We can’t say this enough: Federal loans have far better interest rates and repayment terms than private loans. You should always exhaust these before turning to private loans. So why do so many people take out private loans? Well, federal loan amounts...
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Friday Mar 13, 2009
Can't pay back your private student loans? Here are some strategies for dealing with private student loan repayment when you can't pay.
Monday Apr 20, 2009
It is very difficult to get student loans discharged in bankruptcy. The only exception occurs when a borrower can file an undue hardship petition, which generally follows the standard of the three-part Brunner Test.
Tuesday Jul 21, 2009
The federal student loan program you enter is often not your choice, but you can get smart about the ins and outs of your loan and learn more about other options.
Unless you’re a math whiz or basketball star who nets a full ride, chances are you’ll need to take out student loans to pay for school.
Monday May 11, 2009
For a growing number of students, particularly adult learners, distance learning is a convenient way to pursue higher education.
Friday May 1, 2009
Consolidation loans can offer a bit of repayment relief and simplify repayment of your education loans. But they can also increase your costs and come with other pitfalls.
Monday Apr 13, 2009
Up to $2,500 a year in student loan interest is deductible as an above-the-line exclusion from income. You can take this deduction even if you do not itemize. Capitalized interest and origination fees are included.
Questions to ask lenders and school officials about student loans.
Tuesday May 13, 2008
We can’t say this enough: Federal loans have far better interest rates and repayment terms than private loans. You should always exhaust these before turning to private loans. So why do so many people take out private loans? Well, federal loan amounts...
advice on getting the best deal on student loans
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
