Where Borrowers Find Loan Approvals
The Financial Aid Podcast is hosting a select group of financial help, media and industry leaders to participate in a live podcast addressing the recent news regarding the credit crunch and student installment loans. Learn how you, as a student, parent, or family member can pay for college in 2008. Student questions such as the…
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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 has been…
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Today (Nov 2007) the House Education and Labor Committee is scheduled to consider legislation that would dramatically increase student aid by increasing Pell Grants and loan limits, cutting student loan interest rates, providing income-contingent student loan repayment, and offering new loan forgiveness programs. The College Cost Reduction Act would increase federal spending on student aid…
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For many students graduating college, the biggest challenge they face is when and how to begin paying back their college loans. About two-thirds of students borrow money to pay for college, so this is no small issue. In 2007, the median debt of students who graduate from four-year private colleges is about $20,000, and it…
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