Consolidate your loan and make six agreed upon payments on time over a six month period. For more information and questions on repaying your student loans,contact the National Repayment Center at 1-800-621-3115 ...
IMHO: In a wildly shifting economy, training and education become more important daily. Seizing the student loan market is a way for credit unions to position themselves as partners for members who are entering the peak borrowing stage ...
Default rates are high: Recent research explodes the widespread myth that student loan default rates are low. To be sure, the federal Dept. of Education has announced for years that the default rate was a modest 4% to 5%. ...
For more information on recent actions taken by the Department of Education to ensure students and families have continued access to federal student loans, please visit http://www.ed.gov/news/pressreleases/2008/11/11202008.html. ...
... an area of national need described in subsection (b) that a borrower completes on or after the date of enactment of the Higher Education Opportunity Act, the Secretary shall forgive not more than $2000 of the student loan obligation ...
“With student loan debt for those completing their degree jumping 108% in the past decade, according to the National Center for Education Statistics, and students facing one of the most severe credit crunches in history, loan ...
In 1998, Congress eliminated the seven-year floor primarily as a budget savings gimmick to pay for student loan changes it made when it reauthorized the Higher Education Act that year. Finally, in 2005, lawmakers included private loans ...
During the presidential campaign, we ran a series of posts highlighting the educational background of the presidential and vice presidential candidates. So now that Barack Obama is choosing members of his cabinet, we’ll be doing the ...
With the recent downward spiral of the economy, students across the board are clamoring for ways to finance their education. Fifty- two percent of enrolled GCSU students in fall 2008 are here on federal student loans, but many seem ...
Loans have financed this runup in tuition, but for how much longer? They are unsecured debt. As one commentator asked recently, "How do you repossess a student loan - attach a tow hook to some delinquent student's brain as he exits the ...
