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The Congressional Budget Office has issued its estimate of the cost to the federal government of H.R. 4137, the College Opportunity and Affordability Act of 2007, as approved by the House Education and Labor Committee on November 15. This bill represents the House version of Higher Education Act reauthorizing. Read more on this loan…

As we all know debt is a liability or obligation to pay or render something.Unfortunately many of us find ourselves biting off more than we can chew in this regard.In fact, some friends told me recently they are so far in debt with their student installment loans they have just stopped paying them all Read more on this loan…

Ever since I was a teenager my father, Stephen E. Bonvie, spoke these eloquent words, “The power of disciple the rewards of time. ”He spoke these words in context of saving money. Of course I was caught in the age old conundrum of having the knowledge and game plan at age 15, but not having the means Read more on this loan…

This morning, I chatted with a young woman who needed to have her FAFSA completed ASAP. She was told by financial aid that she could qualify for Stafford loan but needs this once piece of the puzzle completed in order for her to obtain any sort of financial aid. She called me because she needed advice Read more on this loan…

It’s been awhile since I’ve posted to this blog mainly because it has been very busy at the Student Loan Network. We get requests for help in lots of ways but mostly by phone. June, July and August our call volume spikes from students, parents, schools, lenders, or other industry partners. Loan consolidation Read more on this loan…