Student Loans Articles

Hand sticking out of sand grasping money
Dec, 9, 2011
Amidst the recent uprise against the student loan industry, current students are graduates need to know what options they have available to them. The horror stories told by participants’ of the Occupy Student Loan campaign sound tragic, but is there something that can be done now to alleviate the financial suffering these individuals are undergoing?  
Drawing of student climbing dollar steps to achieve degree
Nov, 30, 2011
As schools’ tuitions, costs, and fees continue to rise, and movements such as Occupy Wall Street and Occupy Student Debt gain momentum, pursuers of higher education may be asking themselves whether college is even worth it. After four years of rigorous studying and taking on tens of thousands of dollars in debt for student loans, some feel slighted when they receive nothing more than a piece of paper with the cursive words, “Bachelor’s Degree,” scrawled across the center.  
Bubble with one hundred dollar bill floating inside
Nov, 11, 2011
Imagine our nation’s most recently graduated student. This proud, job-seeking, ready-to-take-on-anything individual is filled with hope, excitement and vigor. He imagines the future and sees nothing but the sky—for that’s the only limit that could possibly contain him.  
Woman cheering
Sep, 15, 2011
Student borrowers who have chosen to give back to their community with a career in public service can get some relief on their student loans through the Public Service Loan Forgiveness Program. “The Public Service Loan Forgiveness Program was created to encourage individuals to enter and continue to work full-time in public service jobs,” the Federal Student Aid website says. The opportunity came about as part of the College Cost Reduction and Access Act of 2007.
Stack of books with apple on top
Sep, 14, 2011
Teaching can be a rewarding profession, and the federal government has added another benefit with its Stafford Loan Forgiveness Program for Teachers. Through this program, teachers can receive up to $17,500 toward paying off their student loans. Individuals are eligible for this funding if they teach for five consecutive years in one or more schools or educational service agencies schools that serve low-income families. Borrowers also must have taken out a first time Direct of FFEL federal student loan on or after Oct. 1, 1998 and cannot be in default on their current loans.
Piggy bank wearing a graduate hat
Sep, 12, 2011
Perhaps the greatest advantage of student loans over other types of loan agreements is the ability of students to secure lower interest rates to help pay for tuition, room and board, books and other expenses related to education. Finding the best possible interest rates often requires a combination of filing paperwork with the government, such as through the national FAFSA financial aid form available online, along with researching supplemental private loan rates from individual lenders.
Blue and green paint buckets pouring into same spot
May, 25, 2011
Unlike other types of loans for which borrowers are likely to have an arrangement with a single lender, student loans are often taken out in a variety of different loan agreements and may include loans that vary greatly in terms of interest rates, principal amounts, and repayment periods. Consolidating student loans is a step some students take to secure longer repayment intervals or to simplify payments with a single monthly bill.