Student loans one of many factors driving student OE decisions – new study
People with higher levels of student debt are more likely to go overseas post-study. But student loans and their size are not the only factors associated with the decision to live overseas, according to a report released today by the Minister for Tertiary […]
It’s time to revisit a cardinal rule about paying for college.
The time-honored advice is to plan carefully and years in advance of when the money will be needed.
Federal education loans have long been counted on by many families to finance at least a portion of college expenses, and when other resources such as savings and […]
The Student Loan Corporation, a subsidiary of Citibank N.A., and a leading originator of student loans, today announced that graduate and professional students can now conveniently apply online for a Citibank Graduate Federal PLUS Loan for school certification on or after July 1, 2006.
“Not only is Citibank making applying for the PLUS Loan as easy […]
Two key Democratic lawmakers are promoting a bill to cut the interest rates for student loans in half in response to large budget cuts made to student aid earlier this year.
The “Reverse the Raid on Student Aid Act,” introduced earlier this month by Rep. George Miller (D-Ca.) and Sen. Dick Durbin (D-Ill.), would lower interest […]
The Missouri House on Monday approved a plan for the partial sale of Missouri’s student loan agency amid new political maneuvering over how the money should be spent.
The latest plan — which already contains enough hot-button issues to sink the most laudable of bills — picked up additional baggage when House Republicans linked it to […]
By HELEN HUNTLEY
If you borrowed money for college and haven’t paid it all back, I have a homework assignment for you:
Take a close look at your options for consolidating federal education loans.
And if you’re in the borrowing stage, be prepared to pay more. On July 1, we officially say goodbye to the era of record […]
University of New Hampshire grads are leaving school in more debt then ever before.
UNH students who took out federal loans graduated owing an average of $22,851 last year, 60 percent more than in 1995. Students who took out private loans graduated owing an average of $16,664, an increase of 60 percent since just 2001.
The rapid […]
A year ago, students and parents who borrowed to cover college costs rushed to lock in the lowest interest rates in four decades. Now those who haven’t consolidated their loans under the federal student-loan program are being urged to do so before July 1.
The reason: The deficit-reduction bill that President Bush signed earlier this year […]
Many student loan borrowers are listening to industry experts by taking advantage of loan consolidation in record numbers. Student loan interest rates are expected to rise by 2 percentage points on July 1, 2006. By locking into a fixed interest rate, consolidation allows borrowers to lower their monthly payments. Consolidation with a fixed interest rate […]