Where Can I Get A Student Loan?
Q: “I need to borrow more than $100,000 for a four‑year degree; where can I get a student loan?” A reader of AskTheMoneyCoach.com recently wanted some financial advice regarding her son, who will be attending a university in the fall. He’s going to need to get a loan for at least $110,000 for his degree. […]
How Can I Get a Lower Interest Rate on my Husband’s Student Loans?
Q: “I’m going crazy trying to pay my husband’s student loans off. He got three loans in the 1980s at eight percent. He has done several deferments and has acquired thousands in interest. I was behind several times, but I have everything current now. I consolidated the three loans and want to get a lower […]
5 Facts You Don’t Know About Student Loans But Should
In the current economic environment, one impact of the credit crunch is that it’s getting harder than ever to obtain loans of all kinds, including student loans. Unfortunately, millions of Americans rely on loans to pay for a college education. That’s why roughly $730 billion in federal and private student loans are outstanding, and only 40 percent of it is currently being repaid, according to FinAid.org, which tracks student loans.
Ran Out of Financial Aid? Smart Ways to Stay in School Without More Debt
If you ran out of financial aid but still need to finish your degree, you’re not alone—and you’re certainly not out of options. Many students encounter financial gaps and assume private loans are their only path forward. But the truth is, you can stay in school without adding to your debt burden. As the author […]