student loan advice

Why can’t students get a break on paying back student loans?

Why can't students get a break on paying back student loans?

Jan B. from NJ asked: Seeing how all the big companies are getting bailed out and getting tax breaks, why can’t they give us students a break on repaying student loans? I’m having a hard time trying to buy a home or car because of my Student Loans. It doesn’t seem fair to me.

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What is the best way to pay off both student loans and private student loans?

What is the best way to pay off both student loans and private student loans

Kenny N. from Arkansas asked: I used a mixture of Federal and Private Student Loans during college. My grace period ends in about a month. Is there a better way of paying my student loans off rather than paying each separately? There are I believe 3 stafford federal loans and 2 private student loans. Is there some form of consolidation I can do? It’s a real pain to be making 5 student loan payments every month. I’d rather just make one large payment.

This is a preview of What is the best way to pay off both student loans and private student loans? (629 words, 1 image, estimated 2:31 mins reading time)

Student Loans Lead to Credit Problems Later In Life!

Student Loans Lead To Credit Problems Later In Life

According to an article in the Motley Fool UK, having student loans early in life creates a belief in the student that debt is normal and expected throughout their life.

I would go as far as saying that the credit card companies play a big part in this also, loading students up with credit card debt early in life. This saddles them with payments for many, many years. Many are forced into bankruptcy.

This is a preview of Student Loans Lead to Credit Problems Later In Life! (361 words, estimated 1:27 mins reading time)