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 [...]

Sallie Mae Senior Vice President Barry Goulding today testified at the Senate Banking Committee hearing, ‘Paying for College: The Role of Private Student Lending’ to demonstrate how Sallie Mae serves students and parents in the private education loan market.
Goulding emphasized Sallie Mae’s ‘1-2-3 approach’ to paying for college: 1) after tapping personal financial resources such [...]

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 [...]

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 [...]

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 [...]

ScholarshipPoints.com, a free service from the Student Loan Network, has announced its first quarter scholarship winners. Chris Wendorf, University of Wisconsin - Milwaukee, received the first-place scholarship of $1000; Jonald Allan Gonzalez, Brigham Young University - Hawaii, received the second-place $500 scholarship; and Helen Hawkey, University of Pittsburgh, took the third-place $250 scholarship. All three [...]

Some lending companies with access to a national database that contains confidential information on 60 million student borrowers have repeatedly searched it in ways that violate federal rules, raising alarms about data mining and abuse of privacy, government and university officials said.
The improper searching has grown so pervasive that officials said the Education Department is [...]

Everyone knows that getting an education is expensive. Student loans are available to most students for tuition, but what about the other expenses? You need books and supplies, a lap top as well as funds for room and board. To make matters even more challenging; should you decide to take on a full load of [...]

Your education is the key to launching your future. After you enter the professional world you leave the college years behind to focus on your career goals. But one thing most people can’t leave behind are student loans. Don’t let this burden continue to weigh you down, make student loan consolidation a priority on your [...]

New grant programs. Higher interest rates for student loans. A permanent tax exemption for 529 savings plans. In the college financing arena, the hottest trend in 2006 seemed to be change itself. A little tinkering here. Some sweeping overhauls there. What it all means depends on your personal circumstances. But no matter where you are [...]

When Jeremy Hynd graduated from Vanderbilt University in 2004, he applied to consolidate $44,000 in student loans. With interest rates then at record lows, consolidation offered the opportunity to lock in a 2.5% rate for the life of the loan.
But Hynd discovered that $27,000 of his loans weren’t eligible for federal loan consolidation because they [...]

Procrastinators with student loans are lighting up phone lines as tonight’s midnight deadline to lock in interest rates quickly approaches.
“In June it started with what I would call medium heavy,” said Bob Zier, the vice president of loan consolidation for Indiana Secondary Market Education Loans. “Last week was heavy, and this week it’s just coming [...]