July 2009
2 posts
End student-loan profiteering
AS TUITIONS skyrocket, more students are being priced out of a college education. Today, Pell Grants, which help finance the education of students from low-income families, can cover only 30 percent of tuition costs, down from 50 percent a generation ago. The federal government already provides some direct loans to students, granting $20.1 billion to students in 2008-2009. Yet, far more student...
Lifelines in the Student Loan Sea →
June 2009
6 posts
Student Loan Forgiveness Programs Going Bankrupt? →
alcaniglia:
Article looks at whether loan forgiveness programs will survive. It looks like the federal programs are secure, but some state programs have taken a hit.
If I ever pay off my student loans, I'm going to...
barelysarcasm:
Never had one of those. They sound neat.
Same here, same here….
Student loan activist says feds misuse term ‘grace... →
robot-heart:
O’Meara said grace period “implies” an interest-free/no payment term and meant that up until the early 1990s with regard to student loans. The government has since changed its policy and, as such, should change the name of the provision as well.
Average Student Loan Debt For New College... →
quickly:
My guess was way wrong… [spoiler!]
…then I remembered the scads of spoiled kids whose parents pay the college bills!!! I think if it were “average student loans for new grads who funded school solely on scholarships, savings, and loans” then the total would be a great deal higher!!! Let’s just say, I had my tuition covered through scholarships, borrowing only living expenses (which...
Student Loans May Bite Early
University students working in their summer holidays could be forced to make student loan repayments under a proposed change to the scheme.
The change would hurt those already scrimping to get through university, student representatives warn.
The move is one of a raft of Inland Revenue Department initiatives designed to simplify the management of loan repayments and expected to cost $30 million...
New law to help in paying back college loans
WASHINGTON (CNN) — As a graduate from Syracuse University with a master’s degree in international relations, Jana Morgan was hoping to help victims of human rights violations caused by resource wars. The tight job market, though, has made her put those dreams aside for now while she pays her bills — by waiting tables at The Barrack’s Inn in Sackets Harbor, New York. Morgan...
May 2009
2 posts
Recession Imperils Loan Forgiveness Programs
When a Kentucky agency cut back its program to forgive student loans for schoolteachers, Travis B. Gay knew he and his wife, Stephanie — both special-education teachers — were in trouble.
“We’d gotten married in June and bought a house, pretty much planned our whole life,” said Mr. Gay, 26. Together, they had about $100,000 in student loans that they expected the program to help them repay over...
WatchLink
Repaying Student Loans in Tough Times
April 2009
12 posts
How To Qualify For Student Loan Forgiveness
Here a link to the site FinAid.org that offers tips and advice on how to pare down those student loans, without having to offer a body part, or parts, to accomplish your goal of being debt free.
Too bad none of these apply to me. Please help my cause by supporting the sponsors to the right. THanks! -Patrick
In Grim Job Market, Student Loans Are a Costly...
Great story on the New York times. Click here to read.
Student Loans: Default Rates Are Soaring
From the WSJ.
Defaults on student loans are skyrocketing amid a weak job market for graduates and steadily rising tuition costs.
According to new numbers from the U.S. Department of Education, default rates for federally guaranteed student loans are expected to reach 6.9% for fiscal year 2007. That’s up from 4.6% two years earlier and would be the highest rate since 1998.
The situation is...
“Making education more affordable doesn’t mean making more student loans...”
– SamTyler’s comment on KSDK
Biden wants to make higher ed more affordable
Vice President Biden was in St. Louis today, and here is a story from KSDK.com (from the AP)
ST. LOUIS (AP) — Vice President Joe Biden pledged Friday to close gaps between family incomes and college costs to make higher education a reality for more young people. Biden told a town hall-style meeting in St. Louis that he’ll the Treasury Department to look into how to make family...
Progress
I am up to $13 in two weeks. please continue to help by clicking on the sponsers and passing this site on.
Thank you so much.
Patrick
Get a job, ditch your student loans [CNN] →
Great CNN article. Please click the links on the right to help me out, Thank You.
Help for loans is coming!!
Go to www.ibrinfo.com and sign up for more information.
In response
To: katieg1986@gmail.com; i do not have any credit card debt, just the crappy student loans. I also drive a 1999 Civic that I paid cash for so not auto loans either. thanks for looking and spread the word about this site.
Democrats take aim at White House on Student Loans →
Welcome!
Welcome to “My Student Loans” tumblr. I am running a social experiment to see if I can get people to click on ads to pay for my insane student loans. I have over $60,000 in unsubsidized loans and I am drowning. I have calculated that I will need 400,000 ad clicks to meet my goal. Once achieved I will create maintain the site as a student loan advice site.