Do you want to take out a Parent PLUS loan or cosign a private loan?
After discussing the cost of college and who will pay, you can start to plan how to finance it. In this article, we will discuss a parent plus loan and private loan. Your student may need additional money to pay for school, beyond the federal loans they have. You might be willing to lend a […]
Billionaire Mark Cuban Warns of Crash that will Kill America’s Colleges: Subsidizing Student Loans
Mark Cuban Warns of Crash that will Kill America’s Colleges After years of subsidizing student loans, the United States federal government has succeeded in raising college tuition costs to astronomical figures and formed another “bubble” that is bound to pop eventually. The government has been providing loans to individuals likely to never be able to […]
Student Loan: For-Profit Education is Failing, Heres Why
Executive Summary Education is something that is seen as highly valued, and many want their children to go to college after they graduate high school because of this viewpoint. The problems start when for-profit colleges are failing to live up to their end of the bargain. Many of these colleges are shutting down since the […]
US Marshals Making Arrests for Unpaid Student Loans
With over 40 million people in the United States carrying student loan debt, there are plenty of us who worry about making our payments on time and staying up-to-date on our unpaid student loan payments. In fact, many college-educated Americans have made big sacrifices just to pay unpaid student loans like delaying getting married, putting […]
State Helps Students After School Closes: Marinello School of Beauty
There are 250 boxes of student files from the Connecticut Marinello School of Beauty that the state Office of Higher Education staff is going through to match up with electronic records due to the closure of the for-profit school. The closure of Marinello occurred after the U.S. Department of Education cut off federal student loans and grants […]
President Obama Student Loan Forgiveness Program 2016
One of the biggest burdens that many college graduates face is their student loan debt. At the time the debt is incurred, it paves the way towards earning a degree that puts college students on the road to a career they love. Repayment does not begin until several months after graduation and, by that time, […]
Student Loan Changes Coming in 2017
With President Trump taking office and a Republican-controlled Congress, it’s no surprise there may be several student loan changes in Washington this year that could potentially impact your student loans. Last year brought a great deal of attention and debate to the student loan crisis with 44 million borrowers responsible for $1.3 trillion in debt. […]
Federal Student Loans Rates Increase July 1
Just in time for the upcoming academic year, federal student loans rates are set to rise on Saturday, July 1 which will surely affect many students and parents. Although many did not expect this increase, CNBS reports the rates were set in May during the Treasury Department’s last auction of 10-year notes. For Stafford loans, […]