One of the best videos I have come across on the subject of government student loans.

Visit governmentgrantfoundation.com for more information about Government Student Grants
Video Rating: 0 / 5

Technorati Tags: government, Grants, Loans, student

Question by Pattern: Can I get a private student loans if I apply for a low amount?
I might need some money for expenses. Last month I applied for a few private loans in the amounts of ~$ 20’000.00, but all of them denied me due to my cosigner with bad credit. What if I apply for much lower loans such as: $ 1’000.00 or $ 2’000.00? Would I likely to get the loan?

My chosen answer:

Answer by Common Sense
No one is going to all the paperwork for a loan that small, and with bad credit your cosigner is worthless.

Whether you agree or disagree, why not leave your own thoughts below.

Technorati Tags: amount, apply, Loans, private, student

by Chris Devers

A question asked by .____.: Will my federal student loans cover the cost of a single dorm?
I know the student loans cover living expenses, but I’m not sure if they’ll cover the bare minimum or the extra money it costs to upgrade to a single dorm as opposed to a double [which has a roommate].
Just to throw this out there for future reference, private loans aren’t really an option as most require a cosigner and I don’t have anyone to cosign.

Thanks for all the help!

Top answer:

Answer by Allison
yup. Federal student loans (the ones you get from filling out the FAFSA) will depend on how much your family can afford to spend on college (as the government determines). In many cases, you’ll only be responsible for paying what they determine you can pay, but this can depend on the school.

You can get unsubsidized federal loans (you have to pay interest while in school) or private loans, however, to cover any school-related expenses, and that would definitely cover a single.

Do you know better? Why not leave your own answer in the comments below!

Technorati Tags: cost, cover, Dorm, federal, Loans, single, student

Of the huge number of videos available about federal student loans here is one which I particularly liked.

Details here studentloans-withoutcosigner.com you can find all site about loan information here http and loan consolidation here prayover.net

Technorati Tags: Garnishment, loan, Stop, student

by Ron Sombilon Gallery

A question asked by Megan M: Is prime interest rate or Laibor interest rate better when colsolidating private student loans?
I am consolidating my private student loans and some places have prime interest rate and others have Laibor inerest rate. Which is a better choice?

Most comprehensive answer:

Answer by Joe R
Depends what the rate is. I would look beyond the rate. what is the lender offering as incentives: how many on time payments before the rate is reduced, how much is the rate reduced if i get the payment automatically deducted out of my account, etc. Look at the incentives before you look at which rate is better. LBIOR is typically lower, but with the Fed cutting rates again, it may not be.

Agree or disagree? Leave your own thoughts below.

Technorati Tags: better, colsolidating, interest, Laibor, Loans, prime, private, rate, student

by Leader Nancy Pelosi

Question posed by yvette123: What is the difference between Private Student Loans and Federal Student Loans?
I don’t know anything about student loans and need to get some more info.

Thanks

The best answer:

Answer by Kari
If you can AVOID a private student loan. It’s a loan through a bank or credit union with pretty high interest rates. Talking about 20% and up here! Federal loans are much better, since there’s usually a cap on how high they can raise the interest.

If you know better then please let us know below.

by Chris Devers

Question by yvette123: What is the difference between Private Student Loans and Federal Student Loans?
I don’t know anything about student loans and need to get some more info.

Thanks

Most comprehensive answer:

Answer by Kari
If you can AVOID a private student loan. It’s a loan through a bank or credit union with pretty high interest rates. Talking about 20% and up here! Federal loans are much better, since there’s usually a cap on how high they can raise the interest.

If you know better then please let us know below.

Technorati Tags: between, difference, federal, Loans, private, student

Before going any further in your search for information about private student loans take a look at this short video.

Student loans. Joke of the century. The predatory college industry designed to keep you in debt and make lenders and ceos rich. Private lenders have “power that would make mobsters envious” as without any bankruptcy protection, private lenders have abusive tactics and practices. They would rather see you default as that is more profit… Before you say “bankruptcy rights would make private student loans no longer an option” I say: 1. They existed previous to 2005 before the law changed 2. Good, this will force colleges to lower their ridiculous tuition costs.

Technorati Tags: college, debt, loan, Loans, private, scam, student

by Medmoiselle T

Question posed by Jimmbbo: Why shouldn’t the federal government be the SOLE SOURCE of student loans?
Under the radar and hidden in the dust of the 0bamacare fiasco, barry and the Axis of Idiots attached the entire US Student Loan program to 0bamacare, which would make the federal government the SOLE SOURCE for student loans…

Why is that a terrible idea?

Most detailed answer:

Answer by Shurephyre
It’s not that it shouldn’t, it’s just that it isn’t.

What do you think? Leave you answer below!

Technorati Tags: federal, government, Loans, shouldn't, SOLE, SOURCE, student

by SS&SS

A question from LEIGH6870: How will Obama’s new bill affect my ability to get Private Student loans?
I’m looking to go back to school for a second Bachelor’s degree this Fall and was planning on taking out federal and private loans. How will this new bill affect my ability to get private loans? And if it does, when will this take affect?

The top answer:

Answer by **Kitty*nyc*
What does healthcare have to do with student loans?

Agree or disagree? Leave your own thoughts below.

Technorati Tags: ability, affect, bill, Loans, Obama's, private, student