Paying for College

Question: All my student loans are federal loans through Sallie Mae and have a fixed 6.8% interest rate. I can afford the monthly payment, but the interest is just so high! Will consolidating give me a better interest rate?
It depends on when you took out the loans. Any federal loans taken out before July 2006 [...]

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Unfortunately, many students don’t have access to the right information and counselling that they need in order to make the right decisions about how to pay for college.  Here is some quick advice to those of you out there who are thinking about a private student loan.

Be sure that you have completely exhausted all other [...]

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Cost has always been a major factor for families when choosing a college.  This year it has moved to the top of the list for many high school graduates who are trying to decide where to head in the upcoming years.  Application figures won’t be available for a few months, but state public colleges across [...]

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New York Senator Chuck Schumer has been pushing hard for a three point plan aimed at ensuring that private student loans are available to those who need them. The credit crisis has resulted in close to 30% of all private lenders closing their doors. Among the top lenders, most have tightened underwriting standards [...]

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