Consolidating Student Loans

Consolidating student loans has never been a better idea thanks to the historically low interest rates that are available right now. Whether you have Federal student loans or Private student loans, there's student loan consolidation plans available to fit your needs and save you money. The large number of student loan choices out there can get pretty overwhelming and confusing considering what you have to choose from: Federal Subsidized Stafford Loans Federal Unsubsidized Stafford Loans Federal Plus (Parent ...Read More »

President Obama had a lot to say during his recent state of union address, and whether you thought his ideas were good or bad, his student loan reform plans are very good news for college students with seemingly endless amounts of student debt. Whether you fall in the category of having multiple student loans to payback, or you’re repaying a student loan consolidation, it seems that you may soon have legislation in place that may ...Read More »

As most other types of lending have virtually dried up in the past two years, student loans are on the rise at a record pace. This almost ensures that student loan consolidations will be up in the coming years as these student loans become eligible for repayment. Mortgages, auto loans, credit cards and other lines of credit are tougher to get than ever. Banks are still a bit cautious in terms of lending to consumers in ...Read More »

If you are a college student or will be one in 2010, now is the time to begin thinking about completing your FAFSA, or your Free Application for Federal Student Aid. This form must be completed by any student who plans on using federal student loans or receiving federal grants from the U.S. government. Even if you do not plan to use federal student loans to cover some, or all, of your college expenses this ...Read More »

Have you ever thought about going back to school to get your law degree? Well now is the perfect time thanks to two colleges that have introduced brand new loan forgiveness programs to law students. Essentially what this means is that your student loans will be forgiven simply by obtaining your law degree and finding a job in the public service sector. Public interest lawyers may earn less than those working for private law firms, ...Read More »

At present, debt is a common problem for almost everyone. People are looking for ways to get an answer to the most frequently asked question “how to pay off bills?”. A recent survey conducted by the National Center for Education Statistics demonstrates that 50% of existing college graduates carry student loans and the average amount of student loan debt is $10,000. The average cost of college education rises at two times the inflation rate, which ...Read More »

Private student loans have become increasingly popular in recent years due to the rising costs of attending college. Private loans may offer a great way to supplement federal student loans, but when it comes to consolidation, they have a whole different set of rules and regulations. Before consolidating private student loans, make sure you know the differences between federal and private consolidation. Consolidating federal student loans is a relatively easy process that requires no credit checks, ...Read More »

The GI Bill that was proposed after 9/11 was finally signed last year and put into law this past August. The Bill basically allows for veterans to get free money for college, and it’s a well-deserved benefit that they’ve earned for serving our country. The problem, however, is that there is a huge backlog of veterans waiting to receive their GI bill payments to pay for school. Of the estimated 275,000 veterans who have applied for ...Read More »