal and Representative Hansen Clarke’s proposed Student Loan Forgiveness Act of 2012. Are You Eligible? – Verify Eligibility Here (Help Is Available to Confirm Eligibility – Click Here) […]
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. […]
Depending on the kind of student loan that you have, there are student loan debt relief being offered you can take advantage of to ease your burden in repayment plans. To benefit from this kind of measure you need to know which reliefs you qualify for and will be of great assistance to you. This calls for you to know the various kinds of available loan relief options you can choose from. […]