Student Loan Consolidation

Student Loan Consolidation Dealing with Student Loans: A Comprehensive Guide Has to be one of the best books on student loans out there. Thoroughly researched and detailed w lots of real world examples. Right now, no matter what you’ve read online, there are no secrets or tricks to handling your student loans, and there are … Continue reading “Student Loan Consolidation”

Plan would cap rates on loans to undergrads

Under the compromise measure, undergraduate students would pay a rate of 3.85% next year on subsidized and unsubsidized Stafford loans. The plan would cap rates on loans to undergrads at 8.25%, for graduate students at 9.5% and parents at 10.5%. While this is not the agreement that any of us would have written, and many … Continue reading “Plan would cap rates on loans to undergrads”

Making smaller payments over a longer time

Federal student loan consolidation allows you to combine one or more existing student loans into one single consolidation loan with a new repayment schedule. You will have lower monthly payments, but you will pay much higher interest over the life of the loan because you will be making smaller payments over a longer time. When … Continue reading “Making smaller payments over a longer time”