What Is Student Loan Consolidation?

Posted on January 5, 2009
Filed Under Debt Consolidation, Student Loans Repayment | Leave a Comment

When we talk about college graduation, several promising life changes occur in our minds – potential careers, independence as well as new beginnings.   However, although it means beginning of something, it still signifies something less enjoyable too – the repayment of student loans.

As you all know, the repayment of ample student loans can be off-putting for both students and their parents.   It was found out by the Public Interest Research Group in the US that the average debt among student borrowers is currently in excess of Read more

Collection Procedures Resulting From Student Loan Defaults

Posted on January 4, 2009
Filed Under Defaulted Student Loans | Leave a Comment

Most of the guaranty agencies’ stringent collection procedures have successfully deterred student loan neglect.  One of the supports for this claim is the steady decrease and current all-time low of student loan default rates.  However, although the collections department is highly committed to assisting those who are in default and making repayment as simple as possible, the non-response in the borrowers’ side still opens up to one or more of the following collection approaches: Read more

Considerations When Investing In Your Education

Posted on January 3, 2009
Filed Under Student Loans | Leave a Comment

Most people may think that the term “investing” has to deal with spending a little money on something in the hopes that it will increase in value in the future.  Investing in your education, however, is much more involved.  Yes, you are spending money now in the hopes you will make a lot more money in the future.  Yes, the risks and rewards of investing in your education are similar as well, depending on the amount and quality of your “homework”.

Other than a house or a car, one of the largest high ticket expenditures you can make in your life is continuing your education after high school.  Investing in your education means to Read more

Repayment Of Your Student Loans - An Introduction

Posted on January 2, 2009
Filed Under Student Loans, Student Loans Repayment | Leave a Comment

If you have never taken out a loan before, consider yourself lucky.  I don’t mean, just student loans, but rather - any type of loan.  I also don’t mean to imply that loaning money is bad for you.  It’s just that many people have a difficult time keeping control of their debt.  Being in debt is always a burden.  How much of a burden depends on not only how you handle your debt but also on what you use it for.

If leveraged correctly, a loan can reward you many times over, above and beyond the amount of money you owe.  This can Read more

Student Loans: An Introduction For Borrowing Students

Posted on December 30, 2008
Filed Under Student Loans | Leave a Comment

Believe it or not, at one time a student did not need to take out much of a loan to get an education. It cost less than $2000 to get a college or university education. As many students now know the unbelievable rise in educational costs are giving them fewer and fewer options. It used to be no problem for aspiring students to get a loan from their parents.

Many times the student wouldn’t even need to Read more

FAQ’s to Ask Before You Borrow For Your Student Education

Posted on January 1, 2008
Filed Under Student Loans | Leave a Comment


Financing an education for any student will be one of the most important decisions he or she will ever make.  Before deciding to borrow money for your student education, you need to find good answers to some very important questions.

Before asking these questions, it is important to note that there is no, one, correct answer.  Every answer will differ depending on the circumstances or needs, of each and every student.  Having said this, we will also try to Read more

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