Day after day, politicians and regular citizens look for the next big economic threat. We had the crash of the Internet bubble, Enron trading debacle, and of course the mortgage crisis. So whats next? Experts are saying the next big crisis is coming in the form of student loan debt. The amount of outstanding student…
Education/Student Loans
To Loan Or Not To Loan
It is often debated whether student loans are beneficial or a burden to students. Whereas some people acknowledge the short term advantages of loans, others despise the overload of debt that they are left with. However, before a student gets involved in this debate, he should learn the basic pros and cons of student loans.…
How To Avoid Student Loans In College
Despite the harsh economy, colleges around the nation are constantly increasing tuition. In response to that, many students are turning to student loans to pay for their education. However, paying off these loans can become a student’s worst nightmare. The student graduates from college with a big stack of bills and loans to pay off.…
Five Things You Did Not Know About 2012 Student Loans
It’s almost the start of a new year and one thing that’s on minds of young college students is student loans. Students are concerned and curious about what changes will be made to their loans for the New Year. Well, not to worry our future professionals here are some facts to know for 2012 student…
Useful Tips To Payoff Student Loans For Newly Grads
Graduation is a great achievement and an amazing feeling. However it can also can be a dissappointment because it’s time to payoff your student loans. It is a great feeling because college is finally finished and you have a degree in your hand! But then it can also haunt you as well if you are…
Five things you should know about student loans
Many college graduates leave school with advanced knowledge of their major and very little information about college loans. With the economy in recession and employers refusing to hire new employees, it is important for graduating students to understand their college loan obligation. Here are five quick tips for recent college graduates on how to save…
Student loans balloon 511% in 12 years
Student loans are growing at astronomical rates and experts warn the rate of growth may be unsustainable. Experts have started calling it the ‘education bubble’ and warn that unless colleges take steps to control cost, future U.S. economic growth may be adversely affected by the loan crisis. In the past decade, cumulative growth in student…
Student loan repayment options for new graduates
As recent college graduates grapple with massive student loans, poor economic and employment conditions, it is time to start thinking about the best ways to manage the student loans. Most graduates who took out loans while in college owe tens of thousands of dollars and are worried that they may never pay it off.…
Debt deal increases Pell grants for undergraduate students, lowers graduate student loans
Undergraduate students who need Pell grants to help pay for college education received a boost this week when President Barack Obama signed the Budget Control Act of 2011 into law. The new compromise agreed to by the president and congressional leaders would increase the funds available to Pell grants, which offer financial aid to help…
Five ways to attend college without college loan
Attending college is expensive and you know that. Today, the typical college education will cost you anywhere from $10,000 to well over $40,000 depending on a number of factors including whether you attend community college, public or private university. Your cost is also affected by whether you attend school from home or live on campus.…
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