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Student Loan News – July 26, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday July 26, 2013 Student Loan News: 1. Senate passes student loan deal:  The Senate passed legislation Wednesday that would make it less expensive for college students to borrow money to pay for classes, housing and books. But interest rates could soon start climbing. The proposal, that passed by 81 votes to 18, would link interest rates on federal student loans to the financial markets. That means student loans for the next few years would have lower interest rates. Higher rates would come in later years if the economy improves as expected. […]

By |July 26th, 2013|Weekly Resources|0 Comments

Types Private Student Loans

A great majority of student loans come from private sources. If you hear about a student having to pay off student loan payments after he or she graduates, the loan is likely from a private source. The federal government has reliable loan programs in place for students in need, but these loans often fall short of all college expenses. As a result, students look to private student loans to fill the gap. […]

By |July 25th, 2013|Pay Off Student Loans|0 Comments

How to Get a Mortgage While You Still Have Student Loans

It is an open secret that these are tough economic times. Paying for your studies gets expensive day by day and the student loans are not enough to fulfill them. If you try to take a loan, you will hardly get one in a range of between $2000 and $35,000. There are much other expenditure like books, cafe, and other miscellaneous which have to be fulfilled by a student. So, with 1 or 2 student loans, you are not able to complete your studies. You cannot take a lot of student loans, as paying them off is a tough job. Once you are done with your studies, you get married, and have children; your expenditures will only be on the rise and paying off loans become tougher. Students are forced to take a mortgage of their property, so that they can easily complete their education. There are 4 best options for you from where you can easily get a mortgage while you still have your student loan. […]

By |July 22nd, 2013|Student Loans|0 Comments

Student Loan News – July 19, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday July 19, 2013 Student Loan News: 1. Senators Reach Deal on Student Loans:  Senators are ready to offer students a better deal on their college loans this fall, but future classes could see higher interest rates. The Senate could vote as early as Thursday on a bipartisan compromise that heads off a costly increase for returning students. The compromise could be a good deal for students through the 2015 academic year, but then interest rates are expected to climb above where they were when students left campus this spring. […]

By |July 19th, 2013|Weekly Resources|0 Comments

Student Loan News – July 12, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday July 12, 2013 Student Loan News:  1. Work resumes after student loan bill fails:  The defeat of a student loan bill in the Senate on Wednesday clears the way for fresh negotiations to restore lower rates, but lawmakers are racing the clock before millions of students return to campus next month to find borrowing terms twice as high as when school let out. […]

By |July 12th, 2013|Weekly Resources|0 Comments

Where Is The Money From The Student Loan Sent?

The money from a student loan is – generally speaking – only sent to one of three places: your school, your own mailbox, or that of your parents. Federal loans are sent to your school directly, which then disburses it as needed. For loans like Perkins or Stafford, the United States Department of Education works with the school directly to determine tuition and sometimes boarding and supplies costs. […]

By |July 11th, 2013|Pay Off Student Loans|0 Comments

Should you pay off credit cards or student loans first?

People around the world beg the question, should I pay off my credit cards or my student loans first? This is not only a great question, but a well debated one. Some would argue for the credit card for certain reasons and vice versa. Instead of taking a specific response one way or another, we’ve decided to provide a plan to help you decide which one is best. Please read along and you too can create a plan that fits your situation. […]

By |July 9th, 2013|Pay Off Student Loans|0 Comments

Joe Mihalic’s Destroy Student Debt- Book Review

The author (Joe Mihalic) is really determined to combat and destroy student debt from the student loan program that was imposed by the government decades ago. It was clear that most people were victims of student loan and until now, the problem of paying the loan still exists especially when there are quotas. […]

By |July 8th, 2013|Weekly Resources|0 Comments

Student Loan News – July 5, 2013

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. […]

By |July 5th, 2013|Weekly Resources|0 Comments

Student Debt Elimination Scams You Should Be Afraid Of

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. […]

By |July 4th, 2013|Pay Off Student Loans|0 Comments