Student Loans For Community Colleges and Vo-Tech Schools – Know Your Options
Student Loans for Community College and Vo-Tech Schools
They over the top costs of typical four year colleges has pushed an ever increasing percentage of students to re-evaluate their education options at both the local and national community college level. In fact, many community colleges and vo-tech schools are now offering highly successful two to four year transfer programs as well as cutting edge technical programs for students.
President Obama’s Stimulus Bill Promises Student Aid
The House of Representatives may be voting on President Obama’s stimulus bill that promises student aid, a.k.a. The American Recovery and Reinvestment Act, that could make the federal Pell Grant Program seem half its size in comparison. Obama’s stimulus bill could provide billions of dollars in spending and financial aid for many colleges and universities across the country. President Barack Obama’s request for an $825 billion stimulus financial aid package to combat the countries current recession and invest in health care, education and infrastructure programs was the basis for which he modeled this economic stimulus bill. The bill would enlarge the Pell Grant Program significantly. The Pell Grant Program distributes federal grants to around 6 million university students in the United States every year. Congress was warned last year by the Department of Education that the program would be facing a $6 billion shortfall in 2009 if additional funding is not obtained.
Can I put my student loans on a credit card and then file bankruptcy?
Kiro from Mass. asks: I’m over my head in student loan debt, but have good credit and lots of it. I thought up a plan to put my student loans on my credit cards and then file bankruptcy on the cards. What do you thing? Is this a good idea? It doesn’t bother me a bit that the bankruptcy will be on my credit report for 10 years. I’d rather be out of debt completely and then move to another country and start over. If anyone has ever used this method to get out from under massive credit card and student loan debt, I’d like to hear about it!
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