Obama Administration pressed on Sallie Mae Contract Renewal This past Thursday March 27th, 2014 the Obama administration received a grilling by U.S lawmakers on the government’s decision to renew a contract with SLM Corp, the infamous student loan servicing company better known as Sallie Mae, which happens to be the subject of numerous government investigations. […]
How the Student Debt Crisis Affects You and the Economy In today’s economy it seems that financial bailouts have become a favorite policy of the U.S. government. The auto industry, insurance companies, banks, and even the solar industry have been major beneficiaries of Uncle Sam’s generosity. On top of that, we have the Congress giving […]
Student Loan Debt Affects Auto Industry Imagine this scenario; Sally is a few years past college graduation with a steady, high-paying job. You would think that makes her a prime prospect to buy a new car, right? WRONG! She already has a car-sized burden on her shoulders, the $25,000 she owes in student loan debt. […]
The health profession is predicted to grow rapidly over the next two decades as the Baby Boomer generation reaches retirement age. With the largest population group in the US in greater need of health care services, there will be an increased need for doctors, nurses and all types of health professionals. It’s no wonder that […]
Understanding Delinquency vs Default On Student Loans What is default? The term “default” means you have failed to make payments on your student loan as scheduled according to the terms of your promissory note, the binding legal document you signed at the time you took out your student loan. What would happen if I miss […]
Are you having a hard time paying your student loans? Do not default, you have options! Learn how to postpone or delay your student loan payments! FORBEARANCE VS DEFERMENT ON STUDENT LOANS If you have a student loan and are having a hard time making the payments, then you’ve probably heard the words deferment and […]
