Nearly two of every three undergraduate students are going into debt to go to college, owing an average of more than $19,000, most often to the government.
Among a dozen states sampled, New York students averaged the largest loans, while those in Oregon and Minnesota were most likely to have borrowed.
About 65 percent of students who […]
Student loan interest rates will rise almost 40 percent when they are reset on July 1, according to the results of the 91-day U.S. Treasury bill auction on Monday.
The U.S. Department of Education will officially announce the change in the near future, according to Nelnet, the education finance company based in Lincoln.
The jump in interest […]
As one of the nation’s leading FFELP student loan consolidators, American Education Services (AES) encourages students, parents and graduates with either federal Stafford or PLUS loans to consider loan consolidation now, before interest rates increase on July 1, 2006.
The federal Stafford student loan interest rate will be increasing by almost two percent, costing borrowers thousands […]
Around this time of the year, anxious high school students find out whether they’ve been accepted by the college of their choice. For their parents, there’s the added anxiety of how to pay for that college education.
If you’ve got college loans, the magic date is July 1 — when the interest rates are set to […]
With tuition rates spiraling upward each year at most colleges and universities, it’s no secret earning that college degree comes with a hefty price tag.
According to “The College Boardâ€, on average, you’ll pay a little over thirty thousand dollars a year for a private school, adding up to a whopping hundred and thirty thousand dollars […]
College financial aid packages can include a combination of low-interest loans, federal work study and grants or scholarships that need not be repaid. The more desirable your child is to the college, the larger percentage of grants and scholarships he or she will receive.
So how do you position yourself to score the most aid dollars […]
Still paying off college loans? You should know the interest rates on federal loans are headed higher — much higher.
The U.S. Department of Education on May 30 will announce new interest rates for subsidized Stafford loans and Parent Loans for Undergraduate Students, or PLUS loans. Financial aid experts expect interest rates, pegged to increases in […]