StudentsOver30.com - The Ultimate Resource Guide for Nontraditional Students » Money for College

Guide to Student Loan Consolidation

Staff — Tue, 18 Nov 2008 13:27:44 +0000

Today more students than ever are graduating college with larger levels of student debt. While student loans provide an excellent financing tool to pay for the cost of higher education, the cost of repaying such loans following graduation can often be steep for many new graduates, especially when faced with an entry-level salary and the [...]

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posted in Money for College
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Funding Part-time Education

Staff — Sat, 16 Aug 2008 12:46:37 +0000

by Morgan D. James Being a part-time student has advantages and disadvantages. Sometimes it seems like every program is geared towards full-time students. How can you pay for your education and make both your budget and time work? As a part-time student, you have some advantage over full-time students. You can work more hours during [...]

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posted in Money for College
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The Truth About Refinancing Student Loans

Staff — Wed, 06 Aug 2008 08:42:11 +0000

by Tripp Taylor There are many students and graduates out there that are struggling with paying for their student loans. Often times, these people have heard of refinancing student loans in order to make their payments lower and more manageable. But before you consider refinancing student loans, there are some things you should first consider. [...]

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posted in Money for College
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Federal Student Loan Interest Rates Drop

Staff — Mon, 07 Jul 2008 15:07:15 +0000

Federal student loan interest rates dropped last week for need-based students, which will save the average borrower approximately $2,570 over the life of the loan. The College Cost Reduction and Access Act decreased interest rates on need-based federal student loans from 6.8 percent to 6.0 percent. The goal is to reduce interest rates to 3.4 [...]

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posted in Education News
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Legislation Eliminates Discrimination Amongst Student Loan Lenders

Staff — Fri, 20 Jun 2008 11:56:04 +0000

Senators Patty Murray (D-WA) and Chris Dodd (D-CT) introduced legislation to end the practice of student loan lenders cherry-picking which schools and colleges they want to lend to, even with federally-backed college student loans. Several lenders in the Federal Family Education Loan Program (FFELP) have stopped lending to certain schools because of a low return [...]

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posted in Education News
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Are You Left Out in the Cold With the New College Student Loan Legislation?

Staff — Thu, 05 Jun 2008 23:20:04 +0000

President Bush recently signed the Ensuring Continued Access to Student Loans Act of 2008 (H.R. 5715), which would increase some funds to students, while decreasing funds in other areas. For many, the Act was to silence the alarm of the college student loan crisis, in which many lenders stopped supplying loans to certain colleges because they [...]

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How Does a Nontraditional Student Pay for College?

Staff — Tue, 20 May 2008 18:42:35 +0000

So how does a nontraditional student pay for college? Tuition is going to cost you, even if your school selection is a state- or city-owned college. Teachers are underpaid and inflation hibernates for no one. College textbooks will cost from $200 to $400 per school semester, so make sure you tack on this “hidden” fee. Travel [...]

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Financial Aid for Nontraditional Students

Staff — Tue, 20 May 2008 18:16:33 +0000

Financial aid for nontraditional students is worth a shot. It’s better than gold, especially if it’s a grant, because you don’t have to pay it back. What’s there not to like? The Federal Pell Grant is based on financial need. The amount dispersed to each student is dependant on expectant family income, tuition cost, and [...]

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