Student Loans

By Charles Gloson When you think of refinancing student loans, don't fall into the marketing trap of many lending companies. As an intelligent borrower, you have to understand the basic things of how to go about refinancing your student loans. It might seem easy enough to understand but you really need to go into the details to get a thorough appreciation. Here are some of the most basic things you need to know: First, know the types of your outstanding student loans. The most common types... Read Full Story

Hello friends, Does anyone know the current interest rate for the Student Federal Stafford Loan? I am looking to study for a master’s degree and would need to take out a loan. Currently I do have a home equity line of credit at an interest rate of about 8% and would be enough for the master’s degree for $50,000. Should I stick with my home equity line of credit or better to open a loan from Federal Stafford? Thanks Brian Related Entries Where Can I Find Information On Student Loan... Read Full Story

THIS ELECTRONIC VERSION MAY DIFFER SLIGHTLY FROM PRINTED VERSION Get started early and avoid the last-minute rush to refinance your student loans, and lock in the current low interest rates before they move much higher July 1. You have a one-time chance to consolidate your student loans and lock in Publication: Post-Tribune (IN)... Tagged as: electronic, version, differ, slightly, printed, started, minute, refinance, student, current, interest, higher, chance, consolidate, publication, tribune Read Full Story

Byline: MICHELLE SINGLETARY Washington Post If you've just left college with a degree and a considerable amount of debt, here's some financial news that might take some of the sting out of having to repay thousands of dollars in education loans. The variable interest rates on federally guaranteed Publication: Albany Times Union (Albany,... Tagged as: byline, michelle, singletary, washington, college, degree, considerable, amount, financial, thousands, dollars, education, variable, interest... Read Full Story

If you are a college graduate with student loans, there is one thing that should be on your "to do" list: consolidating your debts. And you don't have much time to take action. Each summer, the federal government recalculates rates on student loans. The variable interest rate on most federally Publication: The Washington... Tagged as: college, graduate, student, consolidating, action, summer, federal, government, recalculates, variable, interest, federally, publication, washington Read Full Story

Byline: Chris Gaylord Correspondent of The Christian Science Monitor Elizabeth Hira has seen the pitch many times before. Since graduating last June from Stanford University, Ms. Hira has received piles of postcards and letters, littered with exclamation points, percentages, and the infamous Publication: The Christian Science Monitor... Tagged as: byline, gaylord, correspondent, christian, science, monitor, elizabeth, graduating, stanford, university, received, postcards, letters, littered... Read Full Story

A federal direct consolidation loan would provide a student as well as their parents with a more convenient way to pay off your existing student loans. This is especially true if your outstanding loans are a combination of loans that include the Perkins Loans, Direct Loans and FFELP Loans. The thing with having a direct consolidation loan is that all of your current outstanding loans would be repaid and in its place; a new loan would be created, one that would have a single repayment period... Read Full Story

Byline: April M. Washington, Rocky Mountain News City Auditor Dennis Gallagher assailed the Mayor's Office of Economic Development on Wednesday for refusing to respond to his probe about the overall state of Denver's federally backed loan program. The criticism comes after a tense meeting Wednesday Publication: Rocky Mountain News (Denver, CO)... Tagged as: byline, washington, mountain, auditor, dennis, gallagher, assailed, office, economic, development, wednesday, refusing, respond, denver... Read Full Story

COLLEGE CAMPUSES ACROSS Arkansas are bustling with activity as staff help students get squared away for the fall semester. A big item of potential concern, the availability of student loans, is no longer deemed problematic amid the shuffling of paperwork. "Students should be in good shape for the Publication: Arkansas Business... Tagged as: college, campuses, arkansas, bustling, activity, students, squared, semester, potential, concern, availability, student, longer, deemed, problematic... Read Full Story

Byline: Stephen Moore, SPECIAL TO THE WASHINGTON TIMES This year marks the 40th anniversary of the guaranteed student loan program for college students. Created by Lyndon Johnson as part of the Great Society, the program has made college affordable for thousands of students. But it also has had a Publication: The Washington Times... Tagged as: byline, stephen, special, washington, anniversary, guaranteed, student, program, college, students, created, lyndon, johnson, society, affordable... Read Full Story