Is a student loan rate set in stone? Is it possible to negotiate a lower rate on old student loans?
- You can refinance a student loan! I would call the loan provider and see what all your options are! Good Luck!
- No, these rates are set by the government. There are somethings though to watch out for. Student loan rates are variable, so they are subject to change every year. That's good if the rate goes lower, and bad if it goes higher. Just as an example, when I graduated from my undergraduate, they were at 8. 5 percent, then we went into the 2000 recession and in 3 years they were down to 2. 5 percent. You can consolidate student loans, and people will always want you to do this, but that locks in the current rate. which is good if the rate is low, very bad if it's high. Once your loans are consolidated, that rate is locked forever. The only way to change it is to take out new loans and consolidate them with the old already consolidated loans
- Student Loan in the UK - I believe the interest follows inflation so it currently four point something. Its not negotiable
Knowledge Base
Is it legal to use a federal student loan to put a downpayment on a house?
i am going to be a graduate student. i am hoping to buy a 3 - 4 bedroom house and rent out the other rooms to fellow students. i do not have quite enough money for a downpayment. could i use part of my federal student loan for this? are (student loan debt)
Any proposed student loan debt elimination programs or interest rate reductions?
has anyone heard if obama's new budget includes anything about possible programs to help cut down student loan debt or a move to lower interest rates, particularly for consolidation?. no. your debt and no help on the horizon. i do not know about that. but i do know that my (private student loan)
I have recieved a federal student loan, but I need another loan to cover living expences. ?
hello. the federal loan will cover all the tuition, but i have a lot of living expences. i will need at least another 20, 000 for living expences during my school. is there a way to get another student loan that covers that?. you need 20, 000 dollars for living (private student loan)
Knowledge Base: Student Loan
Is this a good student loan interest rate?
i am borrowing $10, 600 to cover tuition, and all the interest rates i have been approved for are about at 10%. my brothers got their student loans for about 7%, but that was two years ago. have rates gone up that much, or am i just not getting good (student loan debt)
How much student loan debt is too much?
lets say i graduate with a business management degree, with about 45, 000$ in student loan debt. is this too much for my major? at what point is a student in over their head with education debt?. its depend on school that you are attending, and how long you take (student loan consolidation)
My wages are being garnished for a federal student loan. Will they take my tax return also?
i have not received a tax return for the last 5 - 6 yrs because the federal student loan i owe on has been getting it. now my wages are being garnished as of this year. will they continue to take my tax return even though i am presently being (federal student loan)
are there any lenders that do federal student loan consolidation? not private loans?
it seems like there are not any lenders that do federal student loan consolidation programs. are there any out there? not private loans. so far it seems like the dept of ed has ended other programs. please help thanks ruth. can you ask your relative if it was a federal (private student loan)
Any proposed student loan debt elimination programs or interest rate reductions?
has anyone heard if obama's new budget includes anything about possible programs to help cut down student loan debt or a move to lower interest rates, particularly for consolidation?. no. your debt and no help on the horizon. i do not know about that. but i do know that my (student loan rate)
Knowledge Base: Student Loan Rate
What's the lowest rate student loan available?
i am looking for a student loan with the lowest interest possible. unsubsidized. maybe you can try below website to get the information you need. it's about student loans articles for your second opinion. federal student loan. federal student loans generally have the best interest rates and most generous repayment (student loan rate)
Where can I get latest 2008 period student loan default rate? I tried many ways but am geting only 2006 yr. ?
i need this info to know how present economic crisis effected the student loan change in default rates, forbearance and deferment. please help me to find it out. i haven't found it either, but a possible reason could be that they do not have enough data to calculate it yet. (student loan rate)
Really high student loan interest rate, its approved and sent to the school whats can I do?
so i applied for a student loan, and i was happy because they accepted me, and later that week i recieve a letter telling me my interest rate is 12. 5% i was wondering if i can not accept the loan or what before school starts!. did you already sign (student loan rate)
Where can I find a good low intrest rate student loan, with low or no credit?
where can i find a good low intrest rate student loan, with low or no credit? i have this friend who is trying to go to school in la california and she lives in new york. also she has no credit and her parents have little creidt as well. do (student loan rate)
Is this a good student loan interest rate?
i am borrowing $10, 600 to cover tuition, and all the interest rates i have been approved for are about at 10%. my brothers got their student loans for about 7%, but that was two years ago. have rates gone up that much, or am i just not getting good (student loan rate)
