Before we look into some of the better loans for school, let’s do a quick scan of a few of your poorest options for paying for your college education. Some Poor ChoicesFirst off, since they are so widely used: credit cards. Admittedly, they are convenient to use and can bail you out of some tight situations. The fact is, you need them just to function in today’s economy. Have you ever tried buying .. more …
The measure’s 215-195 passage was largely symbolic because the package is going nowhere in the Democratic-dominated Senate. Both parties agree students’ interest costs should not rise, but they are clashing along a familiar fault line over how to cover the $6 billion tab: Republicans want spending cuts and Democrats want higher revenues.Friday’s vote underscored how with Election Day just over six .. more …
CHAPEL HILL, N.C. (AP) ” Courting college voters, President Barack Obama said Tuesday that Congress needs to keep the cost of college loans from skyrocketing for millions of students, taking an election-year pitch to three states crucial to his bid to hold onto the White House.Obama told students at the University of North Carolina that he personally understood the burden of college costs, noting .. more …
Student Loan overview Student loans are different than other loans and these differences are best noted in the categories that they have much lower interest rate and much flexible payment option. They generally also don’t have to pay anything till completion of their studies. It is by wish of the government that it is so and this is considered as a way of encouraging students to complete their .. more …
There are a number of education loans that are available in the loan market. From among those you will have to take up only that education loan which you think will be of support to you. Certain .. more …
If you are interested in pursuing private college loans , you need to proceed carefully. Here are seven things you need to know when shopping for private loans. 1. Turn to credit unions. Credit unions, which are newer players in the private student loan world, almost always provide better interest rates. Ironically most people stick with the well-known lenders even though their rates are typically .. more …
PALM BEACH COUNTY, Fla. — One trillion dollars in student loan debt.That’s where our country stands.More students and parents are borrowing money than ever before.Unless your future job pays six-figures, Certified Financial Advisor Greg McBride from Bankrate.com says you’d better think twice about how much you borrow. His advice is to borrow an amount equal or less than the salary you expect to .. more …
CHICAGO ” If you’re not intimately familiar with the terrifying phrase “February is FAFSA time,” you don’t have college-age kids. Or you’re wealthy enough to be unencumbered by the gut-wrenching process of filling out the dreaded Free Application for Federal Student Aid, the gateway to federal and state student grants, work-study and loans for college.Though students can file the FAFSA for the .. more …
The first place any prospective student should start is with federal student loans. Federal student loans are backed by the U.S. government and are available directly through your school or through banks and student loan lenders via the Federal Family Education Loan Program (FFELP). These loans typically have lower interest rates, multiple repayment options, longer repayment periods, and much .. more …
Applications being taken for LIFT loansThe Salina Education Foundation is now accepting applications for its Loan Initiative for Future Teachers program.The LIFT program provides college loans of up to $5,000 a year for Saline County residents studying to become teachers. The loans are then forgiven if the student returns to the Salina School District to teach.For more information about the .. more …
