For those students who are about to graduate from college, the idea of beginning to repay substantial student loan debt can be overwhelming. There may be questions about when the best time to refinance a student loan is, or if it is a good idea to refinance the loans at all. We have created a brief guide that will help answer some of the pressing questions for college graduates. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday June 14, 2013 Student Loan News: 1. Surviving Student Loan Default: Rising student loan delinquencies have become worrisome, with banks writing off $3 billion in student loan debt during the first two months of this year alone. By February, about 850,000 students had defaulted on their loans in 2013, according to a March article on the Debt.org website. […]
How much are you willing to sacrifice to pay off your student loans? Some don’t even care if they get paid or not and some have such an extreme desire to shed debt that they go all out. How extreme are we talking, read below for some shocking extremes people have gone to pay off student loans. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 31, 2013 Student Loan News: 1. What Sallie Mae's Split Says About Student Loans: Student loan giant Sallie Mae announced a major change to its model today. It will split its growing, private student loan business from its shrinking government-backed loan servicing business. The company will turn itself into two, separate publicly traded entities: An education loan management business and a consumer banking business “to unlock value and enhance long-term growth potential.” Details here: http://www.forbes.com/sites/halahtouryalai/2013/05/29/what-sallie-maes-split-says-about-student-loans/ […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 24, 2013 Student Loan News: 1. Overdue Student Loans Reach Record as U.S. Graduates Seek Jobs: Overdue student loans reached an all-time high as students struggle to find work after college, according to a government report renewing alarms about the rising burden of higher-education debt. Eleven percent of student loans were seriously delinquent — at least 90 days past due — in the third quarter of 2012, compared with 6 percent in the first quarter of 2003, according to the report by the U.S. Education Department. Almost 30 percent of 20- to 24-year-olds aren't employed or in school, the study found. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 17, 2013 Student Loan News: 1. The truth about student loans: As I finish up my second year of life in the “real world,” more and more is being said about the dangers of student loans and how they are our nation’s next big financial crisis. This is both alarming and refreshing. Whenever I talked about student loan debt before, I felt guilty. Getting accepted to and going to college is still such a privilege to a good portion of the population, so why would I ever complain about how much it costs? It was my choice to attend a private liberal arts college, so I should accept the consequences and be quiet about it. That said, I do not want to complain, rather relay a sense of reality that was not clearly presented to me while I was at Knox, attending classes, studying in the library, going to the Gizmo, soaking up sun on Post Lawn and waiting eternally for Flunk Day. More Details: http://www.theknoxstudent.com/news/2013/05/15/the-truth-about-student-loans/ […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 10, 2013 Student Loan News: 1. Used Wisely, Student Loans Can Improve Your Life: Student loans changed my life, but in a different way than most. I started school at a community college in the Bay Area after going through a divorce and finding myself with custody of my two sons, 3 and 4. I was a full-time dad, and worked full-time while taking up to 20 units per semester at my local community college. I received subsidized daycare and dropped my boys there on the way to class, and picked them up on the way home. My mom would watch my boys when I went to work in the evenings as a waiter at a local steak house. I ran a window-cleaning service on weekends when I wasn't working at the restaurant, and I managed to avoid student loans for the first four years of college. View full story: http://news.yahoo.com/used-wisely-student-loans-improve-life-212500339.html […]
Starting a small business has always been a major goal for many Americans. However, many people allow petty obstacles to obstruct their vision and eventually abort the long awaited dream of business ownership. Student loans are one of those obstacles that I see people deal with regularly. When asking yourself, “should I start a small business while still having student loans”, you need to answer a litany of questions and be totally sure about your plans. I’ve detailed a few questions to ask before you start the 2013 version of Apple. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 3, 2013 Student Loan News: 1. How to Get Out of Student Loan Debt: More and more student loans are becoming the most problematic debt anyone can own. At some point in the past couple of decades, student loans went from a leg up to financial slavery. There is a lot of information out there about how to deal with troublesome student loan debt and payments. But I thought I'd put together the ultimate no-holds-barred guide on how to deal with student loan debt that becomes unaffordable. […]
The often debated subject, should I pay off my student loans or my mortgage has resulted in many hours or research and study. First off, there’s no such thing as the right answer to this question. It’s mainly based on a series of criteria which we’ll discuss today. Review the below bullet points and you’ll be able to determine which direction you need to travel in first. […]