Tag Archives: payments

Why are student loans still rubbish at getting the money out?

I’ve not been a student for many years now, but it’s been in the news that loan payments will be late. Why is this system still so appalling? Chosen Answer: It seems that education is only first priority for those … Read More

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Can you refinance your student loans if they are allready consolidated?

Student loan payments are in excess of 0 per month, is there anything that can be done about this? Chosen Answer: Consolidating merely means you wind up paying a third party less per month but more total. Sorry, you could … Read More

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Student loans that send money directly to the student?

I’ve got my tuition paid for, but I need about ,000 to get a new desktop for my 3D classes and to pay off a few debts. I’m looking for a student loan that sends the money directly to me, … Read More

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Can child support be collected from student loans and grants?

Is it possible for child support owed to be taken from the non-custodial parent’s financial aid and student loan refunds? And if the non-custodial parent is on welfare because of financial hardships would child support be taken from those payments … Read More

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Can you deduct interest paid on federal student loans on your taxes? If so up to how much?

I have a federal student loan from Sallie Mae for around 20,000 dollars. I have accrued interest on it of about 2,000. I was just wondering if interest paid on my loan is eligible for tax deduction? If it is … Read More

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I made a mistake consolidating my student loans. What can I do?

I had several student loans from various lenders for my undergraduate and masters studies. Because I was tired of paying many payments each month to different lenders, I rushed into consolidating without knowing the facts. Now I am stuck at … Read More

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Should I invest in my 401k now or pay off my student loans now?

I’m 24 and have been working for about a year and a half. I have about k in my 401k and k in student loans. I recently upped my 401k contributions to 15% and have been making large payments towards … Read More

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Where can I get financial consultation or advice on student loans, consolidation, credit scores and mortgages?

I am a graduate student nearing graduation and have a heafty student loan around 160k. In addition, my credit score is poor because of a few missed payments. I would like to talk with someone who can give me unbiased … Read More

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If I consolidate my student loans, will that lower my credit score?

I owe total of 25k from salliemae, and I’m about to start repaying my student loan in November. I got money from them on four different occasions – 1 loan/semester. If I consolidate all my loans, how much will it … Read More

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