From the Mail Bag: Student Loans

From his office in Washington, Congressman Hultgren responds to e-mails from two constituents concerned about subsidies for student loan interest rates. The current 3.4% subsidized Stafford Loan interest rate is set to expire on July 1, 2012, but the House of Representatives has passed a solution.

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From: RepHultgren

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

What is the difference between a Subsidized and an Unsubsidized Loan?

Both Direct Subsidized and Direct Unsubsidized student loans are low-interest loans from the federal government to help students cover the cost of college. The major difference between the two types of loans is that the Direct Subsidized loan is based on financial need and you do not have to pay the interest on it while you are in school. With an Unsubsidized loan your interest will begin to accrue immediately upon disbursement. You have the option of making interest payments while you are in...

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From: Bowling Green State University - BGSU

Related topics : direct loan subsidized / direct student loan / student college loan

Student Loan Interest Rates

Kathleen Chambers, Director of Financial Aid, discusses the upcoming hike on student loan rates.

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From: Western New England University

Related topics : student loan rates

What's The Difference Between Credit Card Debt And Student Loan Debt? - Credit Card Insider

Learn more about student credit cards and student loans here: https://www.creditcardinsider.com/credit-cards/student/

Student loans are very different from credit card debt. Interest rates, your requirements to pay, and the affect on your credit will all differ between these two types of debt. Credit cards allow you to carry a balance from month to month, giving this the name of revolving debt; student loan debt, on the other hand, is called installment debt.

Every week, John Ulzheimer...

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From: Credit Card Insider

Related topics : student loan debt credit card / student loan rates

Stop Paying Your Student Loans CEPersVid-53

Millions of students are needlessly paying their student loans which are "under water" -- i.e., where the amount owed is greater than the value of the higher education purchased with the loans. Borrowers can't earn enough to pay their student loans and pay for their reasonable living expenses. The borrowers should do what homeowners do when their mortgages are under water -- which is to stop paying their loans, get into a court setting, and negotiate for a reduced loan (in principal amount as...

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From: carlpers2

Related topics : loan pay student / bank student loan

Papantonio: The Student Loan Scam Industry

With college tuition rates soaring, and student loan interest rates set to rise in the coming months, the burden of student loan debt is becoming a serious problem for college graduates. To make matters worse, the lending industry is filled with more scammers and predators than we can count. Recently, lawsuits were filed against several lending institutions that have been accused of fraud for their student loan lending practices, and Mike Papantonio discusses these suits with attorney Jim...

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From: The Ring of Fire

Related topics : student loan rates

Interest Capitalization in Student Loans

http://bit.ly/O6PRjl Has your student loan balance jumped up significantly? Are you wondering what happened? Well, this is probably because of something called interest capitalization. This is where accumulated interest is added to the principal of a loan, often increasing it significantly. Why did this happen? Find out!

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From: Richardson Law Offices

Related topics : interest student loan

Direct Student Loan Program

The William D. Ford Federal Direct Loan Program provides law interest loans for students and parents to help pay for the cost of a student's education after high school.

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From: Best Insuranc Policy

Related topics : student loan program / direct student loan / direct loan federal / student loan education / get student loan

Congresswoman Laura Richardson Statement Opposing Increasing Interest Rates on Federal Student Loans

Congresswoman Richardson's floor statement urging House leaders to allow vote on legislation that will prevent interest rates on federally insured student loans from doubling in July 2012.

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From: RepLRichardson

Related topics : federal student loan

Student Loan Rates

Sen. Bernie Sanders discusses the July 1 doubling of federal student loan interest rates on The Ed Show.

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From: Bernie Sanders

Related topics : student loan rates