Showing posts with label student loans. Show all posts
Showing posts with label student loans. Show all posts

Jan 20, 2015

Manage Your Student Loan Debt Better in 2015

Manage Your Student Loan Debt Better
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It is usually seen that most of the students fail to manage their student loan debts efficiently after their graduation. The reason is quite simple. Most of the students spend their earnings on comfort and luxuries instead of repaying their student loan debt. It has become comparatively easy to acquire student loans. However, each one of us should keep in mind the fact that repaying loans are not easy as borrowing it. This is why there arises the need of a proper strategy when it comes to managing your loans. It is desirable to formulate these strategies while you are still in college instead of waiting until you get a good job. If you are one of this kind, here are some easy tips for you to manage your student loan debt better:

Feb 4, 2013

7 Vital Tips that Can Help College-going Students in Managing Their Finances Better

Students are the future bright citizens of any country. Each year, new bright students join college and they hardly know how to manage their personal finances. If you ask them about summer camps or what fun they had during their summer, you’d get beautiful answers, which would delight you, but little do they know about their tuition fees or the text book costs. They have very rough knowledge of other expenses like electricity, phone charges, insurance, grocery, and monthly rentals too. They know their test scores, and semester marks, but they do not understand how to save money and its importance! But, when these bright students are trained, they can easily become masters in managing their finances too.

May 19, 2012

Life's financial hurdles

For many young people, graduating from an institution of higher education is one of the biggest steps toward adulthood that they have ever made. But what happens when it’s time to go off the beaten path? Navigating the job market, making major purchases such as a car and a home, and figuring out how to pay off all of your debt can be overwhelming at first. But with a little planning and some reflection on what you would like to achieve financially, you’ll be able to clear life’s financial hurdles. Here’s how.

Dec 5, 2011

Make savings for your child's college education

Nearly every parent dreams of being able to send their child to college and being able to pay for it. The challenge of saving for a college education can seem like a nightmare to many, but it doesn’t have to be. There are some strategies every parent should keep in mind as they try to save for their child’s education.

Getting started

The sooner the saving begins the better, though it’s never too late to get started.

Dec 3, 2011

5 effective ways to pay for College

Attending college is a career necessity for most individuals in this day and age, but the expenses involved can lead to serious economic challenges. I discovered first hand just how expensive college can be when I was laid off and began considering returning to school to finish up my Bachelors degree in IT. As a victim of our current recession, I decided to go back to school to complete my degree to make myself more marketable in this tough economy.

Nov 28, 2011

Peer-to-Peer Lending Options for Students

Going to college is necessary in this day and age if you hope to get a good paying job. However, finding the money to do so isn’t always easy. One method of getting money for college is to take out a student loan from the government. Another is to go a private lending institution, such as a bank or credit union. A third method, and one that is becoming more and more popular, is to get a loan from a private individual. This type of loan is usually called peer-to-peer (P2P) lending. Following are a few options for students who are seeking a peer-to-peer loan.

Nov 1, 2011

New Relief Plan for recovering from defaulting Student Loans

Thousands of graduates is moving towards abyss now-a-days. The reasons behind this are either they are unemployed or under employed which means the job they get barely pay them enough to support their livings. Therefore, the student loans they borrow for studies turns into defaulting student loans.

The Department of Education and private loan lenders provide six-months of grace period to the students before they start making repayments on their student loans. This is for giving enough time to the graduates so that they can secure a job and prepare themselves to return the amount.

Know how to get student loan help

Do you know the consequences of defaulted student loans? They are:

* Your wages are garnished by the lenders
* Tax refunds get suspended.
* Credit scores get ruined.
* Professional license can be cancelled.
* Anymore financial assistance will be dismissed.
* Scaring enough, isn’t it? Therefore, you need student loan help.

Apr 7, 2011

Personal Student Loans: Important steps to take before getting one

If you’re someone who has once been victimized by student loan debt, you must be watchful before getting personal student loans in the near future. Most financial analysts are of the opinion that both parents and students must take their time and research their options before settling on a particular loan. Not checking the nuances of a particular loan is the main reason why they default on their loans in the near future. Here are some important steps that you must take before taking out student loans for financing your higher education.