Should I Consolidate My Loans?

Direct Loan Consolidation may be an answer for you if you're having trouble making monthly payments on multiple student loans. They work by consolidating (combining together) your loans into one single loan. What are the pros and cons of doing…

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Do You Have a Repayment Plan?

When it comes time to repay your loans, you have several repayment plans to choose from. This is great news! But, which one is best for you? The answer depends largely on your financial situation and career plans, among other…

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How far in debt will I go?

Perhaps you've heard the horror stories of college graduates with loads of debt by graduation day.  Are these stories true?  In some cases, yes.  A recent survey of 750 colleges by Fidelity Investments found that "70% of the class of…

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Subsidized or Unsubsidized Loan?

Google the phrase, “Stafford loans,” and you’ll receive hundreds of hits about rate increases on student loans taking place.  However, the information is confusing and searching the Internet doesn’t help any.  CNN posted that rates on “nonsubsidized Stafford loans” would…

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Financial Aid Sleight-of-Hand

So, you've finally received your financial aid award letter.  Congratulations!  As you read through the letter, you may see a myriad of terms and abbreviations that can challenge even the best financial planner.  Award letters are as unique as the colleges that they are…

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Comparing Award Letters

So, the moment has arrived.  A financial aid award letter has arrived in your mailbox!  Ripping it open, perhaps you find columns of numbers or financial aid jargon that only makes your head spin.  Grants, loans, scholarships, work-study… How do…

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