Student Loans Archives - Page 3 of 11

How to Avoid Student Loans

Now for most people it’s nearly impossible to entirely avoid student loans. If you want to get a degree from any higher university (unless you’re the valedictorian or the football star) you’re going to need to pay a lot of money and it’s more difficult to get scholarships for that higher amount. So what are you going to do? Well you’re probably going to end up with a subsidized or unsubsidized loan like we’ve talked about before. But that doesn’t mean you need to use loans for the entire amount. There are still ways to avoid them as much as possible. […]

By Sam R|November 4th, 2014|Scholorships|Comments Off

What’s The Difference Between Subsidized and Unsubsidized Loans?

When I first started out in college I had no idea about all the different types of loans. To be perfectly honest I really didn’t know much of anything about loans except that people get them when they buy a house or a car. Even that I only knew because my sister had both. (Yes I know I wasn’t very knowledgeable when I started college). For the first couple years I had no problem paying for my classes because I had money saved up and I had a couple small scholarships. After that I realized I was going to have to get a loan. […]

By Sam R|November 4th, 2014|Federal Loans|Comments Off

What Could You Do With That Loan Money?

If you didn’t have to pay back your student loans there are a lot of things that you could do. In fact, you might be surprised at just how much that money is going to add up to be. For example, did you know that the average student will have to pay back around $183 every month to pay their student loans within 20 years? That’s a lot of money borrowed and it’s actually going to amount to over $18,000 worth of interest being paid. What could you do with that money? […]

By Sam R|November 2nd, 2014|Federal Loans|Comments Off

Student Loan News – February 28, 2014

Here are the best articles from around the web this week talking about student loans… For the week ending Friday February 28, 2014 Student Loan News: 1. Refinancing can lower student loan debt: Millions of Americans could put more money in their pockets each month by refinancing their student loans. It’s always been possible to refinance private student loans, but few financial institutions offered this service. […]

By Tuhin Jubayed|February 28th, 2014|Weekly Resources|0 Comments

Student Loan News – February 14, 2014

Here are the best articles from around the web this week talking about student loans… For the week ending Friday February 14, 2014 Student Loan News: 1. Student Loans Are A Drag On The Economy And Society: The shift from greater public funding of higher education to individuals financing their own education through debt has put more risk on individual students. But it also has potentially negative social and economic effects that spread beyond the college campus. […]

By Tuhin Jubayed|February 14th, 2014|Weekly Resources|0 Comments

Student Loan News – January 31, 2014

Here are the best articles from around the web this week talking about student loans… For the week ending Friday January 31, 2014 Student Loan News: 1. Why Banks Shouldn't Write off the Student Loan Market: As I read “Worrisome Spike in Student Loan Write-Offs” in the January 2, 2014 American Banker, I realized this data rich account told only part of the story. There is another dimension worth telling. […]

By Tuhin Jubayed|January 31st, 2014|Weekly Resources|0 Comments

Student Loan News – January 24, 2014

Here are the best articles from around the web this week talking about student loans… For the week ending Friday January 24, 2014 Student Loan News: 1. Borrowers begin to see refinance options for private student loans: Charter One has joined the few lenders offering refinancing for private student loans. The Consumer Financial Protection Bureau has been leaning on banks to make it easier for students to refinance private student loans, many of which came with low variable rates before a higher rate kicked in. […]

By Tuhin Jubayed|January 24th, 2014|Weekly Resources|0 Comments

Student Loan News – January 10, 2014

Here are the best articles from around the web this week talking about student loans… For the week ending Friday January 10, 2014 Student Loan News: 1. Student loan system needs an overhaul: The student loan system is broken, and we need new ideas for fixing it. Student debt now totals more than $1 trillion, and students are borrowing some $113 billion a year. With this year’s college graduates owing $32,500 on average, these debts threaten to be dead weights on their financial futures. […]

By Tuhin Jubayed|January 10th, 2014|Weekly Resources|0 Comments

Student Loan News – January 03, 2014

Here are the best articles from around the web this week talking about student loans… For the week ending Friday January 03, 2014 Student Loan News: 1. Loan Monitor Is Accused of Ruthless Tactics on Student Debt: Stacy Jorgensen fought her way through pancreatic cancer. But her struggle was just beginning. Before she became ill, Ms. Jorgensen took out $43,000 in student loans. As her payments piled up along with medical bills, she took the unusual step of filing for bankruptcy, requiring legal proof of “undue hardship.” […]

By Tuhin Jubayed|January 3rd, 2014|Weekly Resources|0 Comments

Compare Private Student Loans to Federal Stafford Loans

Developing a plan to pay for college is a daunting task. The differences between the various student loan choices can be confusing. Two regularly considered choices are private student loans and Parent Plus Loans. Before comparing these two loan options Jim Holt and Steve Wynne of Student Choice suggest that all students do the following: […]

By admin|December 31st, 2013|Federal Loans|0 Comments

Best Consolidation Companies