Student Loans Archives - Page 10 of 11

7 Tips To Make The Most of Private Student Loan Consolidation

Just as the national student loan debt has risen, so has the popularity of student loan consolidation. The concept has several advantages and disadvantages. Possible benefits would be eliminating the need to juggle several different private student loans by reducing it to just one with a single lender. This benefit would apply only if you either don’t have federal student loans in addition to private ones, or you’ve been able to locate a consolidating lender who offers the consolidation of private and federal student loans together, a practice which is becoming ever more uncommon. In addition, you may be able to negotiate a lower monthly payment; you’ll only have to deal with the rules and regulations of one lender, versus having the rules and regulations of many lenders; and you might be able to lock in a lower fixed interest rate than you have on your existing loans. Also, if you should find yourself unemployed or sick, it’s easier to get leniency from a single lender than trying to work it out with multiple ones. […]

By admin|February 19th, 2013|Consolidation|0 Comments

Student Loan Debt Affects Parents

With student loan debt at an all-time high, it’s a no-brainier that students themselves are struggling to make ends meet while plodding towards their higher education goals credit by expensive credit. However, behind the scenes, parents are often the ones who shoulder the majority of the responsibilities and it’s important to recognize their role. […]

By admin|February 19th, 2013|Federal Loans|0 Comments

6 Depressing Facts About Student Loans

1) Educational debt is a double-edged sword. With steady and gainful employment becoming relatively scarce and the United States population increasing, more people are having to make tough choices. Many are having to decide between becoming indebted while trying to make a living without a college education, or becoming indebted by taking out one or more student loans in hopes of pursuing a profitable career by earning a college diploma. […]

By admin|February 12th, 2013|Pay Off Student Loans|0 Comments

10 Tips on Student Loans

Planning for college can be a daunting task for most people. With the costs of a college education on the rise, more and more people are turning to student loans to help them cover the costs. These loans come in several forms, but are basically broken down into two groups: federal and public loans, each with its own advantages and disadvantages. But regardless of where the loan comes from, there are a few things to keep in mind when applying for these loans: […]

By admin|February 11th, 2013|Federal Loans|0 Comments

SmarterBucks Review

I’ve just recently found out about a creative new online rewards program called SmarterBucks. It’s designed to help you pay down your student loans when you spend money on many of the things you already do. You may have seen a few other programs like it, this one is actually affiliated with SimpleTuition, a well-known student loan company which has maintained an A+ rating and accreditation with the Better Business Bureau since 2006. Both SmarterBucks and their partner company SmarterBank have been featured in the New York Times, Wall Street Journal, U.S. News and American Banker, as well as several other places. […]

By admin|January 29th, 2013|Applying for Loans|0 Comments

Financing Your Education

Various types of aid are available for students who need help financing their education. The majority of undergraduates cannot afford to complete their education without some form of assistance. Here are the most common helpful ways to secure educational funding: STUDENT LOANS This is financial aid that must be repaid with interest. There are four main categories: Student loans Parent loans Private student loans Consolidation loans […]

By admin|December 27th, 2012|Types of Loans|0 Comments

7 Ways 20 Somethings Can Save Money to Pay Off Student Loans

More than 37 million Americans who have taken out student loans to pay for their higher education now find themselves mired in debt during a slow economy where quality jobs are scarce. Here are 7 ways 20 somethings can save money to pay off student loans. […]

By Tracy|December 21st, 2012|Pay Off Student Loans|0 Comments

Grad School Funding

Graduate and professional students often graduate with far more debt than undergraduate students. However, there are a variety of financial aid options to help fund your advanced degree. The specifics vary according to the type of degree you are seeking. The two main options are student loans (which must be repaid, with interest) and scholarships. With borrowed money, maximum interest rates are regulated for all federally-guaranteed loans. Many lenders choose to lower the interest rates to attract borrowers, and federal education loans tend to offer lower interest rates and more flexible payback plans than regular consumer loans. […]

By admin|November 29th, 2012|Applying for Loans|0 Comments

Are Student Loans a Good Investment – ROI

What is the ROI of student loans? Are student loans really a good investment? “ROI” is an acronym for Return on Investment and is something every borrower should consider when making the decision to obtain a student loan or any other kind of loan. […]

By Tracy|November 21st, 2012|Types of Loans|0 Comments

Who Needs Student Loans?

Who needs student loans? Conventional wisdom says anybody who needs money for school! Simple question, simple answer. But there are slightly different scenarios for needing the money from a student loan program to pay for school. Generally speaking, people who need a student loan are those who want to make an investment in themselves and their future, and have decided that it’s worth going into debt in order to have some financial payback and security farther down the road in his or her life. […]

By admin|November 8th, 2012|Applying for Loans|0 Comments

Best Consolidation Companies