CambridgeCredit asked:

In an effort to help offset financial uncertainty, the Obama Administration has released an Executive Order to change the timetable for President’s Bush Income Based Repayment (or IBR) student loan repayment option. The existing law had set the cap at 15% of the borrower’s Adjusted Gross Income, extended the repayment period up to 25 years, and forgave any debt remaining after 25 years. The new version, starting in 2012, will lower monthly payments to 10% of AGI and forgive the debt after 20 years. Find out if this new plan can help.

Renee

kathy8by asked:


what am trying to ask is my uncle owes 5,000.00 in student loans but he is paying a fee monthly and i don’t think it is fair for the govermnent to take that rebate and put it toward is student loan, he should give him the money and let him decide what he want to do with it. he has a family and bill need to be paid, what is the use of him sending out rebate then taking it back.

Jolyn Roth

arms1213 asked:

get-better-grades.tk – FREE “Speed Study” E-Course Get The Best Grades With the Least Amount of Effort ATTENTION Students Discover the “speed study” secrets you’ll NEVER be taught in school that will cut your study time in half and get better results… “Don’t Study Harder, Study SMARTER! Introducing The Speed Study System Anyone Can Use To Get Better Grades In Less Time And With Less Effort – Guaranteed!” Get The Best Grades With the Least Amount of Effort is a unique collection of the most powerful learning techniques to help you become a SUPER-LEARNER and master any subject and any skill faster than most people, while still having fun! Dr. Jill Biden, lifelong educator and wife of Vice President Joe Biden, gives parents some good news about how the Health Care and Education Reconciliation Act makes college more affordable. FAFSA Pell Pell Grant Pell Grants college tuition university Obama White House Biden jill biden obama white house u tube white house higher education obama la house dont know how to fill fafsa barack obama obama signed a new bill for education jill biden on student loan reform education reform higher education reform bill biden in educauion « Remove dr. jill biden on good news for higher education obama on health care reform dr. jill biden on higher education jill biden on student loan jill biden education reform jill biden on student loans utube obama sign education reconcilliation dr jill biden student loan reform dr jill biden whitehouse.gov dr …

Kimberli Scelfo

inajam asked:


I have been married for 2 years and my wife has a defaulted student loan from before we met. My problem is that now they have put an intercept on my tax refund, and I am the only person working in our household. My wife had no income for the past 2 years, and I need to know if they can legally take the return that is based solely on my income since the student loan was in default prior to our marriage?

Yajaira Lobner

aa asked:


My student loan is the only debt I have. The return from the bank is 4.45% and I also have a CD account at 5%. The interest for the loan is lower than that. What should I do?
Thanks so much for all the answers; I have a lot to think about. Can you please help me choose the best answer?

Refugio Bonaparte

abayomix asked:

The credit crunch has been around for a while, but has it really affected the student? Watch this video and see what we found out. And please comment so we can improve on future projects. thanks

Natasha Hamiton

StudentLoansCoUk asked:

Advice about the student finance package for new students starting after 1 September 2012. Aimed at students and their familes, as well as teachers, lecturers and money advisers. Short version of the video.

Earnest Majer

laura l asked:


I’m a pre-med student. I am planning on doing a semester exchange, but there is no way my parents can cover the expenses so I decided to get a loan. The thing is that pre-med= studying for many years, and if I get an unsubsidized loan, i’m worried I’ll be buried on interests by the time i’m able to pay for it.

Major Eilertson

siueweb asked:

EDWARDSVILLE, IL — Students will see increased Pell Grants and friendlier loan repayment terms as a result of an historic overhaul of the nations 45-year-old student loan program signed into law last week, US Senator Dick Durbin (D-IL) told students at Southern Illinois University Edwardsville today. The provisions included in the Health Care and Education Reconciliation bill force commercial banks out of the business of administering federally guaranteed student loans, ending a system dating back to 1965, which provided commercial banks like Sallie Mae guaranteed federal subsidies to lend money to students, with the government assuming nearly all the risk. As the largest originator of federally insured student loans, Sallie Mae flourished through the risk-free business of federal student loans, reporting a profit of $309 million in the last quarter of 2009 alone

Lacy Horwood

InsideAcademia asked:

Neal McCluskey, Associate director of Cato’s Center for Educational Freedom, and author of Feds In The Classroom: How Big Government Corrupts, Cripples, and Compromises American Education, as well as of the recent white paper: How Much Ivory Does This Tower Need? What We Spend on, and Get from, Higher Education – joins us on Inside Academia to explain why federal financial aid has served to distort price signals and thereby skyrocket the cost of college tuition over many years.

Major Malkin