Mar
31
Defaulted student loan help for those on defaulted student loan
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defaulted student loan for defaulted student loan people, defaulted student loan help, forbearance and other options for people having trouble repaying their defaulted student loan.
Mar
29
Student Loan Debt, Double Standard
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Matt Berkus, Denver area bankruptcy attorney at Methner & Associates discusses the challenges of student loan debt for those with financial hardship.
Mar
29
Your Guide to Off-Campus Housing
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The decision to move off campus is not one that everyone can make easily. There are a lot of factors that can affect where and when you move out of your school residence halls to your own place. View full post on Student Loans : News, Updates and Blog Posts
Mar
28
Fox News – $13 Trillion in Toxic Assets for Top 25 US Banks!!!
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FOX News – 1/27/09 – Because You Asked… “You Talked about the banks holding toxic assets. How many toxic assets are there?” www.foxnews.com Toxic Assets (Level 3 Assets) = Those things owned that may have a lower value than the original purchase, but it difficult to put a value on. According to the report, the top 5 Big Banks estimated $ of Toxic Assets: – Citigroup $157 Billion – J Morgan Chase $140 Billion – Morgan Stanley $78 Billion – Goldman Sachs $69 Billion – Bk of America $60 Billion —- Total $505 Billion! Top 25 Banks = ~$13 Trillion Toxic Assets!! Another scary point is that there are some other soon-to-be toxic assets like – Student Loans – Auto Loans – Credit Card Loans Supposedly, these have not been figured in yet. Feeling good yet?
Remember — PREPARE, PREPARE, PREPARE
Mar
27
NWFCU Student Lending
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Evan and Eddie both get into the same college and both need a lot of help paying for it. There are some important differences in how they choose and use their student loans, leaving Evan in a tough financial situation and Eddie with an affordable loan he can pay off with the help of Northwest Federal Credit Union.
Mar
26
The House of Representatives passed a financial aid bill to eliminate subsizided loans and increase Pell Grants. The US Government will instead offer direct loans to students, eliminating banks as middle men. The maximum Pell Grant will increase by $200 to $5550.
Mar
24
Student & Loan Fraud
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People should get quality education without scammy student loans that takes a lifetime to payoff–white collar criminal extortion and exploitation–just as bad as muggers www.nytimes.com
Mar
23
Taking loans out to pay for school?
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It’s hard enough thinking about your own finances, but if you have children, you’re probably thinking about their financial future as well. Jeff from Sylvania wants to know if he should borrow money for his kid’s education. First off, a college fund is a great idea, if you have children you should have a college fund from the day they’re born. If not, make sure your co-ed taps into all the available resources first, before thinking about getting a loan. Colleges have financial aid offices which specialize in getting the most free money for kids, from scholarships to federal and state grants. The office can also help your child apply for low-rate student loans. If those resources don’t cover the bill, the simplest answer is: only take out a loan if you can save money doing so. Don’t go digging into your next egg right away. Here’s why: First: you can write off the interst on the loan if you itemize your taxes. Secondly: interest rates are very low right now, so chances are you can earn at a higher rate than you would pay on your loan. If you can get a standard loan for six-percent, and you’re earning seven- to nine-percent on your investments, you’re still making money. In fact, again, you save even more money because you can write off the loan interest if you itemize.
Mar
23
From our Archives: Consolidation
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For upcoming college graduates, the daunting task of paying off students loans is not far away. In a mere six months after graduation, paying off these loans will become a reality. That makes it the perfect time to begin to consider student loan consolidation. Here are some great articles from our archives with tips and tricks to guide you in the consolidation process. View full post on Student Loans : News, Updates and Blog Posts
Mar
22
first direct interviews financial expert Jasmine Birtles for its ‘Colourful Lives’ report
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first direct interviews financial expert Jasmine Birtles for its ‘Colourful Lives’ report
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