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Private Student Loans Are Becoming More Competitive Private lenders are moving into the market for fixed-rate student loans and starting to compete directly against government options www.businessweek.com
Financial aid. Harvard MBA. Big pay. But student debt still burdens. Financial aid totaled $54,000, but Joe Mihalic slashed costs to pay off his $101,000 in student loans. Despite top MBA programs' financial aid, students can still graduate with six-figure debt. www.csmonitor.com
Sen. Grassley rails against ‘immorality’ of student loan interest rate DES MOINES, Iowa --- Sen. Chuck Grassley says there is no disagreement Congress should prevent the interest rate on student loans made after July 1 from doubling. wcfcourier.com
As Student Loan Default Rates Rise, Is the Law School Bubble Bursting? Here at the Student Loan Ranger, we recently read about Educational Credit Management, a Minnesota nonprofit that is earning commissions of up to 31 percent for collecting on defaulted student loans. Seven of their employees earned more than $400,000 in 2010, according to the San Francisco Chronicle. news.yahoo.com
Student loans: Pay them off, or invest elsewhere? Student loans at currently low interest rates should be paid off as quickly as possible, because there aren't many better investments out there. Student loans are question one in this week's mailbag. www.csmonitor.com
Student loans require homework During a recent online discussion, lots of people had questions about student loan debt. Here are my answers to a couple I didn’t get a chance to address. One person wanted to know whether when carrying student loan debt — in this case at 7 percent — you should dip into your savings to pay it off. The reader wrote: “The debt would be paid off in a year at my current payment rate. Since the ... www.washingtonpost.com
Student loans: Banks vs. feds For the first time ever, students might find it cheaper to borrow from a private bank than from the federal government. money.msn.com
Grassley rails against ‘immorality’ of student loan interest rate Sen. Chuck Grassley said there is no disagreement Congress should prevent the interest rate on student loans made after July 1 from doubling. globegazette.com
Discover Announces Fixed-Rate Private Student Loans Discover Student Loans, one of the largest originators of private student loans in the United States, announced today new fixed-rate loans for undergraduate and graduate students w finance.yahoo.com
Political divide over student loans The seeds for the current student loan interest rate debate were sown in 2007 when Congress passed a temporary cut in rates for subsidized undergraduate Stafford student loans. www.cantonrep.com
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