Interest Rate Primer: Understanding How Interest Rates Work on Your Student Loans

This narrated presentation will help you understand how the interest rates work on your student loans, along with information on capitalization and how capitalization works on the loans you are likely to be taking out as a dental student. The Primer includes helpful tips on how to reduce the impact of high interest rates and capitalization on repayment.

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From: American Dental Education Association

Related topics : interest rates loan / student loan rates

Congress inaction to double student loan rates

Congress faces July 1 deadline on doubling interest rate on subsidized student loans and if it doesn't act, interest rates on new federally subsidized student loans will increase from 3.4% to 6.8% on July 1. That means that low income students have no choice other than go to a college and do something themselves or to join Armed Forces and there is no bankruptcy protection for the loans, as Stef Gray, consumer advocate told RT.

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From: RT America

Related topics : subsidized loan interest rate / student loan rates / federal student loan / low rate loans

Will consolidating my student loan save me interest?

One of the most basic reasons people consolidate their federal student loans is to save interest. As you will in today's video, this may not be the case all the time.

http://www.studentloaninsider.org/?p=1620

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From: Student Loan Insider

Related topics : consolidation student loan / federal loan consolidation

Let Students Refinance Their Loans At Lower Interest Rates

The dream of a fair shot at an affordable college education has become a long shot for too many, U.S. Senator Dick Durbin (D-IL) said today during a press conference with Senator Elizabeth Warren and Senate Democratic Leadership. Durbin urged Congressional Republicans to back the Bank on Students Emergency Loan Refinancing Act, which would help 1.7 million Illinoisans, currently with outstanding student loan debt, refinance their loans at lower federal interest rates.

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From: SenatorDurbin

Related topics : interest student loan / bank loan interest rates / debt student loan / loan refinance rate / federal student loan

Michelle's Mailbox - Student Loan Interest Rates

For the first installment of Michelle's Mailbox, Rep. Lujan Grisham talks about the recent doubling of interest rates on federally subsidized Stafford student loans and discusses what Congress must do to help students.

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From: RepLujanGrisham

Related topics : subsidized loan interest rate / student loan rates

Loan Coians

The Federal Direct Student Loan is a low-cost loan based on demonstrated financial need. Unlike Grants and Scholarships, students will need to repay student loans.

Subsidized (you repay only the amount of the loan, while the government pays the interest it accrues while you're in school), and

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From: opun

Related topics : student loan repayment / federal student loan / subsidized loan amounts

How to view your federal student loans on the NSLDS (national student loan data system)

NEED HELP? Click Here For Assistance With Your Student Loans

http://usstudentloancenter.org/lower-your-student-loans-today/

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In this short video, Tyler Cornett walks you through the process of checking your student loans in the NSLDS. Many people don't realize how long interest has been accruing, and their loan servicer does not provide a single, easy-to-read statement with all of their loans. You can easily log...

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From: US Student Loan Center

Related topics : national loan student data system

Sen. Warren unveils plan to lower student loan interest rates

American college students are saddled with ever increasing amounts of debt by the time they graduate from college. More than two-thirds of undergraduates have some sort of student debt, which the Consumer Financial Protection Bureau says totals over $1.2 trillion, the highest form of debt other than mortgages. Sen. Elizabeth Warren (D-Mass.) hopes to pass a bill through Congress that would alleviate some of that debt. On Thursday in Washington, DC, she unveiled her plan to lower interest rates...

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From: RT America

Related topics : mortgage student loan debt / student loan rates / student loan education

Interest Rates Could Double Next Month on Subsidized Student Loans - Erika Lathon

If congress can't reach an agreement by July first interest rates for some student loan rats could double from 3.4% to 6.8%. The hike would only affect federally subsidized student loans which are issued based on economic need. Students say the cost of paying for college adds up quickly and increasing interest rates will only hurt those who are already struggling. Tennessee Senator Lamar Alexander is among lawmakers pushing for a permanent solution that will reduce student loan rates.

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From: WZTV FOX 17

Related topics : subsidized loan interest rate / student loan rates / student college loan

Courtney: Keep student loan interest rates from doubling

Congressman Joe Courtney introduced legislation, H.R. 3826, to ensure that interest rates on certain student loans do not dramatically increase this year.

In 2007, Congress made an historic investment in higher education when it passed the College Cost Reduction and Access Act. The legislation includes a provision that reduced the fixed rate on Stafford student loans for undergraduate students. The College Cost Reduction and Access Act lowered subsidized Stafford student loan rates from 6.8...

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From: Joe Courtney

Related topics : student loan rates / subsidized loan interest rate / student loan education