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.

Why you should pay off lingering student account balances

Why should I clear all remaining balances before leaving for the summer?

Unpaid balances can result in obstacles to re-enrolling next semester.
Some schools will place blocks on your transcript.

If you're a returning college student, failure to close out… More »

Are you keeping track of how much you borrow?

As college seniors prepare to graduate and attend financial aid exit interviews, SimpleTuition would like to remind students not graduating to take stock of their financial situation at the end of this and every school year. We've heard from recent… More »

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 »

Financial aid advice for college students

As you’ve assuredly heard on the news these days, the cost of college is on the rise. Colleges are rising over the $50,000 mark for tuition and fees, and horror stories about mismanaged student loans are receiving a lot of… 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 »

When does interest begin to accrue on my GradPLUS loan and when is interest capitalized?

Interest begins to accrue as soon as the first disbursement is made. Interest is capitalized when the accrued interest is added to the loan principal. Interest capitalization typically occurs when loan repayment begins and after periods of deferment or forbearance.… 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 »

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