Monthly Archives: December 2011

Chris asks… Is debt consolidation the best thing if my debt is like $$$8,000 and 3,000 is student loans? admin answers: The question is a little difficult to answer since so much depends on your personal situation and some other data. What is your monthly payment for each loan, what is the interest rate on … Continue reading

Donald asks… what is a first generation college student? my dad went to school in vietnam and fled to the united states and continued 2 years of college in the US. does that make him a first generation college student? I’d like to know because there are scholarships and grants for first gen college students … Continue reading

Chris asks… consolidating my student loans to bring outta default. what happens with collection agency? so direct loans is gonna pay off my defaulted student loans bringing them outta default. but right now im already in a payment arrangement with the collection agency. im getting payments automatically taken outta my account. once direct loans pays … Continue reading

Donald asks… What is the best student loan? I am a sophomore attending a private university and have applied for many scholarships and also the fafsa. I already have all of the scholarships and federal student loans and still own $7100 for this year. What is the best student loan that I can get with … Continue reading

Susan asks… Private student loans…? Just wondering, I have a Sallie Mae Private loans. Can Sallie Mae garnish wages for private loans? I know they can for Federal loans but im not sure about the private loans. As long as you send some type of payment they cant garnish right? lol hopefully not! admin answers: … Continue reading

Thomas asks… help i need a student loan but keep being rejected!? My parents have horrible credit ie no cosigners I did fafsa got Stafford loan and grant but still need 18500 in loans and yes with my future career I can handle around 100000 in loans with no problem so I need a loan … Continue reading

Robert asks… Student loan default information? Hello I have student loans in default, and am currently unable to make payments on them until I can find more rewarding work. Conundrum: More rewarding work is IMPOSSIBLE to find without a college degree. It’s been almost nine years since I missed my deferment window and allowed them … Continue reading

Thomas asks… For people who are on SSI or disability? I had heard of something about being able to go to school for free but I guess that’s not the case in every state. I live in Virginia and I have a relative on SSI who recently started back to college and basically she had … Continue reading

Helen asks… Currently in Middle east planning to study in AMERICA?? Financial Solutions?? Am an 18 year old high school student, studying in UAE, planning to go to college in america. My major is science and am interested in being a dentist. I checked out a couple of community colleges in boston as they are … Continue reading

Charles asks… Loan consolidation? I have a lot of loans and credit card debt that I have to pay separately each month. The payments range from $40 a month to $80 a month. I have the following loans/credit card debt: – Student Loan A = $2000, $40 payment each month – Student Loan B = … Continue reading