Below is a list of the most recent posts in the Student Loan Consolidation category. You can also search for posts by keyword, or check out the Archives page for a full list of categories.
Rising student loan debt has always been a serious concern in this country, but according to a report released by the Federal Reserve Bank of New York last week, the problem might be more menacing than ever. The report reveals some pretty sobering truths, including:
The total outstanding balance on student loans is $870 billion, which…
As part of a series of efforts to boost the economy, President Obama announced a new plan last week aimed at relieving the debt burden faced by low-income graduates. His program is two-pronged: it will add consolidation options for borrowers with a combination of FFELP and Direct Federal Loans, and it will lower the required…
It’s a time of great change for the members of the recently-graduated Class of 2011. Whether a few months into a new job or still looking for the right opportunity, everyone is trying to figure out their new life – and just as importantly, how to pay for it.
The first step towards gaining your footing…
The following question was submitted to our experts through the Ask the Experts form:
“Right now I have about $50k in undergraduate private loans at a 3% interest rate. My monthly payments once I finish grad school next year will be $600/month. These are not flexible and I don’t have any forbearance time left.
I also have around…
The following question was submitted to our experts through the Ask the Experts form:
“I just graduated from a private university last month. With each year costing about $52,000, I am leaving college with about $70,000 owed to NelNet and and the Dept. of Education for loans.
What do you suggest would be my next step in paying…
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