Student loans

Posted on Friday, July 20th 2007 3:58 am by menj in Offbeat

Being a student is not an easy task as it requires money to fund their studies as well as paying for other things such as accommodation, food, text books and other miscellaneous items which are associated with daily student life. Of course the student may not be able to afford all of this, since he or she does not have a permanent income and depend on their family to send in money. Hence it would be wiser for the student to look towards securing a student loan in order to continue their studies.

So where does one find out more about loans that benefit students? Check out NextStudent.com. This online student loans resource all sorts of information such as getting a loan and the available grants that are available. They also have a financial aid tutorial and offer tips such as learning about the different types of financing available. Now you will be able learn about the difference between private student loans and PLUS loans for parents without getting yourself confused in the process. Check it out today!

    20 Comments

    Comments

    Here are 20 Responses.

    • Maggie says:

      July 24th, 2012 at 1:48 am

      I’m planning on going to law school after I graduate from a 4-year college. I’m just wondering if I’ll have to start paying back my student loans after 4-year college, or after I graduate from law school?
      P.S. I’m just doing some preliminary checks on student loans in general, I’m a senior in high school and I’m just thinking ahead.

    • skychi99 says:

      July 27th, 2012 at 5:28 pm

      I want to apply for a Master’s Program at Copenhagen University… but have no money! Where exactly do I start? I know very little about student loans in general, and especially little about them when studying internationally, especially at the graduate level. Do I need to talk to the University? How do direct to consumer loans work? Is it super difficult to get student loans?

    • white man says:

      July 29th, 2012 at 2:10 am

      If I have student loans and I die, will the insurance policy that I have with my husband as the beneficiary go to pay those student loans and not go to him? He is not on the student loans though.

    • musicistabest says:

      August 7th, 2012 at 8:41 am

      What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
      My loans are government loans from Saillie Mae. I owe them under $5000.
      I heard about this company that will take over your school loans from them but I don’t know the name of the company.

    • Chester says:

      August 10th, 2012 at 4:34 am

      I want to apply for a Master’s Program at Copenhagen University… but have no money! Where exactly do I start? I know very little about student loans in general, and especially little about them when studying internationally, especially at the graduate level. Do I need to talk to the University? How do direct to consumer loans work? Is it super difficult to get student loans?

    • Xavier Hawthorne says:

      August 14th, 2012 at 2:01 pm

      I am eligible to have my student loans removed due to a severe, lifetime disability, diagnosed five years ago. We did the income contingent plan but since I will have my loans discharged, what happens to my spouses eligibility to ever return to school and get a loan? Does her loans that aren’t on the contingent plan combine with ones that aren’t?

    • Death Knight says:

      August 16th, 2012 at 12:23 pm

      I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining the rate and loan amount?

    • Scott Bull says:

      August 19th, 2012 at 4:28 pm

      What Loan company will take over my federal student loans when the loans are in default so I can go back to school?
      My loans are government loans from Saillie Mae. I owe them under $5000.
      I heard about this company that will take over your school loans from them but I don’t know the name of the company.

      I am at the point where I can’t get a federal student loan until I pay this off.

    • Mak Sultan says:

      August 19th, 2012 at 5:43 pm

      What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
      My loans are government loans from Saillie Mae. I owe them under $5000.
      I heard about this company that will take over your school loans from them but I don’t know the name of the company.

    • louisewoods1984 says:

      August 20th, 2012 at 10:30 am

      What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
      My loans are government loans from Saillie Mae. I owe them under $5000.
      I heard about this company that will take over your school loans from them but I don’t know the name of the company.

    • lucasg615 says:

      September 14th, 2012 at 7:29 am

      I recently defaulted on my student loan and contacted the student loan company to before they started garnishing my wages. I agreed to a reasonable monthly payment and made the payments on time when I noticed that my wages were being garnished as well. I contacted the student loan company several times and they kept saying that they would remove the garnishment and that my employer had recieved the paperwork. I contacted my employer’s payroll and the stated that they never got the paperwork and I should ask for a copy myself to fax it in myself just in case. The student loan company wouldnt give me a copy of the garnishment letter to the employer and claimed to have faxed the paperwork in. It has been 4 straight pay periods and nothing has been done meanwhile im still making monthly payments directly from my bank account. Is there anyway to stop this? PS: I dont need smart remarks about you should have paid in the first place, i know that much but i couldnt afford to at certain points.

    • Zanto says:

      September 24th, 2012 at 7:40 pm

      I just completed graduate school a few months ago and I consolidated my student loans from undergrad and grad school and it is time to start repayment on my student loans. How many times can you defer your student loans..I consolidated them with the extended payment plan which is 30 years?

    • Armas says:

      September 30th, 2012 at 10:16 pm

      I applied for student loans like last week and it said I’m suppose to receive something in 24 hrs, but I didn’t get anything back yet and I’m afraid that if it doesn’t go through by the time I start school tomorrow, I won’t be able to go to college. Does the student loans pay for the classes and books too or you still have to pay? If yes, how does the payment plan actually work? I know it’s like a monthly pay, but how do you do it?

    • Courtney says:

      October 10th, 2012 at 4:28 pm

      My student loans are through NelNet and I received a letter from NelNet instructing me to stop making payments. The reason they give is that my student loan account has been paid by a claim and now has a zero balance. I have had student loans since 1995; but I also have filed bankruptcy. What does all this mean? What claim paid my loans off? Did I or someone else get sued for the money?

    • Sahil says:

      November 8th, 2012 at 12:19 am

      I currently have no credit history, and no available co-signer for a private student loan. I have exhausted my availability of government sponsered Stafford loans and Pell grants. I need a private loan in the amount of around 2000 dollars to supplement the remainder of my tuition that will be paid out-of-pocket through working on nights and weekends in two jobs.

    • wwwavid360gamercom says:

      November 9th, 2012 at 8:32 am

      I’m really interested in studying in London.
      The problem I’m having is that the Colleges I’m looking at
      are not in the lists of the student loans companies.

      My question is:
      How can I get a loan to pay for course fees and
      have the monthly living costs expected by the UK Border Agency?

      Thank You.

    • che-che says:

      November 10th, 2012 at 6:22 pm

      I owe the government money for student loans and so they keep my income tax check to pay for them. Will I still get the tax relief check?

    • henryshensbcglobalnet says:

      November 13th, 2012 at 12:48 am

      There has been a lot of talk in the news about the student loan crisis. The statistics show that 10% of students who go to public colleges default on their student loans and 25% of students who go to for profit schools. If all these students defaulted on their loans it maybe one of the reasons the U.S. economy isn’t recovering. I mean, what happens to these students if they default on a student loan? Are their lives ruined? Can they truly ever come back from that? Is there an answer to this crisis? I am open to suggestions.

    • musicistabest says:

      November 17th, 2012 at 3:37 am

      What happens when you default on student loans owed? Is your degree taken away? Or does your college stops verifying your credentials when an employer requests it?

    • JackReynolds says:

      November 23rd, 2012 at 5:46 pm

      I have a few different student loans out; 3 private and 1 federal. Should I wait until I graduate to consolidate or should I do it now. I’m currently paying $500 on one private loan. The other loans have a 7.62% interest rate. Any suggestions?

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