It’s a tough year for college students – and student loan borrowers, in general: the unemployment rate is high, subsidized graduate school loans are slated for elimination next year, and tuition is rising. But there’s potential good news, in the…
Continue reading...Posts Tagged With: private loans
Andrew Asks: How Should I Pay for Grad School?
Andrew emailed Mint asking how he should finance grad school. Are you considering graduate school? Checkout my answers.
Continue reading...Join Me for an Online Chat with the Washington Post’s Color of Money Book Club
I’ll answer questions via online chat about CliffsNotes Graduation Debt on June 17th. Get the details in Michelle Singletary’s Color of Money column.
Continue reading...Why You Should Never Consolidate Private and Federal Student Loans Together
Consolidating all your federal student loans together is desirable in numerous ways: one payment to one student loan servicer, lower payments over a longer period of time. However, I’ve noticed on Twitter lately, there are tons of questions about consolidating federal and…
Continue reading...Is My Bank Loan Private or Federal?
When you borrowed money from a bank prior to recent student loan legislation, the loan could be a private student loan or a federal student loan. This is because federal student loans issued prior to July 1, 2010, could be a direct…
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