Monday, April 24, 2006

Keep the change (Student Loan)


Keep the change
If you finance your education using federal loans through Commerce Bank, you will now receive more money, at the banks expense. Beginning in July, Commerce Bank will eliminate its two percent origination fee on every federal student loan.

Look at your school loan options
Take a close look at your options for consolidating federal education loans. And if you're in the borrowing stage, be prepared to pay more. On July 1, we officially say goodbye to the era of record low student loan rates.

USG mulls referenda procedures
As students are casting votes in this year's USG election, USG senators questioned the referendum policy and discussed endorsing a national proposal to reform the federal student loan system in their weekly meeting Sunday night.

Borrowers can consolidate student loans
Question: I hear student loan rates are going up. How do I avoid paying higher rates? Answer: The repayment interest rate for Stafford loans will increase from 5.3 percent to 7 percent beginning July 1. The rate for new Stafford loans will increase to 6.8 percent.

High Incomes Of GPs And Low Incomes Of Medical And Dentistry Students, UK
Figures have suggested that the average annual income for some GPs is rising considerably, following new contracts in 2004. But, a recent report from the Institute for Employment Studies (IES) shows that medical and dentistry students have the lowest incomes and have higher than average debts. Recent research from the Institute for Employment Studies that analyses the standards of living, debt,

Student loan consolidation deadlines loom
Dear College Money Guru, I graduated from college in December 2005, and am currently in my 6-months grace period before I start paying back my $26,000 in student loans.

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