Author: Drew Cloud

Stafford Loan Guide

Stafford loans are the way that most students pay for their college education funds. In fact, this is one of the most commonly taken out loans. When it comes to the Stafford Loans, there are both subsidized and unsubsidized types and each can be used by both undergraduates and graduates. These Stafford Loans are offered to students through the U.S. Department of Education, like Perkins Loans, Parent PLUS Loans, and Grad PLUS Loans.What are Stafford Loans?Subsidized Stafford loans are available to all undergraduate students that have some type of financial need for the loan. The amount that you are eligible to...

Read More

Student Loans Without a Cosigner Guide

If you are getting ready to head off to college, you are probably excited and trying to gather as much information as you can before the big move. One thing to keep in mind is that you may need to use student loans to pay for your college experience as do many other students.When it comes to the loan itself, you may want one without a cosigner because either you do not have someone to be one or because you simply want to be independent. Either way, there are student loans that do not require you to have a cosigner...

Read More

Forbearance & Deferment Guide

Let’s face it – sometimes it is difficult to pay back your student loans right away when you graduate or drop out of college. When this happens, you may struggle to make the required payments on your account and it may stress you out. If you are having trouble affording the payments, you can apply for a deferment or forbearance to help you reduce your student loan payments. Deferment and forbearance are options that either reduce or postpone your federal student loan payments and these options are available to help you avoid going into default on your loans. Below,...

Read More

Student Loan Hero | The Student Report Review Series

As the cost of college continues to rise, more and more students are taking out student loans to help finance their education. Actually, 7 out of 10 students graduate with some form of student loan debt. The student loan crisis is gathering media attention almost every day and people are starting to realize how big of a problem it really is. Many students don’t understand their loans and have no plan for repayment after graduation. This is why Andy Josuweit started Student Loan Hero. He had $104,000 in student loan debt from over 16 different loans and struggled to...

Read More