LadyLiberty asked:


I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining the rate and loan amount?

quake1920 asked:


I just completed graduate school a few months ago and I consolidated my student loans from undergrad and grad school and it is time to start repayment on my student loans. How many times can you defer your student loans..I consolidated them with the extended payment plan which is 30 years?

Diamond asked:


I would like to do my Masters overseas next year. I’ve read in some of the (potential) schools’ websites that they offer things like student grants, scholarships and student loans.

What are these exactly and how do they work? Which one is the best option?

Nicole C asked:


I have been in community college for the first 2 years of my schooling so I have not had to take out any student loans yet. I have been applying for loans for this next semester and I have been getting really high interest rates. Some are over 15% which I feel is riduculous. I am 21 years old with good credit and I have used my parents as co-borrowers when applying. They do not have great credit and my dad makes too much money for me to get any government help, but they don’t pay for anything. Where should I go for lower interest rate on loans? Also, what is a good amount to take out if I decide not to work next semester? Thanks!
My parents are married so any information I use goes for both parents.

Κατερινα asked:


I am looking for a private student loan, to pay for room and board and food, etc. But most student loan companies don’t accept MMI (Motorcycle Mechanic Institute) as a school on their apps.

Does anyone know of a student loan that does? Other then Sally Mae, they only do tuition type loans for my school now.

Any help would be greatly appreciated. Thanks.

Jess F asked:


I am going to begin college soon & I will be financing it through student loans. I am attending college with plans of joining the Peace Corps. Any help on this subject would be great.

RameelRaymundo asked:


I need to buy a new car, but I’m also planning on going to law school in Sep of 09. I’m planning on buying a modest entry level car for around 17-19km and planning to put 5000 down. However, when I go to school I wont be working and will still have payments. My question is, are there student loans available that could include the cost of paying off the remaining balance of the car at the time?

Anna H asked:


I am currently a student with several student loans out in my name. I have a good credit score but am only able to work part time due to school. I make enough money to cover monthly rent with my boyfriend. We want to get into a house but I fear my loans and low income will make it difficult if not impossible for us.

nita23 asked:


I currently have two student loans in default. I already made arangements to pay my deferred loans and I have been paying them on time for the past three months. I would like to know can they still garnish my income tax although I am paying on the loans?

Alex asked:


I just transferred undergraduate schools and still have some student loans from my previous school (Sallie Mae and Federal Direct loans). Is there some sort of clearing house that my new enrollment status will be sent to so that the loan agencies know that I haven’t just stopped going to school (and thus cause my loan payments to become due)? Or must I obtain enrollment verification from my current school and send it to each loan agency myself?