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Entries Tagged as 'Student Loans'

Students – Have You Tried Pell Grants? It’s Free Money!

June 26th, 2009 · 5 Comments · Student Loans

The common complaint these days is that no banks are lending money, not even for student loans. If you were unable to get loans for your education, or even if you were able to get loans, have you investigated all the government grants available for college students? You might be missing out on [...]

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Are Credit Cards the New Financial Aid?

April 21st, 2009 · No Comments · Consumer Debt, Consumer Info, Credit Cards, Student Loans

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 [...]

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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 [...]

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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 [...]

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