Too many people spend money they earned..to buy things they don’t want..to impress people that they don’t like.
In today’s fast paced world of high finance where profits are all that matter it is not surprising that institutions of higher learning have now joined the rank and file wall street consortium. The surge of for profit universities has more than doubled just within the past few years and with it student loan debt […]
In our increasing competitive and global economy the need for a higher education is more prominent now than ever before. Even the most basic of jobs now requires some type of college degree. Unfortunately, for many the cost of a degree is beyond their financial means. A state University nowadays averages almost $13,000 per year, […]
When getting loans you should always understand what you’re getting yourself into before you sign up. So here are 4 important facts you should know about consolidating student loans. Fact 1: Same Interest Rates For Everyone At The Start All federal student loan consolidation rates must start with the same rates that are suggested by […]
Unable to sleep because of thinking too much about how to pay your student loan when you graduate is a very normal case. You might be planning to find a job that pays well enough that will allow you to repay the student loan, sometimes negative thought comes to mind, you might think what if […]
Federal law dictates that student loan debt cannot be forgiven in bankruptcy proceedings with the exception of “undue hardship” cases. However, making an undue hardship claim is difficult to do, and loan holders will usually challenge every case often resulting in zero forgiveness for borrowers. The White House has recently asked the Department of Education […]
Standard Plan: The standard repayment plan offers a fixed-rate plan with monthly payments of at least $50 for up to ten years. Borrowers pay less interest under this plan because the repayment period is shorter. Extended Payment Plan: The difference between this plan and a standard plan is monthly payments are extended over a period […]
For anyone who hopes to maintain at least a middle-class lifestyle a degree from a higher education institution has become a must. As parents and grandparents we want to see children succeed but may worry how the education will be funded and by whom. As the cost of obtaining a degree has become higher, those […]
Are you sick of paying interest on your monthly student loans with no end in sight? Afraid of cash-flow problems that may prevent you from paying your student loans on time? I know I was and there is a solution to this problem. It is called student loan consolidation. What is Student Loan Consolidation? Student […]
A student loan in most cases is unsecured and is typically made by lenders who receive government assistance. If the government wasn’t sponsoring these loans you would probably find that student loans would be extremely difficult to obtain. Most lenders would probably find that this type of loan would not be worth making. Along with […]
According to a recent report issued by Edvisors.com, students that are part of the graduating class of 2015 will be saddled with an average of $35,000 in student loan debt. While $2,000 higher than the average debt last year, these numbers no longer shock a nation used to seeing the total student loan debt in […]
