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Your Student Loan Matters

In order for most people to pay for their college education, they may need to take out student loans.

Student loans are applied by many people these days. It is for the hope that student loans can greatly support their education. Well, that is primarily the purpose of student loans, but there are some instances that getting student loans is what lead people to be buried deep in debt. This is common among those who failed to repay or those who actually escape from their obligations.

Now, planning for successful repayment involves a lot of considerations. The planning should start before you place and strike your pen on your first promissory note. Just as you are making a commitment to your career by way of investing time and money in higher education, you should also make a commitment to your financial future by way of effectively managing your student loans from the beginning.

Recent Student Loan News
University of Chicago Applications to College Increase Significantly - The University of Chicago has recorded a substantial increase in applications to the College this year, forming the largest and most diverse undergraduate applicant pool in the school?s history while maintaining the highest academic standards.The University received 19,306 applications for the cla... [Read More...]

University of Oklahoma Wins National Guard FLW College Fishing Event On Falcon Lake - The University of Oklahoma team of Mark Johnson and Chip Porche won the National Guard FLW College Fishing Texas Divising Event on Falcon Lake Saturday with six bass weighing 34 pounds, 8 ounces. The victory earned the team $10,000 to be split evenly between the university and the university?s bass... [Read More...]

How the MONSTER of college football took its toll on University of Florida coach Urban Meyer - Urban Meye has no hobby, rarely plays golf, reads very few books and fills his life with football and family. The one place the University of Florida coach finds refuge is at his Central Florida lake home where he sometimes takes his young son Nate for a pre-dawn boat ride - Urban with his coffee, N... [Read More...]

Disabled student has right to live in college dormitory, says federal judge - A 25-year-old Michigan college student with a learning disability has the right to live in a campus dormitory, according to a ruling by U.S. District Court Judge Patrick Duggan.The judge ruled that Oakland University can make reasonable accommodations to allow Micah Fialka-Feldman to live in the... [Read More...]

Action Delayed on a First-in-the-Nation Tax on College Tuition - Going to college in Pittsburgh could be more expensive if the City Council passes a measure imposing a 1 percent tax on tuition. It would be the first such tax in the nation.But my colleague Ian Urbina reports that the measure, which was scheduled for a preliminary vote in the City Council on Wedn... [Read More...]

Highest student loan default rate in the state - Allen University has the highest student loan default rate in the state, according to figures released Monday by the U.S. Department of Education.Just over 26 percent of Allen borrowers whose first loan repayments came due between Oct. 1, 2006, and Sept. 30, 2007, were in default by Sept. 30, 2008... [Read More...]