RIT on TV: Student Loan Concerns

13WHAM-TV reports on a visit to Rochester Institute of Technology by Sen. Charles Schumer, who is backing legislation that would prevent a rate increase for federally subsidized Stafford Student Loans for college students.

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From: Rochester Institute of Technology

Related topics : student college loan

How to Consolidate Federal Student Loans

Link : http://direct-student-loans-consolidation.blogspot.com

This process allows the borrower to mix all his federal student loans into one, possibly producing a lower monthly payment, extension of the repayment time period, and/or a lower interest rate.

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From: Mallu Joy

Related topics : consolidation student loan

Easy To Afford Fast Approval Auto Loans For Students With No Credit

Are You a Student? Looking for Car Loans With No Credit? Visit: http://www.carloanfornocredit.com/car-loans-for-no-credit-students.php

Carloanfornocredit specializes in helping college students to get quick approval for easily affordable auto loans for students with no credit online regardless of the status of their no credit rating and income levels. @ https://www.carloanfornocredit.com/apply-now.php

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From: Devon Garcia

Related topics : get a car loan with no credit / auto credit loan / loan fast approval

Congress doubles student loan interest rates

Due to Congress's failure to vote on whether or not to keep interest rates on student loans at 3.4 percent, on Monday that number doubled to 6.8 percent. Lawmakers had more than a year to decide on whether to alleviate the financial burden on college students. This increase will affect approximately 7 million students but not those who already have loans. Robert Applebaum, executive director with StudentDebtCrisis.org, breaks down the numbers.

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From: RT America

Related topics : student loan rates

Khyaati Acharya talks about Decade of Debt: The Cost of Interest-free Student Loans

The interest-free student loan scheme is simply not fit for purpose. This report finds that there is no compelling public policy case for universal subsidised student loans. The scheme has, to date, resulted in almost $6 billion taxpayers’ dollars being written off. Interest-free student loans are costly and ill-targeted. It is a policy that has had no major impact on tertiary participation rates, nor has it led to any conceivable improvement in tertiary equity.

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From: NZ Initiative

Related topics : interest student loan nz / student loan rates

Is It Worth Paying Student Loans As A Student?

Americans’ biggest financial regret is not student loan debt. It’s actually that they didn’t start saving for retirement early enough. So this is the opportunity for you to open up a Roth IRA. Start to get that funded. Also, if you have a workplace retirement savings program available, take advantage of that to maximize any employer match.

If you have additional cash, make sure you’re putting some money aside for your emergency savings. Not that you’re necessarily going to need that...

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From: Bankrate

Related topics : loan pay student / debt student loan / student loan rates / get student loan

Obama: Americans owe more on student loans than credit card debt

Pres. Barack Obama speaks on the student loan interest rate increase bill. For more CNN videos, visit our site at http://www.cnn.com/video/

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From: CNN

Related topics : student loan debt credit card

What to do if you are having trouble repaying your student loan with Arati Sharma and Rob Carrick

Arati Sharma, National Director of the Canadian Alliance of Student Associations, with Rob Carrick from the Globe and Mail discuss what to do if you are having trouble repaying your student loan.

* Where can you get help with repaying your student loan?

* What happens if you miss a loan payment?

* What is the difference between the terms delinquent and default?

* How can not making payments to your student loan affect your future credit rating and or employment?

The Investor...

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From: GetSmarterAboutMoney

Related topics : national student loan repayment / get student loans out of default / student loan credit / student loan education

Student Loan Repayment Calculator

Student Loan Repayment Calculator

Should the borrower become bankrupt, unsecured creditors will usually realise a smaller proportion of their claims than secured creditors. As a consequence, secured loans will generally attract a lower rate of interest.A bank loan is obtained from a bank and may be either secured or unsecured.

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From: Entertainment & Sports Law

Related topics : student loan repayment / bank loan interest rates / interest student loan calculator / calculating loan repayments

Courtney applauds the bipartisan compromise preventing student loan rate hike

On Friday, June 29, 2012, Congressman Courtney spoke on the floor of the House of Representatives after the House passed legislation to prevent the interest rate on subsidized Stafford student loans from doubling on July 1. Courtney introduced legislation on January 25 to permanently lock in the low rate, and worked with a number of groups - including PIRG, USSA, Campus Progress, Young Invincibles, Credo Action, and Rebuild the Dream - for months to prevent the rate from doubling.

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From: Joe Courtney

Related topics : subsidized loan interest rate / student loan rates