Loan References Information » education

I owe my school and my student loan lender?

beloed2bill — Mon, 26 Jul 2010 08:44:59 +0000

I received an email from my school said that if I pay not the full amount that I have “due supposedly they will I receive my diploma, I received financial aid and student loans, what I am doing my students owe loan lenders ? I am a little confused, I want to make sure, before he and more confused by my school.

Now you can still pay your school and your lender. Simply contact your school and ask for an explanation of the charges. I am sure they will tell you what. It could only be fined or be slightly smaller.

Then my parents or I pay for a private loan and not a student loan for my studies?

beloed2bill — Mon, 26 Jul 2010 08:44:31 +0000

Would this qualify?

no doubt, but I do not know why you would like. Student loans are great. Low interest rates, you do not pay until you are out of school, etc..

Are health and student loan reform into the same account?

beloed2bill — Mon, 26 Jul 2010 08:43:50 +0000

I know it was adopted in March, they are all in a bill or two separate reports?

Health and Education Reconciliation Act (HR 4872) is part of patient safety and affordable care Act (HR 3590)

Federal Employment Agency to benefit “student loan repayment?

beloed2bill — Mon, 26 Jul 2010 08:43:07 +0000

If hired as an employee of the federal government, the federal government will help me pay my student loan pre-existing?

Say, I had student loans $ 30,000 to the university, I would then end in December this year if I can find a federal job, federal government will help me pay off my student loans?

Only a few positions as teachers or doctors in underserved areas. Otherwise you can on your own and if you do not pay, the government has started the right (and) to your salary, without going to court (it is in your employment contract attached).

Need Financial Advice For My College Education!?

admin — Sat, 19 Jun 2010 05:32:38 +0000

I want to get married in February 26 2011. In order to attend fall semester at Western IL University www.wiu.edu (if you want more info), the deadline is Feb. 1st….and the course only starts in the fall only. If I don’t go 2011, I have to wait until 2012. I am 25 years old and would like to get my master’s around my 30th birthday, and I will be 26 if I attend when I want to attend.
I would have to drive an hour and a half to and from if I want to still live here. The town this college is in is a really small town with hardly any businesses and the closest city is an hour and a half a way so I’m thinking I will just stay up here and work parttime and drive down there and attend school fulltime.
Here’s the issue….My fiance and I both have car loans…that are not to be paid off…mine until 2013…his until 2014 or 2015. Combined income is 50,000 a year…we both currently work full time.
Rent is 525 a month including water and garbage.
Utilities usually 50-100 dollars a month.
Cable (including internet and DVR) is 140 something a month (I’m willing to cut on that)
We still have to pay for our wedding, and then we also want to honeymoon to Hawaii next summer.
How can we afford this? How can I afford rent in the apartment while going to school? I’m highly interested in the Stafford loan.
Thank you for your help!

What is Mccain and Obama’s plan for Education, regarding student loans etc?. Still CONFUSED on who to vote 4. ?

admin — Mon, 12 Apr 2010 18:43:26 +0000

Now, I’ve looked up info for various issues …

and they each have pros and cons.

I’m a moderate, and I’m still pondering on who I should vote for..
one of the important issues TO ME is my education, I’d like to know if anyone who insight on who stands where regarding college loans and stuff, thanks.

Please give sources etc.

I need some recommendations of places where one can get a loan for debt consolidation and education?

admin — Sun, 04 Apr 2010 08:21:57 +0000

With bad credit and being unemployed I need a loan to pay off a small amount of debt and a tuition for a 6 month education course so I can put myself in a better employment situation. Where could I find such a bank or company that would help me. I’m not eligable for government help, I earned too much money last year. Please, any and all advice would be greatly appreciated.

Are education loans effected by our economy problems as well as home loans and car loans?

admin — Sun, 31 Jan 2010 11:57:51 +0000

I go to school online and I use education loans to pay for my education for the most part. Reporters talk about home forclosures due to loans and vehicle reposessions all the time, but I do not hear anything about education loans. Are education loans also affected by our slowing economy? I am worried if when I graduate, will I be able to afford the loans I took out for my education.

Are Signature loans for Education tax deductible?

admin — Fri, 01 Jan 2010 13:31:46 +0000

I have a Signature loan through Sallie Mae to pay education costs to a school outside the U.S. that doesn’t qualify for US Department of Education loans.

Can I write off education expenses at all for this for last year. Also, when I actually start paying the loan, is the interest tax deductible?

Student Loans – I have money in the stock market but some student loans – should I pay off my student loans now?

beloed2bill — Mon, 21 Dec 2009 08:35:20 +0000

Student Loans – I have money in the stock market but some student loans – should I pay off my student loans now?

Question about I have money in the stock market but some student loans – should I pay off my student loans now :
I have roughly 5,000$ in the stock market and have around $7,000 in student loans at 8.9%, I am still a student and the loans are deferred until May of 2011. Should I take the money out of the market and pay off my student loans, leave it in stocks, or move the money into a roth IRA.

Answer about I have money in the stock market but some student loans - should I pay off my student loans now :
The deferral date is irrelevant. And thinking in terms of offsetting your 8.9% interest rate makes limited sense.

What you’re doing is treating $7,000 you don’t own as though it’s your own collateral to finance a high risk stock market capitalization. That is very uncool and unsmart.

You’re trading $7K sure debt for money in a very high risk environment.

Try it this way as I’m really hoping to show you a few views so you can make the best choice for yourself:

You have about two thirds of your ed debt in ready cash that could pay off most of the outstanding loan. You are not only risking immediate payback of much of it in the shaky stock market, you could lose your cushion yet still owe the $7K.

That’s a zero sum game—unless you can guarantee risk-free earnings in excess of the 8.9% interest.

I do this for a living and notwithstanding, I’ve been liquidating market investments because I see a market swoon in mid-January and continuing well past Feb. Not meant as a boast but I’ve been right in calling corrections a number of times. I usually underestimate the severity of the correction. This time I’m not taking chances and have reduced margin (borrowed $) exposure over th past year from $230K down to $13K and still reducing nearly daily.

It’s a good idea to be very conservative when things are so unsettled. And they are!

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