Search result for ‘student loans federal government

Student loan rollup choices to get wider

…  scrambling to consolidate their student loans before interest rates rise on July 1 will have more options in choosing a …  a rule that has required borrowers who have all their federal student loans with one lender to consolidate with that lender. Under …

June 16th, 2006

It’s not too late to beat student loan rate hikes

…  second largest interest rate hike in the history of the student loan program is only weeks away and local students will be among the …  but it’s not too late to lock in lower rates. Federal student loan interest rates will increase almost 40 percent for …  July 1, meaning the new fixed rates for new Stafford loans will be 6.8 percent and 8.5 percent for PLUS (Parent Loan for …

June 13th, 2006

New college grads face perils of debt

…  now, you may have paid little attention to the loans you’ve been taking out to pay for college. But usually about this time, …  borrowed for college leaves school with almost $20,000 in student loans and about $2,000 in credit-card debt. About two-thirds of …  finished four years of college and you have $20,000 in federal Stafford student loans. Under the government program that has made it …

June 11th, 2006

Student Loan Consolidation: Thousands of Dollars At Risk If College Graduates Delay

…  month, approximately 4 million college students will leave campus for good, taking away diplomas, friendships, and an average of $23,000 in federal student loans. The first shock of life after college may not be the workforce for many …

June 11th, 2006

Student Loan Consolidation: Thousands of Dollars At Risk If College Graduates Delay

…  month, approximately 4 million college students will leave campus for good, taking away diplomas, friendships, and an average of $23,000 in federal student loans. The first shock of life after college may not be the workforce for many …

June 7th, 2006

2 of 3 college grads go into debt

…  two of every three undergraduate students are going into debt to go to college, owing an average of more than …  states sampled, New York students averaged the largest loans, while those in Oregon and Minnesota were most likely to have …  debt was $19,202. Of that sum, $17,022 came through federal loan programs. The agency focused on 12 large, medium, and mid-sized …

May 31st, 2006

Student loan rates to go up July 1

Student loan interest rates will rise almost 40 percent when they are reset on July …  according to a new survey. New rates for consolidation loans made on or after July 1 will rise to 6.625 percent for Stafford loans in …  in repayment. Stafford loans are available from the federal government to graduate and undergraduate students. The new …

May 31st, 2006

Popular Student Loan Program Changing

…  have different majors but a common concern, mounting student loans. “I’m already looking for that job that’s going to pay me enough money …

May 30th, 2006

Federal Student Loan Interest Rates to Rise Nearly 2 Full Percentage Points This Summer

Student loan interest rates will climb 1.84 percentage points this summer — one of the largest increases in the history of the federally guaranteed student loan program. Students, graduates and parents who have student loans can avoid the rate hike if they apply to consolidate their student loans …

May 30th, 2006

Word of Caution for College Students and Graduates: All Student Loan Consolidators Are Not Equal

…  student loan interest rates set to rise between 1.5 and 2 percentage points on …  Sallie Mae, the nation’s largest consolidator of student loans, cautions borrowers that choosing the wrong lender could be a costly …  addition, Sallie Mae offers combined billing for its Federal Consolidation Loan borrowers who have private education loans with the …

May 24th, 2006