Student Loans

Explain how to best finance your s

Parent Plus Loans: Six Top Things to Understand

2019-05-20T16:59:03-05:00

With more parents needing to finance a portion of their child’s education, they face various options that can be confusing.  One of the most common methods for paying for college is using a Parent PLUS Loan.  This financing method has some advantages and disadvantages that both parents and students need to understand before making this [...]

Parent Plus Loans: Six Top Things to Understand2019-05-20T16:59:03-05:00

Federal Student Loan Interest Rate for 2019-20

2019-05-20T13:43:48-05:00

The Federal Direct Student Loan interest rates for the school year 2019-2020 have been determined by the government and there will be a decrease. Cheers all around. This will be for new federal loans disbursed between July 1, 2019 and June 30, 2020. The net decrease will be 0.516 from last year’s rate. Families and students who are [...]

Federal Student Loan Interest Rate for 2019-202019-05-20T13:43:48-05:00

Report Finds Problem with Student Loan Repayment Servicers: An Objective Second Opinion is Needed

2019-05-30T07:21:52-05:00

Last week, the Department of Education Inspector General issued a report called Federal Student Aid: Additional Actions Needed to Mitigate the Risk of Servicers Noncompliance with Requirements for Servicing Federal Held Student Loans.  It reviewed the internal oversight of the Federal Loan Servicing Companies.  As you can see from the title, the report was not [...]

Report Finds Problem with Student Loan Repayment Servicers: An Objective Second Opinion is Needed2019-05-30T07:21:52-05:00

Student Loan Interest Rates Are on the Rise!

2019-04-03T13:24:42-05:00

Student loan interest rates are on the rise! The Federal Direct Student Loan interest rates for the school year 2018-2019 have been determined by the government and will increase by 0.595 percentage points for new loans made after July 1, 2018.  These rates should always be considered when deciding how to pay for college. The [...]

Student Loan Interest Rates Are on the Rise!2019-04-03T13:24:42-05:00