All Questions
Tagged with loans student-loan
87
questions
6
votes
2
answers
1k
views
Should I seek loan forgiveness, or paying off my loan quicker?
A little background: I am a public worker who recently learned about a loan forgiveness program. I have already been paying off this loan (since before the program began) and was not aware of the ...
- 4,374
2
votes
2
answers
228
views
Will I, as a CS student, be allowed to take loans for paying the fees of Ivy Leagues?
I am non-US citizen hoping to study in US. I have a good chance of getting admitted in one of the Ivy leagues in US. Considering that my family has no property large enough to take a hefty loan on, ...
- 31
0
votes
1
answer
204
views
When should I reduce my student loan payments in order to save up for a down payment on another loan?
I'm currently paying off a little over $13,500 of student loans, at a rate of $300 a month and accrues approximately $60 of interest each month. My bi-weekly take-home salary is approximately $1,350 (...
- 4,374
3
votes
1
answer
454
views
How to find the right credit union?
I have 3 months left in grad school, currently with about $50,000 in student loans (most of it at 6% interest). I also need to finance or lease a used car. Suppose I select a car with a sticker price ...
- 451
2
votes
1
answer
609
views
Borrowing money for study abroad...student loans don't apply
I have applied for a masters program in Spain, and I was accepted (yay!). However, now I am faced with the daunting task of determining how I am going to pay for it. My university in Spain is not ...
- 21
3
votes
3
answers
2k
views
Chipping away at large loan, or get rid of smaller ones? Student debt
I am currently $50k in debt from school. I have $9,500 in saving specifically saved for paying off student loans. I am wondering if I could get some quick advice as to what/why I should be paying off. ...
- 823
0
votes
2
answers
2k
views
Formula for how to distribute a loan payment between multiple loans such that the remaining principal accrues the least interest?
Assume 4 loans (Balance @ p.a. interest):
$10,000 @ 5.5%
$5,500 @ 7.25%
$2,000 @ 5.5%
$1,000 @ 4.5%
If I am looking to pay $7,250 towards principal only, how would I calculate the ...
- 263
4
votes
2
answers
1k
views
Taking out a private loan to pay off student loans
My wife and I have a large sum of student loans (>150k together). She is now out of school and I'm in the latter years of a PhD program. So we both have steady incomes. My loans are from the ...
- 205
-10
votes
3
answers
608
views
Balancing an Interest Accrual Rate Between multiple loans
Tags: multiple student loans , balancing interest accruals , student loan help
- 11
3
votes
1
answer
215
views
How can I pay off my school loans (denominated in dollars) with Euros without an exchange fee?
I will soon begin earning an income in Europe and
paying off school loans in the U.S.
Any way to do this without paying an extra exchange fee?
- 31
1
vote
2
answers
297
views
How to make spreadsheet to plan loan payments
I am trying to make a budget/schedule for after college. Basically I have rows of income/expense line items (one being for payment of each debt) and then a section for my debts. The columns are month ...
- 113
5
votes
1
answer
330
views
Is it common for student loan debt to be paid with another loan found at lower interest?
I currently have 22k in student loans at 6.55% interest. I checked my credit score and it was 706 a couple of weeks ago. I am a recent college grad with a decent paying job right out of college. What ...
- 788
8
votes
2
answers
7k
views
Is there a most efficient way to pay off multiple loans with the same interest rate?
My Situation:
About $36k USD in graduate student loans.
There are 4 different federal loans in play, each with a fixed rate of 6.8%.
$12k w/ ~$1.2k in unpaid interest
$10k w/ ~$1k in unpaid ...
- 357
6
votes
1
answer
253
views
Verification of student loan amounts
I consolidated my student loan debt with FedLoan a year or two after graduation.
Is there an easy way to verify that my current balances are accurate? Is this something an accountant would handle, or ...
- 161
5
votes
2
answers
1k
views
Do I have an option to transfer parent plus loans to myself?
My wife and I are currently about to start our payments for student loans. All of our loans are federal student loans through Direct Loans. We also have a parent plus loan, which is technically under ...
- 271