08/04/05
Students get creative to pay off loans
"If you've already used your one-time ticket to consolidate your student loans and you're
now stuck with a less than attractive rate, it pays to get creative."
MSNBC/Associated Press - New York
05/17/05
Student Loan Consolidation Limits Eased
"The Education Department agreed yesterday that student borrowers who are still in
school may consolidate their government-guaranteed loans -- a step that clears the
way for students to lock in today's low interest rates."
Washington Post - Washington,DC,USA
04/25/05
Student loans: Consider consolidation
"Rate hikes likely are on tap, and rules governing consolidation may change, making it less appealing"
CNN - USA
04/04/05
Financial lessons present for college graduates
The topic: "With the past, present and future in mind, let’s consider what a college graduate needs to do to ensure a secure
and stable financial life." Check this: "First, if you have student loans, consolidate them."
Eastern Echo - Ypsilanti, Michigan, USA
03/22/05
Strategies for loans at graduation
An excellent article that explains "...why students should not wait until the last minute before deciding whether and with
whom they want to consolidate" among other things.
San Francisco Chronicle - USA
03/11/05
Student Loan Rates to Increase 35% July 1; Consolidating Now May Save Students Thousands of Dollars
Important stuff: "On July 1, 2005, Federal Student loans rates will increase by 35-40%. Students who have graduated or are about to graduate need to
act now to consolidate their loans to lock in the current interest rates which are the lowest in over 38 years."
Collegiate Presswire (press release) - USA
Lock in low student loan rate
A brief article with good advice: "Lenders offer a variety of payment choices, including plans that are based on your
income and others that allow you to defer payments for as long as three years, based on economic hardship."
Collegiate Presswire (press release) - USA
03/10/05
How to Get Out of Debt and Get Rich
If you haven't already consolidated your student loans, do so before June 30: "Consolidation rates are the lowest ever," she says,
"and if you agree to have the payment automatically withdrawn from your checking account, they'll usually knock another quarter
point off the rate."
Reader's Digest - Pleasantville,NY,USA
03/08/05
Consolidating student loans now means a lower interest rate later
Great article! "Unless short-term interest rates fall between now and the May T-bill auction, which appears unlikely, rates on student loans will
edge above 5% in July, the highest rate since 2002. The current rate on federal student loans is 3.37%."
USA Today - USA
03/06/05
DebtFreeSettlement.com Offers Alternative Solutions to People with Debt Problems
"Students who have taken a student loan can significantly lower their monthly payment by lengthening the term of your loan,
with no prepayment penalties..." Emediawire (press release) - Ferndale,WA,USA
03/02/05
Time is right to consolidate student loans
From the article: Indications are that the low rates won't last, says Mark Brenner, president of College Loan Corporation,
a student-loan provider. "Now is your time," he says. New York Daily News - New York,NY,USA
03/01/05
Drastic Student Loan Consolidation Changes in Proposed 2006...
The most important part of the article: "First and most important, the 2006 budget proposes replacing the fixed rate benefits of
student loan consolidation with a variable rate formula equal to current loan balances. This would mean that students, currently
locking in rates of 2.875%, would end up with variable rate loans that could reach as high as 8.25%, a potential 300% increase in
rates." PR Web (press release) - Ferndale,WA,USA
A Guide to Student Aid Programs
"The federal tax code has ways to help financially strapped families that are more generous this year if you know the ABCs of
education tax breaks." The article also mentions the proposed change to the consolidation system.
13WHAM-TV - Rochester,NY,USA