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Consolodate Graduate Student Loans Stories

Singletary: New student-loan program encourages faster payments

I volunteer at a correctional institution for women. During one financial literacy class, I was struck by something that was disturbing two inmates who were scheduled to be released within the next two years. They were worried about defaulted student … Continue reading

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Student loans at

Student loans system ‘at tipping point’, MPs warn Last updated Tue 22 Jul 2014 Money University The student loans system is at “tipping point” due to Government miscalculations and problems with collecting repayments, a cross-party group of MPs has warned. … Continue reading

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Don't treat student loans like a mortgage

Dear Dave, I have a very large amount of student loan debt. Where would that go in your Baby Steps plan? -Jade Dear Jade, Baby Step 2 is where you pay off all debt except for your house. The fact … Continue reading

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Student loans: what went wrong?

In an answer to a Freedom of Information request in April 2012, the Student Loans Company (SLC) published a table showing the amount of arrears owed by graduates from various countries. Students from Cyprus had borrowed £24m from the British … Continue reading

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7 things you didn't know about paying off student loans

Sixty percent of graduates from the class of 2011-12 entered the real world with student-loan debt — having borrowed $26,500, on average. That’s not small change, especially when you consider that interest charges will add thousands to debt payments over … Continue reading

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Educate yourself on student loans to avoid scams, BBB says

The Better Business Bureau serving Chicago and Northern Illinois is recommending that prospective college students, current students and their families carefully research student loan programs and offers in order to avoid financial aid scams. “The key to not being caught … Continue reading

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The Surprising Reasons You Could Lose Out on Student Loans

Here’s something you won’t hear often – or ever: “Student loans are a privilege.” (I Googled it: Six results.) Considering loans make it possible for millions of people to get a college education, they’re something to be thankful for. Yes, college … Continue reading

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Student loans system

Govt to take student loan recommendations ‘seriously’ The Department for Business has welcomed an MPs’ report that claims the student loans system is “at tipping point” due to Government miscalculations, saying it will take the recommendations “seriously”. A spokeswoman said: … Continue reading

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Student loans under threat, say MPs

In its report, the select committee concluded that the Business Department has a “worrying record” of miscalculating its estimate of the RAB charge. It adds: “More disturbing is the fact that independent forecasters have been recommending improvements to the Government’s … Continue reading

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Student loans system 'at tipping point', say MPs

Funding for higher education is a ‘tipping point’ says new report The Government is losing 45 pence in every pound it lends to students By Laura Clark Published: 18:24 EST, 21 July 2014 | Updated: 18:56 EST, 21 July 2014 … Continue reading

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