Topic: Student Loan Debt
Smart approach to loans – College on the Cheap
In this video, financial aid expert Don Betterton talks with a group of college students about the smart ways to approach student loans – how and when you should borrow, and the hierarchy… More »
How long can you wait to repay your student loan? How long should you wait?
College on the Cheap’s Street Team asked students if they can wait until after graduation to begin repaying student loans, and most of them got the question right! Think you know the answer? Check out the video.
How the federal student loan overhaul impacts students
Today, President Obama signed the Reconciliation Bill (including the student loan provisions) into law at the Northern Virginia Community College -- a Virginia community college where Second Lady, Dr. Jill Biden, teaches. So what comes next?
By signing this bill… More »
What are my repayment options for GradPLUS loans?
The repayment plans for Stafford and the Parent PLUS are also available for GradPLUS.
Level Payment Plan: equal monthly payments over the term of the loan
Graduated Repayment Plan: two years of interest-only payments, followed by increased payments covering interest… More »
Can I re-consolidate a federal consolidation loan?
The only way you can re-consolidate a federal consolidation loan is by adding a new (or otherwise not already consolidated) federal loan. Therefore, if you have already consolidated your loans once and now have a new loan that was not… More »
When should I consolidate my student loans?
When you should consolidate your student loans is primarily based on your status as a student - whether you're still in school or have left your program or graduated. If you're in "repayment" mode, meaning you're all done with school… More »