8 dating daughter rule show simple teenage tv - Consolidating law school student loans
Below we've ranked the leading student loan refinancing and consolidation companies. There are many different benefits and drawbacks of what each student loan consolidation and refinancing lender offers, and it is important to be aware of all of them.
With an average balance of $28,400, student debt is a big part of the average college graduate's life.
At Lend EDU, we help borrowers compare the top student loan companies in one place.
Student loan debt is the only debt that in 99.9999999% of the cases cannot be discharged in bankruptcy. Banks aren’t regulated like the federal government, where the maximum interest rate on a Stafford Loan is 6.8%, on a Plus Loan you’re looking at 7.9%, 8%…bank loans have the ability to go to 15, 18, 19%. First, it is important to understand some basis concepts of student loans.
The federal loan debt that you can incur from the Stafford Loans usually does not pay for the cost of a university education. And the United States government bankruptcy laws protect those banks. The principal is the amount of the loan that you took out.
While your education is likely to be the best investment you ever will make, we urge you to be as prudent as possible in your borrowing.