We’ve all heard of both federal and private student loans, but what is the difference, and how does the difference affect your ability to pay off the loans quickly? First, we’ll look at federal student loans.
Federal Student loans are a great starting point to fund a college career – with interest rates relatively low (under 10%, with some as low as 5%), they are a comparatively inexpensive source of money. There are 5 different types of federal student loans: Federal Perkins Loans, FFEL Stafford Loans, Direct Stafford Loans, FFEL PLUS Loans, and Direct PLUS loans. As a student or… Read the rest
Welcome to Student Loan Debt Help .net! This year, tens of thousands of students will graduate high school, and a huge number of them will be staring down their student loans. Many finish college with outrageous amounts of debt – enough to overwhelm nearly anyone.
I have a fair amount of student loan debt myself – and I want to be rid of it. What are my options? Who can help me? How? Most students never learn these things, and as a result, struggle endlessly with their debt payments. I’m putting this blog together as a resource of practical… Read the rest
My name is Peter. I’m 22 years old, I don’t have a lot of money, and I have a wife who just graduated from college. This is great - I’m excited for her achievement, as well as her new, increased earning power. In spite of all that, we’re a little worried – we now have to face a problem that a huge number of young people have to face: Student Loans.
The cost of education is ever increasing. According to the National Center for Education Statistics, just over 35% of all undergraduate students received student loans for… Read the rest
Understanding Your Loans | admin, 20 Jun 07 | 
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