student loans that the government will pay back

TAMIU urges students to apply for fall financial aid

June 27th, 2007

Students planning to attend Texas A&M International University in the fall should apply for financial aid before August to take advantage of the maximum range of financial assistance available, an administrator said.Laura Elizondo, director of financial aid, said TAMIU awarded more than $27 million in financial aid last year. She said students should apply before [...]

Student loan debt can burden borrowers

June 24th, 2007

You’ve got the college degree, and now you’re stressed about the debt.
“Even if your student loans exceed your annual salary — which is, unfortunately, a common phenomenon these days — you can knock down those debts and start to regain control of your financial life,” Lynnette Khalfani writes in her new book, “Zero Debt for [...]

Received Your College Diploma? Looming Student Loan Paybacks Shouldn’t Rain on Your Parade

June 8th, 2007

Many college graduates are taking in a breath of fresh air this month after graduation, knowing that they no longer have to study for exams, give presentations or write papers. However, reality sinks in when grads think about paying back the student loan debt they have acquired. The median student loan debt for young adults [...]

Read the fine print before you consolidate that student loan

June 8th, 2007

If you plan to graduate from college this spring, your mailbox may soon be filled with congratulatory cards from family friends, checks from distant relatives and reminders from your alma mater that your diploma will be rescinded unless you pay your overdue parking tickets. But if you borrowed to pay for college, much of your [...]

Getting a handle on student-loan debt

June 8th, 2007

You’ve got the college degree, and now you’re stressed about what do to with the debt.
“Even if your student loans exceed your annual salary — which is, unfortunately, a common phenomenon these days — you can knock down those debts and start to regain control of your financial life,” says Lynnette Khalfani in her new [...]

Student loan program to be revamped

June 3rd, 2007

The U.S. Education Department has proposed new rules to police the $85 billion student loan industry, it was reported Saturday.
An inspector general, Democratic lawmakers and even some loan-industry officials have criticized the Education Department for lax oversight of student loans.
Under new rules proposed Friday, universities would have to include at least three loan companies on [...]

How to borrow for college: A basic primer

May 23rd, 2007

If they haven’t already, millions of seniors graduating from high school will turn their attention over the next few weeks to paying for college.
Scholarships and grants — which don’t have to be paid back — are the best option, of course. But not everyone has the academic record for merit aid, or a great jump [...]

Student loan decisions weigh heavily on graduates

May 23rd, 2007

As college graduation season comes to a close, the newly anointed degree holders finally have to face a new reality — life with hefty education debt.
There is plenty to be done before the debt starts to come due — in about six months for most — but graduates will need to act fast and think [...]

Student loan scandal: Effects on consolidation

May 13th, 2007

It’s a good thing you got that college education. You can put it to good use navigating the complex maze that is the student loan industry as you consider whether to consolidate your federal student loans.
For those who have never done it, it’s a question that comes up every year in anticipation of the [...]

You can ease burden of student-loan debt

May 13th, 2007

Though much news recently has focused on the problems in selecting a student-loan provider — thanks to allegations that some lenders and financial-aid offices have been in cahoots — for many students graduating this spring, the larger issue is how to pay back all that debt.
It’s no small matter. The median debt load for graduates [...]