Author: E. Pohland

How Long Does It Take to Get Approved for a Private Student Loan?

Over the past twenty years, the cost of a college education has skyrocketed. As a result, the national student loan debt toll has climbed to over 1.5 trillion dollars — and it only continues to rise. The average American would have a difficult time trying to pay for college out-of-pocket. This leaves many students turning to student loans to cover the gap.While federal student loans are the best option for most borrowers, the amount that an undergraduate student can borrow is limited to just $57,500 for all four years of college. Even if a student attends a less expensive...

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Student Loans for Immigrants

The face of American higher education is changing. More than 1,000,000 foreign students are currently enrolled in U.S. colleges and universities and that number is only growing.However, some of these immigrants may not be naturalized citizens or lawful permanent residents. So, their financial aid options are limited.Of the 43.7 million immigrants living in the United States as of 2016, 49 percent were naturalized citizens, according to the Migration Policy Institute. The remaining 51 percent were either lawful permanent residents, undocumented immigrants, or legal residents on temporary visas.An immigrant does have a more difficult path to obtaining financial aid, but...

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How Long Does It Take to Pay Off Student Loans?

For many college graduates, student loans are an unfortunate reality. With the cost of college rapidly outpacing inflation, most students have no choice but to take on debt in order to obtain an education. This leaves many struggling with large monthly payments after graduation and attempting to balance student loan obligations with other goals, like saving for retirement or for a down payment on a house.If you are like many graduates, you want to pay off your loans as quickly as possible—but you aren’t exactly sure how to go about doing it. A good place to start is understanding...

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How to Defer Student Loans?

If you are going through a difficult time in life or are simply returning to school, student loan deferment might be a good choice for you. This option allows you to put your student loans on “pause” for a period of time.Deferment can be helpful if you are unemployed, disabled, or are simply heading back to obtain another degree and cannot afford your student loan payments but there are downsides to consider.This article outlines the basics of student loan deferment, from when it is available to what you can do if you do not qualify. For a better understanding...

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How to Find Free Student Loan Help When Paying Off Your Loans

Tens of millions of Americans have student loan debt. Many of those borrowers have problems with their student loans, whether it involves difficulty paying their loans or an issue with their student loan servicers. The question for many borrowers is how exactly to get free student loan help.The world of student loans is often complex, and finding answers to your questions can be confusing—especially if you are already overwhelmed by the stress of dealing with your debt.Read on to learn more about what you can do if you need free help paying off your student loans.I Have a Complaint...

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