I’m a college student and I had to sit out a semester because I didn’t have anymore money. My mom doesn’t have the best credit so it’s almost impossible to get her to cosign a loan for me. Where could … Read More
Since our national debt is now 14.3 trillion, and the student loan program has one trillion in outstanding unpaid loans, are we really 15.3 trillion in debt if we have to bail out the students? Chosen Answer: No, because the … Read More
The rate was doubled for all loans past/present from 2.4% to 4.8%. I am still studying and I am being charged £240 a year on just my first year student loan. How was this sneaked in? Why was there nothing … Read More
My financial plan is to take out the max federal Stafford loans this year (my freshman year) and my sophomore year. During my last two years, I have made a plan to pay back all of that money before I … Read More
I was wondering…i’ve looked at private student loans that states their minimums and how much you have to pay each month, but i was wondering…how much do you pay for federal student loans from your fafsa? Anyone with experience/ knowledge … Read More
Because paying interest (or earning interest) is not in line with the teachings of Islam, Muslim student leaders have spoken out against paying interest on student loans: http://www.bbc.co.uk/news/education-11694028 Will the government do anything about this to help Muslims? Should they? … Read More
Hello, I have some student loans that i might have to default on and I was wondering if my parents will be effected any way if I do(they are cosigners). Thank you Chosen Answer: Yes! They will have to pay … Read More
I heard that if you actually write or call the company you have your student loans with and tell them that you are unable to ever pay them off, there is basically nothing they can do, and they cant come … Read More
I owe around 00 for student loans. If I start a bank account around that amount, can a collection agency take part, or all, of it? Chosen Answer: They can garnish your wages and they can take your income tax … Read More
What is the best company to consolidate my student loans Chosen Answer: If they’re Federal student loans the William D. Ford Direct loan program is probably the best. For private student loans, Sallie Mae would be one suggestion, or your … Read More
