Here are the best articles from around the web this week talking about student loans… For the week ending Friday November 08, 2013 Student Loan News: 1. Focus on Better Student Loans: Too much attention is paid to scholarships for people who are already on a path to college, and not enough is given to improving student loans and preparing younger students for college. […]
You can get Loan Repayment Assistance Programs (LRAP’s) from a variety of sources, often from schools, employers, states and the federal government. How do they work? LRAPs differ from repayment plans, like Income-Based Repayment, and loan forgiveness programs, like PSLF. Rather than lowering your payment amount or providing forgiveness of your educational loans in the future, LRAPs provide funds now to make those monthly payments on your loans. […]
When it comes time to repay student loans, many people feel overwhelmed or concerned about making monthly payments. Fortunately, most lenders offer at least two or three different repayment plans to fit different needs, whether you want to pay off your loan as quickly as possible or need to make smaller payments. The following list outlines the general policies of various repayment plans. Policies vary between institutions, so be sure to ask your lender about their specific plans. […]