Category Archives: Student Loans

I want to go back to college but have defaulted on student loans. What should I do?

I have an AA degree and another year of college. Because of life circumstances I had to drop out before I wanted to and I also defaulted on my student loans. I want to go back and get a degree … Continue reading

Posted in Student Loans | Tagged , , , , , , | 3 Comments

How much does financial aid and student loans usually pay for college?.?

I live in Maryland and would like to attend college in south carolina but the tuition would be 20,000 a year plus 7,000 for room and board, my mom is a single mother…we probably cannot afford that. How much could … Continue reading

Posted in Student Loans | Tagged , , , , , | 3 Comments

What is this I hear about the Obama administration picking up the tab on government student loans?

I was watching the news and I heard a blip about the Obama administration picking up the tab for students with federal direct student loans and I was wondering if this is true or is this hearsay?

Posted in Student Loans | Tagged , , , , , , , , | 2 Comments

Should I get a house, pay off credit debt or pay off private student loans?

I have about 30k in cash laying about in a low interest account (3%). I could use this to pay off my credit card debt of about 5k or pay down my student loans (40k – private@8%). Additionally, since prices … Continue reading

Posted in Student Loans | Tagged , , , , , , | 4 Comments

Liklihood of chapter 7 bankruptcy for students with private student loans?

I’m not asking for your opinion on wether or not private student loans should be allowed to be written off in chapter 7 bankruptcy. I’m asking what is the liklihood that it will be an amendment anytime soon? I’m curious … Continue reading

Posted in Student Loans | Tagged , , , , , , | 2 Comments

Can i take money out of my 401k for student loans?

Hello i have a 401k i have had for 6 months and i need to take the money out to pay for student loans that have become delinquent. Is that a valid excuse to get the money? I know you … Continue reading

Posted in Student Loans | Tagged , , , , | 3 Comments

Would forgiving Student loans be a good stimulus?

How would one go about presenting a bill to forgive Student loans? This would put money in the hands of the consumer which would in return spend. All the money goes to business and its executives. We were not cause … Continue reading

Posted in Student Loans | Tagged , , , , , | 2 Comments

Do I have to pay back financial aid or student loans?

I have like enrolled into a school a week ago (sullivan and cogliano) which is like a training and job placement program but I never went because I am no longer interested in the program, so I would like to … Continue reading

Posted in Student Loans | Tagged , , , | 2 Comments

Do I have to claim student loans that I am not yet paying back?

I have student loans that I use for tuition, book, school supplies, housing, and everything else it takes to live. Is there a place I have to claim these loans? Even though I am using mostly loan money to pay … Continue reading

Posted in Student Loans | Tagged , , , , | 2 Comments

How do student loans work?

I already accepted my colleges offer of admission. I know that my college and fafsa, and banks and stuff offer student loans, but how do they work exactly. How do i get them and how do the payments work?

Posted in Student Loans | Tagged , , | 3 Comments