clueless! asked:


Is one a better option than the other?

tnu2005 asked:


I am going to be going into a two year paralegal program starting in the fall and I am pretty sure that I got the Stafford Loan for $3,500 and I got a grant for about $900. The Paralegal program will end up costing about $11,000 so I’ll need to take out a private student loan.

I find all of the financial aid and loans to be very confusing but I was looking at a private loan through Chase Manhattan bank that didn’t seem so bad. I was wondering about loan consolidation. Are there any banks that will consolidate federal stafford loans and a private loan together to help you have a lower monthly payment? Chase Manhattan said you cannot consolidate a federal and private loan but I was wondering if maybe another bank would do that? Or is there another smart way to go about handling your loans after graduation? I’m just trying to think of the whole picture and plan for graduating.

Also, when you take out a private loan it seems like they all have the variable thing going on..why don’t they offer a fixed rate? Do you try to consolidate and get a fixed rate when you’re done school?

Like I said before…financial aid is very confusing to me. Any help would be greatly appreciated.
Thanks!

Ash4878 asked:

“Who else wants to take advantage of this Explosive new lending technique that has the power to net business owners $200000 in financing in 90 days! Yes, even in this CREDIT CRUNCH?” Have you ever heard the old saying “It takes money to make money”? Well I’m living proof that it’s not entirely…

Samantha T asked:


When you include a Federal student loan into debt consolidation?
What is the benefit of doing this?

Press ALT and F4 asked:


I would like to know if there are loans that are like the Federal Stafford Loan? (NO credit check) One that also works with private schools?

Dat_1_Chiq asked:


What Loan company will take over my federal student loans when the loans are in default so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the name of the company.

I am at the point where I can’t get a federal student loan until I pay this off.

midn8t_oil asked:


I am interested in joining the navy reserve while I finish my Masters degree. However my recruiter told me if I decided to join the Navy at a later date I would not qualify for (up to 70,000) federal loan payoff that the navy would do for someone who joins the navy with a Bachelors for the first time. Is this true?