federal loans

1. Brush up on your federal debt relief options. If you're a pre-law student, it's a great idea to stay up to date with the
Millennial recent graduates are open-minded, independent, and tech-savvy thinkers - all the makings of a great entrepreneur
It's not a myth! Every student loan borrower has to repay their debt, even if they are unable to find a job after graduating or didn't graduate at all. However, some repayment options can lead to your federal student loans being forgiven, canceled, or discharged.
8. You must be paid by a qualifying employer to receive forgiveness under PSLF. This one can be tricky. Some fellowships
There's no way to make 120 payments in less than 10 years, even if you try to double up on the monthly amount. Since the program was enacted in 2007, the Department of Education will not begin accepting applications until 2017.
Student debt is one of the most pressing problems facing the United States today. What might appear to be mainly a challenge for young people and their families actually has a more far-reaching effect on the national economy.
A Stafford Loan is currently the most popular student loan among federal student loan options due to its low interest rates and numerous borrower benefits. All Stafford Loans are eligible for in-school deferment, which allows students to defer repayments if enrolled in school at least half time.
"Student loans": no two words any student or parent wants to think about. The mention of the phrase "student loans," or worse, "student loan debt," is enough to make anyone cringe in utter disgust and confusion.
A federal loan consolidation works differently than private loan consolidations. With a federal loan consolidation, all of your eligible federal loans are combined into one loan with a lower monthly payment. Borrowers can consolidate their loans after they graduate, leave school, or drop below half-time enrollment.
As an employee of a bank offering a national student loan refinance and consolidation program, I often speak with recent graduates looking for guidance on questions regarding their student loans. So, for those of you who still don't fully understand how student loan refinancing works, let me help you out.
Whether you are still deciding on college, taking out your first loans or are already in repayment, there is a lot to know about borrowing and repaying student loans.
The problem of spiraling college tuition costs are the result of colleges' increasing dependence on federal and private loans. Colleges have continued to hike up their sticker prices with little risk as students and taxpayers absorb the financial burden of student loan payments and defaults.
JPMorgan Chase & Co will stop making student loans in October, according to a document reviewed by Reuters on Thursday, after the biggest U.S. bank concluded that competition from federal government programs limits its ability to expand the business.
The exit by Chase means one less competitor for other lenders still in the market. SLM Corp, often known as Sallie Mae, Wells
My real concern is with the plan's proposal to create a new college rating system and to tie student aid to it. I have no problem with my institution being rated or with a new rating system in general, but who will create this system? Higher education experts? Or politicians?
The excitement that typically surrounds college acceptance letters coming into households around the country is now being tempered by more than a little trepidation. The cost of college combined with a troubled economy means tough choices for prospective students.
My education is a worthwhile investment from my perspective, and to get a good education these days costs a good chunk of change. The bigger question is what to do now that I've graduated and have to start repaying my loans. Here's my plan of attack.
"Not that it’s not a good idea to give students loans, it certainly is a good idea to give them loans," he clarified. "But
Rates on subsidized Stafford loans, which are scheduled to jump to 6.8% July 1, would remain at 3.4% for undergraduates under
Congresswoman Virginia Foxx is the chairwoman of the Higher Education & Workforce Training Subcommittee. It turns out that Virginia Foxx knows about as much about the specifics behind the student loan crisis as Red Foxx, who is dead.