An emergency spending bill, approved Thursday by the Senate, abolishes a rule that has required borrowers who have all their federal student loans with one lender to consolidate with that lender. Under the legislation, already passed by the House and expected to be signed by President Bush, borrowers will be allowed to consolidate with any [...]

July First could be a very expensive date, for anyone still paying off a student loan for college. Interest rates on federal student loans will rise by about two percent, but you can avoid the cost increase, if you take action quickly and consolidate your loans. The climbing interest rates have recent college graduates [...]

Borrowers scrambling to consolidate their student loans before interest rates rise on July 1 will have more options in choosing a lender.
An emergency spending bill signed Thursday night by President Bush abolishes a rule that has required borrowers who have all their federal student loans with one lender to consolidate with that lender.
Under the new [...]

Firstmark Services, a leading national servicer of private student loans, announced that it has achieved two milestones: $1 billion in total student loan assets managed and 250,000 student loan accounts serviced for its clients.
Firstmark, based in Woodbury, Minn., works with lenders to provide private loan services to their borrowers and colleges. The company offers loan [...]

SimpleTuition, Inc., a company dedicated to making sense of education financing choices, today announced that thirteen leading student loan lenders have signed on to offer borrowers their most competitive lending options though ConsolidationComparison.com, a free online comparison tool for federal student loan consolidation options.
For the first time, borrowers can see an objective, apples-to-apples comparison of [...]

Missouri’s student loan authority has put on hold an independent financial analysis of a proposed higher education funding plan sought by Gov. Matt Blunt, the agency’s director said yesterday.
The Missouri Higher Education Loan Authority proposed in January to sell billions of dollars worth of student loans over several years to help finance Blunt’s $450 million [...]

With time running out for graduates to consolidate their federal student loans, conveniences such as electronic signature of applications are quickly becoming necessities. On July 1, 2006, interest rates on federal student loans are scheduled to make a near-record setting 35% increase over the current loan rates. Graduates who consolidate their student loans prior to [...]

After years of rising college costs and shrinking financial aid, it’s come to this: Some graduates are now leaving college with student-loan debt in the six figures.
According to a report by Gannett News Service, graduates with more than $100,000 in debt still account for a small subset of borrowers. But their numbers are rising.
In 2004, [...]

I have lived in Europe. Being able to someday tell my grandkids about this experience is just one of the advantages I found in my semester of studying abroad.
For four months I was a resident of Spain. I attended a university, attempted to speak the Spanish language and dress in a similar manner. I adjusted [...]

The second largest interest rate hike in the history of the student loan program is only weeks away and local students will be among the millions affected, but it’s not too late to lock in lower rates.
Federal student loan interest rates will increase almost 40 percent for students and 30 percent for parents July 1, [...]