Consolidating Student Loans

As we approach that time of year again where many recent graduates (or college drop outs) prepare to begin repayment of their many student loans they've racked up during their college careers. And with the economy still in a bit of a slump, many grads are finding it tough to find jobs that will cover the cost of their monthly student loan payments. So it's not too surprising to find out that the rate ...Read More »

The new student loan reform bill easily made its way through the House and is now on its way to the Senate where it may find some opposition. The new bill would completely change the way students obtain financial aid by eliminating private banks and lenders from the equation. Read More »

Many students and college graduates know relatively little about how student loan consolidation works and the rules and regulations that apply to consolidation loans. The question often gets asked if you can reconsolidate an existing student loan consolidation in order to lock in a lower student loan consolidation rate. The answer to this question in most cases is no, but there are some instances where you can consolidate a consolidation loan. Read More »

Student loan debt can pile up quickly and before you know, you're way over your head in student loan debt that you can't afford to repay. It's especially hard in a tough economy to make on-time payments, but there are federal loan forgiveness programs out there that allow you to "pay back" your student loans without using money. The federal government will cancel all or part of your student loan debt through various programs designed for ...Read More »

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 »

As part of the recently passed stimulus bill, President Obama announced that in order to help struggling families and students who can't afford to go to college due to rising costs and a bad economy, both the Pell Grant and Perkins Loan limits would be increased to help compensate for these tough times. This is great news for struggling families trying to send kids to college, or for college students trying to pay their own ...Read More »

Student loans consolidation is perhaps the best way to manage your academic debt, especially after graduation. However, there are many companies, lenders, and websites out there taking advantage of this fact, and using it to make money hand over fist by taking advantage of unknowing students and graduates. There are four main things you can watch for when checking into student loans consolidation to protect yourself and your wallet. 1. If you choose to go ...Read More »