Community Colleges That Don’t Offer Federal Loan Access Put Nearly 1 Million Students At Risk

Community Colleges That Don’t Offer Federal Loan Access Put Nearly 1 Million Students At Risk

Compared to private loans, federal student loans may be a preferred, and sometimes safer option, when it comes to financing one’s higher-eduction. But for a large section of American students those loans are out of reach because their schools simply don’t offer the option. [More]

Some Banks Reward Private Student Loan Borrowers With Refinancing Options

Some Banks Reward Private Student Loan Borrowers With Refinancing Options

Recent college graduates face a number of barriers after getting their diplomas – finding a job, moving out on their own and paying back thousands of dollars in student loans. But now consumers struggling to pay back private student loans might find a bit of relief in new refinancing options from banks. [More]

Letter About 7-Cent Student Loan Bill Seems Like Efficient Use Of Government Resources

Letter About 7-Cent Student Loan Bill Seems Like Efficient Use Of Government Resources

It was really thoughtful of the U.S. Department of Education’s Direct Loans program to let Puck know that his student loan payments, which he starts making in August, are too low to cover interest payments, and that some of that interest was about to be capitalized and become part of the loan’s total. It wasn’t all that thoughtful toward the environment or the program’s bottom line, though, because they printed and mailed a letter inviting him to use a forty-four cent stamp to pay off seven cents in accrued interest. [More]

Save On Federal Student Loans July 1

Save On Federal Student Loans July 1

If you have a bunch of variable rate Federal student loans, July 1st could be your lucky day. July 1st is when the interest rates on Federal student loans changes, and one financial id expert is predicting they’re going to drop to “historic lows.” What this means is you will have an opportunity to consolidate your variable rate Federal student loans together at the new, lower, rate, and save yourself some cash. How much?

A Big-Ass List Of Student Loan Resources

A Big-Ass List Of Student Loan Resources

It’s a tough economic climate to be graduating from school — and maybe an even tougher one for those of you trying to get financial aid. We’ve put together a list of some financial aid and student lending resources to help make things easier.

FSA Ombudsman Solves Your Federal Student Aid Crises

FSA Ombudsman Solves Your Federal Student Aid Crises

Got a problem with your federal student loan? The Federal Student Aid Ombudsman specialists are here to help. First they’ve got a bunch of tips for you to fix your problem on your own. If all those don’t work, contact them by phone, fax, or mail and they will help you out. For reals. This is reader Trey’s great experience with them: