Welcome to Student Loan Guide
Federal Student Loan Repayment Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Alternative Student Loans: Finding Another Source Of Money To Finance Your Studies
from:Not having enough money to finance for your studies should never be a reason for you to quit school. Getting a degree is very important if you want to land a high paying job in the future so you need to hang in there as long as you can. If you have exhausted all available government student loans being offered in your school, you should try to find alternative student loans to help you get through college. Note that there are many alternative student loans being offered in colleges and universities today and some of these alternative student loans are actually very affordable.
Finding The Right Alternative Student Loans
The best way for you to find source of alternative student loans is your school's student loans office. Go to your school's student loans office and talk to the student loans assistance officer about the possibility of getting alterative student loans. In most cases, the student loans assistance officer has a list of alternative student loans that you can choose from.
When talking to the student loans assistance officer, be sure to ask him or her about the advantages and disadvantages of the getting alternative student loans. You should pay close attention to the terms and conditions that these loans programs have to offer. Remember that you are already in deep financial trouble and you do not want to bury yourself in debts before you even graduate. Always remember that you need to pay up all your loans as soon as your graduate so make sure that you do not get loans that have very onerous terms and conditions.
Getting Alternative Student Loans
Most banks and financial institutions will give alternative student loans to those whom they think are trustworthy. If you have a good credit history, you will most likely get the student loans without much trouble. Students who have good credit history normally get the proceeds of their loans in just a few days from filing of his or her loans application. On the other hand, if your credit history is not really so good, getting alternative student loans may not be so easy. In most cases, the bank or the financial institution may require you to present a form of security. If you cannot present any collateral for the loan, you may be required to have a co-borrower. You co-borrows will serve as your guarantor and will help ensure that you will be able to pay the loans in full.
Federal Student Loan Repayment News
Romney's Higher Ed Platform - Inside Higher Ed
 Inside Higher Ed | Romney's Higher Ed Platform Inside Higher Ed WASHINGTON -- The presumptive presidential Republican nominee Mitt Romney pledged Wednesday that, if elected, he would reshape or do away with two major Obama administration higher education policy initiatives: the overhaul of the federal student loan ... Romney Pledges to Simplify Federal Student Aid and Revive Bank-Based Lending |
7 Ways to Prepare for Student Loan Repayment - U.S. News & World Report
 U.S. News & World Report | 7 Ways to Prepare for Student Loan Repayment U.S. News & World Report But the preparation and legwork isn't over—for student loan borrowers, leaving school also starts the countdown to repayment. For six months after graduation (or after leaving school or dropping below a half-time credit load), federal Stafford loan ... Five proposals to solve student loan crisis Student loan myths and facts Student loan price war: Banks vs. feds |
To Rein-in Student Loan Debt, Rein-in For-Profit Colleges - Huffington Post (blog)
 USA TODAY | To Rein-in Student Loan Debt, Rein-in For-Profit Colleges Huffington Post (blog) The US taxpayers -- not the schools -- are now on the hook for every dollar of US student loan debt that is not repaid. For-profit colleges have become like originators of subprime mortgages during the housing bubble. It is an age of 'subprime' student ... Five proposals to solve $1 trillion college loan crisis As Student Loan Default Rates Rise, Is the Law School Bubble Bursting? Increase In Loan Interest Rates Defers Black Students' Dreams |
Best-Kept Secrets Of Student Loan Borrowing - Huffington Post
Best-Kept Secrets Of Student Loan Borrowing Huffington Post "Income-Based Repayment (IBR) is available to all federal student loan borrowers, whether you're finishing school now, or you've been in repayment for years and are just hitting hard times," said Asher. For all fed student loans, IBR caps your payments ... Student Loans And How They Will Affect Your Credit |
Are We Facing a Student Loan Bubble? - The Bradenton Times
 The Bradenton Times | Are We Facing a Student Loan Bubble? The Bradenton Times Qualifying for student loans, whether federal or private, has almost nothing to do with your future ability to repay them. Ideally, at least from a finance perspective, there might be an underwriter who looks at everything from the prospective ... |