It seems like every college in America is starting to raise tuition rates. Have you faced these rate changes at your school? Obviously this causes trouble because it means more and more people might think college tuition is out of their price range. For o
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In 2011, the average student loan debt for all borrowers was $23,300. Ten percent owe more than $54,000 dollars, and three percent owe more than $100,000 dollars. That amounts to more than one million people owing six figures for their education.
Continue reading >>Acquire a position at a public school. The Perkins Loan cancellation program provides cancellation for teachers who teach handicapped children in low-income communities, and in subjects for which the state Department of Education has deemed a critical sho
Continue reading >>Loan consolidation is an option available for individuals desiring to lower student loan interest rates. This process involves a consolidation lender negotiating a pay off agreement with your present lender and transferring your debt to the new consolidat
Continue reading >>After you have not paid your student loan for 270 days when your loan is due in monthly installments, or 330 days when the loan is repayable in less frequent installments, you could be in danger of defaulting on your loans. Defaulting is when you do not p
Continue reading >>Although receiving a college education is beneficial before entering the job market, many individuals take out student loans to pay for that education must be paid off for years after graduation.
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