Financial aid for college students, that is. With more and more parents finding it difficult to be able to fund little Johnny’s exponentially-growing education bill, the students themselves seem to be taking matters into their own hands.
According to a recent survey by private lender (and the nation’s largest provider of student loans) Sallie Mae, college [...]
Entries Tagged as 'Sallie Mae'
Are Credit Cards the New Financial Aid?
April 21st, 2009 · No Comments · Consumer Debt, Consumer Info, Credit Cards, Student Loans
Tags: college debt·Credit Cards·financial aid·financing education·Sallie Mae·Student Loans
Deferred Private Student Loan Payments Becomes Thing of the Past
March 24th, 2009 · No Comments · Banking, Student Loans
Sallie Mae announced plans to revamp its private loan structure on March 23, 2009. No longer will students be able to avoid payments on private loans until after graduation – Sallie Mae wants them to pay a portion of the interest while in school. Sallie Mae says this will save students money in [...]
Tags: interest payments·repayment terms·Sallie Mae·Student Loans
Student Loan Default Rate is On the Rise
November 26th, 2008 · 19 Comments · Consumer Debt, Student Loans
In these times along with mortgages and credit cards, many people are not able to afford student loan payments. SLM Corp., or Sallie Mae, the largest private student lender, reported a delinquency rate of 9.4% in September, up from 8.5% a year earlier. “It’s clearly because of economic conditions,” says spokesman Tom Joyce. “The [...]
Tags: Default·Department of Education·Public Servant Loan Forgiveness Program·Sallie Mae·Student Loans
MyFico.com issuing discount 30% to ScoreWatch Customers over Sallie Mae Debacle
May 21st, 2008 · No Comments · Credit Reports
Just received this email today from MyFico.com concerning the huge drop in consumer scores over the Sallie Mae glitch. Generous of them to extend this offer for so long…
Dear Valued Customer,
You may have received a recent Score Watch alert noting a large drop to your FICO® score due to a balance increase on your Sallie [...]
Tags: Credit Reports·Credit Scores·Discount Fees·myFICO·Sallie Mae·Scorewatch
