Tag Archives: federal student loans

Interest Rates on Federal Student Loans to Double

Photo Credit: Bark Interest rates on federal student loans will double unless Congress takes action by this summer to keep the low rates in place. Currently federal student loans pay 3.4% interest but that rate is set to expire this summer. So unless Congress takes action to keep the rates low they will revert back [...]

I’d Like to Consolidate My Federal Student Loan, Private Student Loan and Credit Card Debt Into One Debt Consolidation Loan. – Jane

“Dear Steve, My husband & I have been married 6 years and have two children. One of us has been in school the entire time until he graduated a few months ago. He has a well-paying job now and I’m self-employed. We have a decent income for where we live, but now with the school [...]

Can I Legally Do Anything to Eliminate Some of My Crushing Student Loan Balance? – Mark

“Dear Steve, I borrowed around fifteen thousand dollars at eight percent in federal student loans to help pay for college. Four thousand was unsubsidized. That was many years back. I have been working as a substitute teacher, but only earn barely enough to survive. Sometimes I don’t even get calls to work. I have state [...]

Alex is Buried in Student Loan Payments

“Dear Steve, I have Federal Student loans dating back to ’94/95. My situation was unusual. I first attended MBA school and left after a semester because I also got accepted to Law School at a different university. I went to Law School for a year and a half only to realize it wasn’t what I [...]