Comments on: student loan?

By: TheAnswerGuy

TheAnswerGuy — Thu, 11 Mar 2010 00:24:58 +0000

Yes,

Many people do this.

This is normally perfectly acceptable.

I found a website that has a ton of information regarding student loans. Take a moment to check it out, it might have just the info you are looking for.

You can visit the website by clicking on the link below.

By: wisemorgan75

wisemorgan75 — Tue, 09 Mar 2010 12:27:04 +0000

This person can also look into further deferment of payments (you do get some time after you finish school to start repaying) or forbearance for hardship purposes. They need to contact their lender directly for their options and the sooner it’s done the better so there’s time to work out a good plan. I would probably opt for some sort of payment plan that started out small and had the payments increased over time so that I was at least paying on the loans.

By: Tania

Tania — Sun, 07 Mar 2010 18:33:46 +0000

There are two sources for student loans — the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In mostyou can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.

By: StyleDara

StyleDara — Sun, 07 Mar 2010 02:17:18 +0000

Sure, lots of college graduates go overseas after graduation. For instance, people who pursue opportunities in the Peace Corps.

If you are working in a field with low wages you can get a loan repayment program that is income contingent. That is when they base your payments off of your income so they aren’t a burden.

I say go for the opportunity to work abroad.