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 by U.S. Government Amazon Price: $19.95  by U.S. Government Amazon Price: $19.95 Customer Review: This CD-Rom was cheaply made and extemely hard to navigate through. I would not recommend this product to anyone.  by Stephen Waldman Amazon Price: Customer Review: I do not think I have ever taken this much time to read such a short book. At least it seamed to me that it took a long time. It was like walking up a never-ending hill. The only reason I kept plo...  Amazon Price: Customer Review: I think this book was very informative it realy helped me to understand alot of what the guidence counslors had been saying for my last two years of high school. it helped me understand what the stand...  by U.S. Government Amazon Price: $24.95 |
Federal Student Loans ArticleFederal Student LoansFor many college kids, federal student loans are absolutely essential. I was one of those kids. I came from a pretty poor background, and without a federal student loan I wouldn't have been able to get into college. Even better than the federal student loans, however, was the free federal scholarship. It is amazing how much money you can get for college if you have the right knowledge of the system. My parents were not really knowledgeable about such things, coming from rural Virginia. Nonetheless, I had an uncle who knew all about it. He pointed me in the direction of a number of college scholarships and, after applying for a few, I finally struck it rich. I wasn't able to get a full ride, but pretty nearly so. There are many different student loan federal programs out there. It all really depends on your background, education, and opportunities. It is unwise, however, to limit yourself purely to federal student loans. A lot of times, the best loans actually are based locally. For example, someone who goes to a particular high school, strikes it rich, and tries to give back to the community might make a student college loan available to low income residents in a particular city. There are other student college loans set up for people from a particular race, ethnic background, or people interested in a certain area of study. Keep an eye out there. Federal student loans are definitely where to start looking, but they are not where to stop looking. Of course, all of the advantages of federal student loans can turn to disadvantages pretty quickly if you don't repay them. Even federal loan repayments can be a pretty onerous burden on students after a while. This is why it is so crucial to get a good, high-paying job right out of college. Get the best thing that you can. You can always work a job that you enjoy more after you get ahead in your loan repayments. For first couple years, you need to just concentrate on putting your nose to the grindstone and working as hard as you can. Fortunately, if you are having trouble paying your federal student loans back, you can often negotiate a deal. For example, if you study further, or if you are able to show demonstrable economic hardship, you can often get federal loan refinancing. It doesn't always work, but it is worth a try if you are in a dire situation.
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US orders First Marblehead to cut risk, shed loans - Reuters2 Jul 2009 at 3:46pm |
Reuters N), a large packager of US student loans, on Thursday was ordered by the US Office of Thrift Supervision to lower risk by reducing its concentration of ... First Marblehead Signs Agreement With the Office of Thrift SupervisionSYS-CON Media (press release) all 14 news articles » |
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UPDATE 1-US orders First Marblehead to cut risk, shed loans - Reuters
2 Jul 2009 at 3:38pm NEW YORK, July 2 (Reuters) - First Marblehead Corp ( FMD.N ), a large packager of U.S. student loans, on Thursday was ordered by the U.S. Office of Thrift Supervision to lower risk by reducing its concentration of private student loans, a move it ... Read more...
New program offers break on student loans - KVAL
2 Jul 2009 at 11:06am There's some good news for college graduates who have big student loans to pay off. You may be able to get some help from Uncle Sam. This could be a big stress-reducer for many people. The U.S. Department of Education launched its new repayment plan ... Read more...
New federal student loan benefits take effect - Mid-Hudson News
2 Jul 2009 at 5:45am Mid-Hudson News CORNWALL – New college student loan benefits that were approved by the last Congress and signed by former President Bush, took effect on Wednesday and ... and more » |
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Finding Debt a Bigger Hurdle Than Bar Exam - New York Times
1 Jul 2009 at 8:33pm  New York Times | New York Times Sallie Mae transferred Mr. Bowman's private student loans, the ones not guaranteed by the federal government, to a collection agency, which tacked on a 25 ... Sallie Mae Helps 1.4 Million Customers Avoid Student Loan Default ...MarketWatch all 25 news articles » |
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Graduate to lower student loan costs - CNNMoney.com
1 Jul 2009 at 1:20pm CNNMoney.com You will generally qualify if your federal student loan debt is high compared to your income and family size. While your lender will perform the ... and more » |
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Can Your Student Loan Get a Bailout? - Reuters
1 Jul 2009 at 11:02am  KVAL | Reuters Basing loan payments on income isn't a new concept. For years, graduates with federal student loans had options to reduce or eliminate their payments, ... New student loan repayment plan now in effectNewton Daily News Feds Offer Income-Based Student Loan Payment PlansNY1 Pay Off Your Student Loan with Help from Uncle SamU.S. News & World Report Chicago Sun-Times -CNN -Killeen Daily Herald all 382 news articles » |
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