On February 8, 2006, President Bush signed into law a budget reconciliation bill that will impact your student loans as a student and a graduate. The interest rate on any new student loans (Federal Stafford Loans) that you take out after July 1, 2006 will be fixed at 6.8%. Any student loans you have taken out prior to that date will remain at a variable rate.
Read MoreAnother Way To Pay For School Loans
Most people aren’t concerned with the amount of money they borrow in order to go to college- at least, not while they’re still in college and avoiding payments by deferring them until after graduation. Students are taught to believe that going to college will result in higher paying jobs, and therefore- paying off the loans required to get that higher education will not only be easy to pay off, but well worth the investment, no matter how much that investment ends up being….
Read MoreWhy You Should Take Advantage Of Student Loan Debt Consolidation
You went to college, and you have your degree. And now that you have a job, you are making your own money, which means you have your own bills to pay. College probably wasn’t free, and it certainly wasn’t cheap. You probably had to take out several student loans in order to pay for your tuition, books, even your living expenses. So now that you have graduated, you are faced with the prospect of paying back several loans at a time. This can be quite overwhelming. It can be dif…
Read MoreWhy Managing Money Is Important For Students
Did you know that you can deduct up to twenty five hundred dollars from your student loans interest? There are some rules to this however. Your loan is only eligible for the deduction if you took out the loan only for a higher education program thats qualified by law. This can be not only for yourself, but your dependents and spouse as well.
Read MoreStudent Consolidation Loan Checklist
If you are graduating college soon, now is the time to begin preparations for your student consolidation loan. You have a six month grace period after graduation before payments begin, but the consolidation loan application process can take several weeks, especially if you haven’t gathered all your loan information and decided on a lender.
Read MoreImportant News You Need To Read Before You Consolidate Student Loans!
Are You planning to consolidate your student loans soon? I urge you to read my free student consolidation articles before you sign anything! Read breaking news that WILL affect you & see steps to take to get your student loans consolidated fast while saving you the most money.
Read MoreMake Student Loan Payments Easier Through Credit Consolidation
There is no doubt that while a college education is beneficial in that it offers a distinct advantage in the competitive job market, when it comes to paying the bills many people, both students and their parents, simply cannot see how they will be able to afford it. The tuition alone is unattainable for many, and add to this the cost of textbooks and dorm fees and the prospects are bleak indeed. As the price tag of higher education continues to climb, so does the demand from …
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