Archive for December, 2008

What Is The Best Way To Pay Off My Student Loans Early and Save Money?

Megan B from Nebraska asked: Can you tell me of a quick you to pay student loans? I owe about 20k and my interest rate on the student loan is 6.5%. My monthly payment is around $200. Any suggestions please?

Student Loans and Scholarships For Nursing and Nursing School

Student Loans and Scholarships for Nurses and Health Field Workers

Nursing and the medical field happens to be one of the bright spots in this economy. This field is normally under staffed and there is nearly always a demand for qualified people in the health field. The pay and benefits are also generally above average. The successful Nursing student with up-to-date skills can nearly pick the place they want to work. Many nursing students shop around to find the very best job offer than can get. Many times this means moving out of state. Our sponsors on this page have more in-depth and specifics on these programs as well as job placements.

Can I use my student loan to pay off my credit card debt?

Monica W asks: I have $3500 in credit card debt. My Mom and Dad are paying for my school, but I have been unable to live on the money I get from them for living expenses. I wish that I had took out another student loan instead of using the credit card.

Sallie Mae Expects Student Loan Write Offs To Increase In 2009

I just read an article in Newsweek that says Sallie Mae expects their private student loan write offs to increase in 2009. Wow, color me surprised! NOT!

Can I consolidate my student loans if they’ve been taken over by a creditor?

Robert J asks: I have two student loans for about 3000 dollars each. I have been unemployed for several years taking care of my kid and haven’t make any payments on the loans. Now a creditor has taken my student loans over. I now owe 9,000 thanks to fees, penalties and interest. Is there any student loan companies that will take them over and I can make payments to them at a low interest rate? Now that I’m working, I’d like to start making payments on my student loans.