News on Student Loans

Obama health bill would reshape student loans

2010-03-19T09:15:45Z

<div><p>US President Barack Obama's historic health care legislation, set to face a make-or-break vote on Sunday, would also reshape the way Americans pay for famously pricey college educations.</p><p>Along with buying a home and setting aside cash for retirement, paying for higher education is one of the most daunting expenses Americans can face, especially if they attend a private institution rather than a state sc...

Student aid linked to health care gets a trim

2010-03-18T18:45:07Z

<div><p>Congressional Democrats on Thursday trimmed their original student loan plans, reduced spending for community colleges, and eliminated early childhood money from a broad rewrite of a college aid bill piggybacked on to fast-track health care legislation.</p><p>The student loan measure would be the biggest change in college assistance programs since Congress created them in the 1960s, ending a private-lender program by having the government originate all loans to ne...

Conn. would waive student loans in 'green' jobs

2010-03-14T12:00:19Z

<div><p>Paul Goulet hopes Connecticut will help him get from under nearly $8,000 he's borrowed for college after losing his job in a paper manufacturing plant.</p><p>Goulet, 55, is a student in environmental studies at Goodwin College in East Hartford, aiming to find work in wastewater treatment. Stat...

Democrats look to resurrect college aid plan

2010-03-12T14:30:20Z

<div id="subtitle">Health care plan could also help resurrect college aid plan</div><div><p>Congressional Democrats want a stalled overhaul of college aid programs to get strapped onto a fast-track health care bill, giving both Obama administration priorities a better chance of passage.</p><p>The student loan measure would be the bi...

Obama's proposed student loan overhaul gets boost

2010-03-12T13:16:53Z

<div><p>WASHINGTON (Reuters) - President Barack Obama's stalled bid to overhaul the federal student loan program by cutting subsidies to private lenders and increasing aid to students received a boost on Friday.</p><p>Democratic congressional leaders agreed to fold Obama's student-loan proposal into a bill aimed at winning final approval of his drive t...

Loans Refinance, Yes or No?

2010-02-22T13:27:52Z

Loans refinance might be very interesting as well as hot topic nowadays, in the time like these. What is the main aim of loans refinance? Many claim to lock into a lower interest rate, avoiding climbing-up current interest rates. Some claim to reduce monthly payment. Literally, loans refinance means replacing current debt obligation with different debt obligation yet under different ?umbrellas?. ?Umbrellas? here means terms and conditions. What kinds of loans refinance which are popular nowad...

Don?t Give Up Applying For Bad Credit Student Loans

2010-02-22T13:28:02Z

It is so common these days that by the time you reach 18, you instantly apply for credit cards. Every one knows that if used responsibly it could make out a powerful tool and a quick way to gain credit, but if used without proper counting, it could turn out to be a real hazard. Some extremes even highly recommend to never ever having such a thing. When you?ve gotten tied up by the debts, it will be such a relief to be able to run away from it. But you have to know that once you have applied, ...

Benefits of Using Alaska Student Loan Consolidation

2010-02-22T14:12:10Z

With high cost of education in the modern world today many students who go for higher education have been forced to look for means and ways of ensuring that they get money to cater for their tuition and at the same time get money to buy stationery and other monies that should be used for upkeep expenses. With these endless lists of expenses, the students have been forced to go and approach several lenders to give them a loan to finance their education. As a result of having very many loans, h...

College Consolidation Loans

2010-02-22T14:12:11Z

College consolidation loans help the students in reducing their monthly loan payments. When you consolidate your loan, you are combining one or more existing loans to one loan. Loan consolidation will help you to reduce your monthly loan payment because it helps you to stretch your payment period from the usual 10 year period to up to 30 or so years, but will depend on the amount of loan your are still owed by the lending institution. Loan consolidation is advantageous in that you will have m...

Education Loans in a Brief Review

2010-02-22T14:31:21Z

Bank loan facilities today are very diverse and for various purposes. It is important to understand the nature of the loan itself. Loan funds provided for a solution for many needs that require immediate funding. These funds can not we all just get by just relying on monthly income. However, educational loans, unlike a loan to purchase a house or buying a car, which is a secure personal loans that the loan was put on the goods as collateral. Education loans are loans without any collateral. T...

Several Types of Federal Student Loan

2010-02-22T15:34:24Z

There is rarely a university student that comes through to graduation without needing to draw off a loan. With so many things to purchase and very little money while attending college, many university students graduate only to find that the Federal student loan debt that they've accrued is an atrocious amount and that the defrayments that they must make monthly takes up the biggest part of their revenue. Federal student loan consolidation is for students who have taken over a bit much student...

What is a Loan Servicing?

2010-02-22T18:40:44Z

It should be stressful when you are studying and also working at the same time and all that is not easy to do. Student loan servicing can make your life turn into easier for you who don?t have a lot of admission time on your hands. You can just use your home PC as long it has internet access instead of making a trip to the loan center. It could be a greatest way to save money and time.<br><br>Student loan servicing help student understand everything about their loa...

All About Loan Forgiveness

2010-02-22T18:40:45Z

Due to lower paying jobs and difficulty in finding a job in this economy situation, many academy or university students are under pressure to pay back student loan deb. With more than $20,000 in student loan debt, it can take an entire lifetime to pay back student loan and also many have credit card debt if you just pay in the minimum payment. There are some usual resolutions for that entire college student is to live below your represents, work overtime, work multiple jobs or live at home wi...

Prescott College Scholarship $10,000 Drawing ***

2010-02-22T21:14:20Z

Author: Sholand Barber

Prescott College Scholarship, If you have decided that going back to college is a great decision for you, then you need to find a way to fund your decision. This is typically done by locating the appropriate amount of college aid. The problem is trying to find the funding that will get you through the next 2 to 4 years. Here are a few ways that you can find college aid fast so that you c...

Southwestern College Scholarship $10,000 Drawing ***

2010-02-22T21:14:41Z

Author: Sholand Barber

Southwestern College Scholarship, If you have decided that going back to college is a great decision for you, then you need to find a way to fund your decision. This is typically done by locating the appropriate amount of college aid. The problem is trying to find the funding that will get you through the next 2 to 4 years. Here are a few ways that you can find college aid fast s...

Student Loan Repayment Using OPM (Other People?s Money)

2010-02-22T21:57:15Z

This article is an overview of ways to have other people make student loan repayments for you, or at least of portion of them. These programs aren?t for everyone, but the shoe probably fits quite a few people.<br><br>Join The Military<br><br>The SLRP (Student Loan Repayment Program) is used by the military as a recruiting incentive. The Army and Navy can repay up to $65,000 of student loan debt, and the Air Force will pay up to $10,000. ...

A Brief Review on Stafford Loan

2010-02-22T22:10:49Z

The most famous student loans is Stafford loan. It is widely available and is backed by the United States Federal Government. Nearly all students are qualified for Stafford loans despite of their credit ratings. There are two types of Stanford loans which are subsidized and unsubsid...

Student Loans- Some Basics

2010-02-22T23:09:04Z

Thinking about getting a student loan to help pay for your college education? You?re not alone. About two-thirds of all people attending public and private colleges and universities take out student loans. This is a necessity because the cost of higher education has soared in recent years. The Project on Student Debt reports that for 2007 graduates, the average student borrower gr...

Community college loan default rate 16.7 percent

2010-02-23T07:14:49Z

<div id="subtitle">Nearly 17 percent of community college students defaulting on loans</div><div><p>Nearly 17 percent of Iowa community college students default on student loans within three years of graduating.</p><p>Federal data shows the default rate is more than five times the average for students who attend Iowa's state-run universities and three times the average of t...

Is Rachel Yould a victim or schemer?

2010-02-23T08:57:49Z

<div id="subtitle">Two portraits of Rachel Yould emerge; one a victim, one a schemer</div><div><p>Who is Rachel Yould? Is she a victim of domestic violence or a schemer who took on two identities to get rich?</p><p>Did the 37-year-old ex-beauty queen and academic scholar fraudulently use two Social Security numbers and two names to obtain more than $600,000 ...