Archive for September, 2008
« Previous EntriesShould I pay off student loans or start a retirement account?
Tuesday, September 30th, 2008BeenThereDone That asked: I just graduated from college and will start to have to pay student loans within the next 5 months (about $13k) . I am also very interested in starting out a retirement account soon. I have been told that I can open an IRA for as little as $50 a month. Should […]
Student Loan Consolidation Services
Wednesday, September 24th, 2008Groshan Fabiola asked: When it comes time to consolidate student loan debt, a person should take several things into consideration. Most importantly, they should be able to look at the different student loan consolidation services available to ensure that they are getting the best rates possible. Paying back student loans can be a difficult thing […]
How do I get enough money in student loans to cover my mortgage payment while I am in school?
Sunday, September 21st, 2008AMY Z asked: I am trying to find alternative student loans to finish my college education. I am receiving enough money in stafford loans to cover my tuition, however I need more to cover my mortgage payment so I can continue school full time for 1 year. Every company I talk to says […]
Deferment and Forbearance: When You’re Having Trouble Making your Student Loan Payments
Wednesday, September 17th, 2008Jeff Mictabor asked: Whether you’ve only been out of college a few months and are still looking for a job, or you’ve just lost a job you had for the past five years, you may not always be fully financially equipped to handle your student loan debt. When unexpected expenses or hardships hit, even the […]
Student Loan and Student Loans
Tuesday, September 16th, 2008Christian asked: A student loan is a loan that is granted to a college student enrolled in courses full or part time for at least one semester or quarter and who have declared a major with the intent of pursuing a degree of higher education. Student loans can be granted through various lenders with a […]
What types of student loans can a person get that allow you to use them how you see fit?
Monday, September 15th, 2008DANIEL H asked: I am a returning undergraduate student at a tribal college in central Montana. Anyone who has lived in or visited Montana knows that transportation is extremely important. I would like to know the best places to review for student loans which allow a person to spend the money freely and without the […]
The Ins and Outs of Student Loans
Monday, September 15th, 2008Vernon DeFlanders asked: (c) 2008 Vernon DeFlandersIn our day when a bachelor’s degree doesn’t get you all that much any more, students are being taken advantage of. I can understand higher prices for graduate school, but the undergrad prices are absolutely ridiculous in my opinion. Current first-year students had been expected to graduate in 2011 […]
Having Trouble With your Student Loan Payments? Look Into your Deferment and Forbearance Options
Monday, September 15th, 2008Jeff Mictabor asked: If you just graduated in May with federal Stafford student loans, you may be having to adjust your monthly budget to accommodate new student loan payments as your Stafford six-month grace periods end sometime this month. If you’re still looking for a job, or if you’re at an entry-level salary right now, […]
How do student loans affect a mortgage applicaton?
Tuesday, September 9th, 2008LadyLiberty asked: I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining […]
Why Student Loan Consolidation?
Tuesday, September 9th, 2008Student Consolidation asked: Why Student Loan Consolidation? Due to the rising cost of higher education, a large number of students have been forced to finance their education by getting student or education loans. While student loans are easy to get and come with the cheapest rates of interest, paying them off is not so easy […]
