Revisiting Paying Off Student Loans

Student loans have been on my mind ever since I read about the latest legislation dropping Stafford rates earlier this month. Here’s a brief recap of where my student loans are now. I consolidated my Stafford loans years ... $22,000. The loan had been in deferment as I completed my MBA at Johns Hopkins, which has stopped [more...]

Date: 2008-07-29 10:57:33

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Help a Reader: Funding College

Here's a question I recently received from a reader: Should I take a new Stafford Loan for school, or just put it on a credit card? CC rate is 5.9% Student Loan is 6.8% Each 6 month term will be around 3k. I'm looking at 4 terms to finish. The tax benefits of the Student Loan are interesting, but I'm not sure how great they will really [more...]

Date: 2008-08-26 19:46:10

What you need to know about repaying your student loans

For those of you whom graduated this past June, the grace period on your student loans is coming to an end ... loan (Perkins or Stafford), you are entitled to a discounted interest rate (usually .25 ... expenses.  Here's a run-down on the options: >> Level Payment Plan: The total amount of your loan [more...]

Date: 2008-12-30 23:08:33

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