23. March 2011
For upcoming college graduates, the daunting task of paying off students loans is not far away. In a mere six months after graduation, paying off these loans will become a reality. That makes it the perfect time to begin to consider student loan consolidation. Here are [..]
30. January 2011
Not everyone is aware of all the loan options available to pay for college. For an overview of federal and private sources of credit used to pay for college, view these links! Here are just a few options to consider...[..]
20. January 2011
Navigating student loan payments can seem daunting. Before you know it, you\'ve graduated and need to start making payments. So what happens if you are unable to make your monthly payments? You can soon find yourself in default. Learn how to avoid this dilemma.[..]
25. September 2010
Depending on the type of student loans you will be consolidating, the interest rate can vary greatly. For instance, federal student loan consolidation allows you to obtain a fixed interest rate based on the weighted averages of your existing loans. Private student loan [..]
8. September 2010
It’s true! If you are unfamiliar with Income Based Repayment (IBR), I would recommend reading my blog and then consulting the Student Loan Network’s handy payment estimator chart under the new repayment plan.
Why is IBR better than the normal plan?
There are[..]
8. September 2010
If you aren’t already familiar with our Financial Aid Forum, it is an awesome resource for answering questions about virtually every kind of financial aid or loan a student can take out toward their education.
We have three dedicated Student Advocates (myself incl[..]
8. September 2010
There was a great question in our loan consolidation forum this week from a new user with lots of loans from medical school. James recently finished his Master’s degree as a physician assistant (congratulations!) and wrote to us looking for some consolidation advi[..]
8. September 2010
Imagine waking up tomorrow and discovering you don\'t need to pay back your federal Stafford, PLUS and Perkins loans. For many Americans, that dream is a reality, thanks to a number of programs that allow you to have some, if not all, of your loans forgiven.[..]
8. September 2010
Federal student loan consolidation is fast, easy, free and highly recommended to lower your monthly payment. Private student loan consolidation is a bit trickier. Here are some notes to remember if you choose to go down this road.[..]
8. September 2010
Depending on the amount (and type) of loans you took out for school and the repayment plan you selected, the monthly payments may still be out of your reach by the end of your grace period.[..]
8. September 2010
There are a great many benefits to consolidating your student loans, such as the convenience of making one or two monthly payments as opposed to six or seven, the lower monthly payment. But there are some cases where you have to be careful.[..]
8. September 2010
Consolidation has two main benefits that can be of enormous financial help to you both in the present and the future: the improvement of your credit rating and lower net monthly payments.[..]
8. September 2010
If you’ve heard the word about the reform currently in progress across the country, you probably are aware of the end of the FFEL program and exclusive federal consolidation returning to the Department of Education. If not, read this page on upcoming changes to ge[..]
8. September 2010
Did you know that because nearly all private student loans have variable APRs, your interest rate could have changed several times in the past 2 years?[..]
