Introduction: In the quest for the answer, which student loans to pay off first, there are several variables that you must consider. Before you even get into deliberation, please ensure you know the total balance of ALL your student loans and credit cards. This way, you can create a plan that will work for your budget. […]
College graduation is a fulfilment in every student’s life. But do you really feel the fulfilment when you know that you have a loan waiting for your payment? Of course everyone will be worried when they know that they owe the bank some money. Along the way, you will be finding ways on how to pay this debt. You will probably end up asking yourself if there’s a way to bankrupt your student loan. Most people tell you that it is impossible to bankrupt student loans. But this book tells you that it is possible to bankrupt student loans. […]
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. […]
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. […]
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. […]
“Education is life” as what J. Dewey says, that is why there are lots of programs created to help and convince people to continue education. Through education, ignorance has been eliminated. Aside from scholarship programs, student loans have been introduced to help those students who can’t afford to pursue their studies, preferably the low and middle class families. At first, student loan had been very helpful and effective. Many students have finished college and were able to land a job. Because of the successful output of this program, US were able to change the world, especially in the field of technology. Through this achievement, many students were criticized to continue to school. That was a way better before since tuition fees are very affordable. However after decades passed by, the insight of student loans has been changed. Instead of helping the less fortunate people, they are the ones who put them down. So loan companies are making student loan scam. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday June 28, 2013 Student Loan News: 1. Regulators seek flexibility from private student loan lenders: Regulators on Tuesday called on private student loan lenders to offer more flexible repayment terms to borrowers at a time when many are struggling to pay off their debt. Testifying before the Senate Banking Committee, federal regulators said private student loans constitute a small portion of overall student debt, but many people are struggling to repay their loans and delinquency rates for such loans are high. […]
When you graduate from college and have to take a hard look at the debt accrued over your years as a college student, you might feel like it is a frightening prospect. This is especially true if you have struggled to find a job in a failing economy and have reached the end of any forbearance or deferment periods. At this time, you might be wondering how you are going to make your student loan payments, and whether student loan consolidation is right for you. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday June 21, 2013 Student Loan News: 1. Casey Comes out Swinging to Stop Student Loan Rate Increase: With less than two weeks left before federal Stafford loan interest rates are set to double, U.S. Senator Bob Casey is speaking out against allowing the rates to increase. Part of the 2007 College Cost Reduction and Access Act included provisions to artificially lower the 6.8 percent student loan interest rate to 3.4 percent over four years, which was extended last year. That extension is set to expire on July 1, which would cause interest rates to essentially double overnight. Main site: http://www.politicspa.com/casey-comes-out-swinging-to-stop-student-loan-rate-increase/48920/ […]
College graduation, the best day of your life! On this day you’ll embark on so many new feats which includes a new career and new friends in new places to name a few. There is one other major obligation you’re on the hook for rather you realize it or not and that’s your student loans. Believe me, paying back student loans isn’t any fun, which explains why so many Americans place this responsibility on the back burner. Below are a few reasons why student loans don’t get paid. Take a very close look at these examples and make sure you don’t fall within any of them. […]