Graduate Student Loans Student Loans |
- Graduate Student Loans
- Paying for partners student loan dent
- What degree did u guys get how much in loans do u have?
- Denied for parent plus loan
- crosspost from /r/pslf - Fedloans will no longer be the PSLF servicer
- Credit being negatively affected by high student loan balance
- Help
- Borrower Defense to Repayment - Shot in the Dark ⚫
- Confused about consolidating a parent plus loan
- Borrowing against a trust
- Accrued interest from previous servicer dropped off student loan after refinancing?
- Canada - SK Student loan and Mat leave
- Slowly refinancing federal loans
- Should I get my master's in one year for $40k in student loans?
- What does "Loan Period" mean?
- Chances I could get a hold on my student loans?
- IBR After Getting a Better Job
- IBR payment scenario
- Any advice on a private student loan at a private college in Bremen, Germany
- From who is the best place to get a small loan?
- Considering student loan consolidation, but worried about impact on credit score.
- Is Navient stealing my money?
| Posted: 08 Jul 2021 07:39 PM PDT Hi, I have no experience with student loans and I was fortunate enough to do my undergrad education through scholarships. I was wondering, is there no way to get subsidized loans for graduate students?? If anyone has any advice in regards to graduate students loans I would heavily appreciate it... [link] [comments]  |
| Paying for partners student loan dent Posted: 08 Jul 2021 09:23 AM PDT Hi guys, I'm (25f) planning on paying off my partner's (31m) student loan debt. We have been together for a bit over 5 years and he has always supported me. We took turns alternating with school and work and he was the first to take time off to work full time for me. It's been amazing. Now I'm entering a new field of work and will be bringing in enough to support us both. That being said.. with the extra money I'll have left over I want to save it and pay off his debt in about 3-4 months. It's a grand total of 9k. I'm just wondering, do you think it's a good idea? Im interested in investing 1/3 of the extra to keep adding new revenues of money. I know I will not regret it and I'm thankful to him. I know he'd do the same. Update: You guys are totally right. I'll soon have a sit down with my partner so we can discuss our finances together. A large part of me wanted to just thank him with that since all of our finances are mingled. I know for certain he's the one and we will make it official in the next few years. (: (in response to a comment below) thank you guys for helping me be more level headed. I'm not used to being so financially able to support us so it really got to my head. I would appreciate any tips for financial wellness. (Stocks, retirement, do's and dont's) I'm first generation American so I don't really have the family to teach me about keeping wealth here. Thank you all! [link] [comments]  |
| What degree did u guys get how much in loans do u have? Posted: 08 Jul 2021 01:30 PM PDT I'm 20 go to community college. What advice would u give to me? I'm thinking about doing cyber security or somethjng technology related [link] [comments]  |
| Posted: 08 Jul 2021 05:44 PM PDT My daughter is to soon start college on the fall. She is going out of state and they have her down for me to take out 20k in parent plus loans. I applied and was denied. Now I'm worried she won't be able to go to her dream college. Any advice on what to do? Thanks in advance. [link] [comments]  |
| crosspost from /r/pslf - Fedloans will no longer be the PSLF servicer Posted: 08 Jul 2021 09:10 AM PDT If we can - maybe let's try and keep the conversation under the PSLF sub. https://www.reddit.com/r/PSLF/comments/oga0ou/pheaa_plans_to_stop_servicing_federal_student/? [link] [comments]  |
| Credit being negatively affected by high student loan balance Posted: 08 Jul 2021 06:00 AM PDT My credit score is currently in the ~790 range, but I always see a "utilization on loans is too high" in regards to my federal student loans. I have four separate student loans for a total of $28k. Two of those loans are for less than $1k. By putting a couple hundred towards both of those smaller loans, would that make my utilization amount lower (and therefore increase my credit score)? I wasn't sure if the four loans would be evaluated separately or cumulatively (they are all from the same provider). [link] [comments]  |
| Posted: 08 Jul 2021 05:53 PM PDT I need help understanding where to go from where I am at in the student loan process. I applied for aid by completing the fafsa but my dad makes too much on paper to get money from the government. In reality, he is in debt and has a negative net worth. His credit score is wrecked and he can't sign off on a loan for me. I have around 10,000 saved right now and need to know where to go from here. Please help me!! Is there any loan i can get without a co-signer because i don't have a credit score?? Thank you in advance :) [link] [comments]  |
| Borrower Defense to Repayment - Shot in the Dark ⚫ Posted: 08 Jul 2021 07:28 PM PDT Please Read this For Background in Regards to my Question(s): https://www.ftc.gov/enforcement/cases-proceedings/refunds/university-phoenix-settlement-payments I was enrolled in masters, bachelors, or associates degree program at The University of Phoenix between October 15, 2012 and December 31, 2016 and have received the referenced FTC Settlement amount, it was tiny (<$300.00 total). I have been unenrolled for awhile now (since before January 8, 2020 as mandated, hence receiving a settlement check) and finished out my preferred schooling elsewhere after realizing the school was not going to help me progress and falling into more and more debt taking classes that wouldn't transfer to other schools. I considered the school a "bridge" while I situated after a tough time personally. I went to the school thinking "my dad works at AT&T \still does* as does my Mother-in-Law *still does*, my grandfather and grandmother retired from the company, AND my mother worked there for years when I grew up- this is perfect, it could give me the stability I need*". However I now I have that Student Loan as my only student loan (approx. $20,000 after interest- I am fortunate still I am aware). I wanted to look into the Borrower Defense Loan Discharge.
Is this something anyone from UoP, who has also received the FTC Settlement mentioned above, has seen success with? Or anyone seen success with at all? [link] [comments]  |
| Confused about consolidating a parent plus loan Posted: 08 Jul 2021 10:08 PM PDT Hello, I'm a bit confused about some advice I've read/heard about consolidating parent plus loans. For example, I've read on here that if we consolidate, I think what I've read is basically: we're converting a federal loan into a private one, and so losing some federal protections. That said, our parent plus loan payments never ceased during the pandemic, meaning they're already privately held. (The 8.5% interest rate certainly indicates predatory rates...) Further, when I called Navient, the helpful lady suggested (I swear) that we "consolidate it into a federal loan" and then apply for income-based repayment. I'm thinking I must've misheard her, but nevertheless, is there anything we should be aware of before heading over to studentaid.gov and shopping for a new creditor? Thank you! [link] [comments]  |
| Posted: 08 Jul 2021 09:30 PM PDT Hello, When my Grandpa passed away (RIP) he left me a decent inheritance but decided to lock it away in a very complex trust. Due to the terms of his trust and will, I cannot withdraw any money from it for another 10 years. I also cannot petition or legally challenge the terms of the trust in court. It's airtight. I've fallen on some hard times (car accident, medical bills, large decrease in income) and would like to purchase some reliable transportation and perhaps a new trailer to live in. I am also going to university (I am 25) and could always use the help tuition. So my question is, is there any way I can get a student loan or other kind of loan that I don't have to make payments on for another 10-11 years? Obviously at the end of 10 years I can pay it back as a lump sum. I don't really want to deal with a ton of debt or a big monthly payment eating away at my already withering monthly income. I would prefer to do this in a manner where I'm not directly borrowing against the trust, or at least without the knowledge of the bank managing it. [link] [comments]  |
| Accrued interest from previous servicer dropped off student loan after refinancing? Posted: 08 Jul 2021 04:54 PM PDT Soooo I finally refinanced for the first time going from Aspire to Earnest since I was able to take about 2% off my interest and for some reason when Earnest took ahold of my loans my interest that was still due on my Aspire account (about $250) dropped off. Is this normal? Also for some reason my Aspire account still says I owe $30 but won't give me the choice to pay off since it says I have no loans with them. That's also something that I feel I need to call to fix but wow they never make it easy when refinancing from what I have heard. [link] [comments]  |
| Canada - SK Student loan and Mat leave Posted: 08 Jul 2021 08:24 PM PDT It seems like this sub is mostly focused on USA student loans but I'm hoping someone in Canada is familiar with a similar situation. My wife and I are expecting our first child in literally a couple weeks. She plans on being in Mat leave for 12 months so roughly until July 2022. I started my studies back in September 2021 and since then I have gone part time at work. Our notice of assessment(NOA) shows our family income at 120k (90k from her and 30k from me). Therefore, our total income for this year will be significantly lower than last years. When I apply for 2021/2022 student loans in SK they will be using our NOAs from last years showing a higher income. Is it unheard of that student loans can re-access your family income since it will be a lot lower this year or am I s.o.l.? To my understand this could affect potential grands. Thanks everyone in advance! [link] [comments]  |
| Slowly refinancing federal loans Posted: 08 Jul 2021 07:18 PM PDT Hey all, I am not counting on federal loans being forgiven anytime soon. I was wondering if it would be a dumb idea to refinance my federal loans (about 50k) after payments on federal loans resume one at a time. I understand that by refinancing, I lose some benefits, but I figured if I refinance one loan at a time (starting with the one with the highest rate) that might minimize the cost of refinancing and help pay them off faster. Of course, since I'm waiting for payments to resume, interest rates might go back up and I might not get a better deal after all. Any advice would be helpful. [link] [comments]  |
| Should I get my master's in one year for $40k in student loans? Posted: 08 Jul 2021 06:31 PM PDT Hello everyone! I am a recent college graduate (21F) considering a master's program at my alma mater. The program is an accelerated master's program I began last semester that would allow me to graduate next Spring (Fall 2022) with my master's in Public Diplomacy. I now have $20k in student loans and will incur $40k in this final year. My question is, do y'all think it's worth it to almost triple my student loan debt for one year of a master's program where the starting salary for my intended career track is at $50-$60k? Any help/insight would be GREATLY appreciated! Thank you in advance! [link] [comments]  |
| Posted: 08 Jul 2021 02:20 PM PDT Today I got approved for a student loan for my fall semester 2021. Part of the information about my loan is: Loan Period: 08/01/2021 to 12/01/2021 Loan Amount: $25,000 If I only use $15,000 for fall2021, can I use the remaining $10,000 to pay for spring2022 tuitions? [link] [comments]  |
| Chances I could get a hold on my student loans? Posted: 08 Jul 2021 05:33 PM PDT I go to school in BYU-Idaho currently, however I'm looking at transferring to Utah Valley University in order to pursue music, as BYUI doesn't offer a lot of the courses I'm looking for. UVU is incredibly cheap for in-state students, but seeing as I'm not a resident of Utah, I wouldn't qualify for in-state tuition. Ideally what I want to do is place a hold on my student loans for a year so I can become a resident of Utah and then transfer over to UVU. I don't want to continue taking classes from BYUI because that would just rack up tuition for classes that I'm not interested in taking. Obviously the best place to ask this question is with my loan provider, but seeing as it's past their customer service hours, I was just wondering if anyone here knew likely it is that I'd be able to obtain a hold on my student loans so that I don't have to start paying them back just yet. Anything you can offer helps, thanks! [link] [comments]  |
| IBR After Getting a Better Job Posted: 08 Jul 2021 11:57 AM PDT I am already on an income-based repayment plan for my federal student loans. If I take a job with a significantly higher salary will my IBR continue at higher payments, or will I be kicked off of it? I've found the online calculators to be very unhelpful in actually estimating my payments. [link] [comments]  |
| Posted: 08 Jul 2021 11:05 AM PDT My wife received a doctorate in PT. We both make decent money (130k together, forecasted to continually grow) but have 2 young kids and a mortgage (195k-15 yr mortgage). She loves her job and isnt interested in the PSLF career options. Her student loans amounted to 240k. We found if we file married jointly, obviously her payment goes up significantly (roughly 800/month). If we file separately and she claims our children her payment is 10/month (yes, unreal). Thats with her working part time for childcare reasons. Her interest accrual will be roughly 13k per year for the next 20 years left until forgiveness through IBR. Hard to estimate which tax bracket we'll be in for the forgiveness year, assuming higher end of 32% bracket, we'd have a tax burden that forgiveness year of 160k, far less than trying to pay those off and get ahead of the interest accrual. She negotiated $750 per month for student loan assistance which ends up just getting bundled onto her hourly wage. We've opted to set aside $800-1000/month (includes the negotiated amount of her salary) into an investment account which will surpass the tax burden at that time in contributions alone, not including compounding interest. Which student loans dont follow compounding interest either. Not to mention our house will be paid off before kids are in college too. If anyone is following a similar situation I'd like to hear about it, or if people have insight on something I could be miscalculating, I would definitely like to hear that too. I'm not a financial advisor but I'm interested in investing so this is something that i came up with based on the frustration of how much the interest accrues yearly. Currently this situation allows us to live comfortably with our young kids and feel like we can still give them things/experiences we didnt have growing up, I took to investing after insight from a successful friend after I had grown up in a very low income family. We dont feel the added stress of overpaying the loans this way but does it make sense? Are we missing anything? Edit: Can the IRS Form 982 be used for student loan forgiveness on that last year when it's actually supposed to be counted as taxable income? Just came across this while doing research. [link] [comments]  |
| Any advice on a private student loan at a private college in Bremen, Germany Posted: 08 Jul 2021 02:16 PM PDT I am referring to Jacobs University Bremen. I applied as a computer science major. : The JUStudyAtEase loan is a really weird and scary loan. What is your take on that on the effect of it on my life after finishing college? ( Explanation below about the loan) - JUStudyAtEase is a loan that supplied 9000 Euros per year for three years. Total = 27000 euros. - The loan is to be paid back by cutting 14.38% of my GROSS income for 10 years. Capped at double also considering inflation. The loan disappears after 20 years. - They have a rule that nothing is deducted if your pay is less than the country's minimum wage, and the loan applies to all countries no matter where you live - The company is called brain capital they started this loan in 2018. They have funded only about 650 students. I also have to pay 8864 euros additional to this loan. Finally, what is your honest advice to a simple kid from Africa who is trying to make it big abroad? Is it worth it? THANK YOU VERY MUCH IN ADVANCE! [link] [comments]  |
| From who is the best place to get a small loan? Posted: 08 Jul 2021 10:14 AM PDT Hello, I am going to college as my first year and am looking to get a loan of about 3000-5000 to cover some extra housing cost I hav an other stuff related to moving. And hav been wondering what would be the best option for me to get a loan at I don't hav much to any credit and am unsure if i can get a cosigner [link] [comments]  |
| Considering student loan consolidation, but worried about impact on credit score. Posted: 08 Jul 2021 10:11 AM PDT Hi everyone, I can't figure out how student loan consolidation will impact my credit score? Will the old student loans drop off my account and no longer impact my average age or credit accounts after consolidating? I would like to consolidate the loans to make it easier to pay, but I will not do it if will drag down the average age of credit accounts more. [link] [comments]  |
| Posted: 08 Jul 2021 06:21 AM PDT I went to ITT Tech back in 2006. I know there is a forgiveness option out there for federal loans due to the ITT Tech lawsuit. This isn't that. This is regarding part of my loan being handled by the private lender, Navient, which doesn't qualify me for the forgiveness portion of the lawsuit. Part of me has been wondering why it is taking too long to pay off $5,200~. When I say too long, I mean this loan is from 2006. Looking through the payment history, the original loan amount was $3,000. There are some late fees in there and I think some of them were charged while I was still in school completing my degree (after I left ITT). However, those late fees were always accounted for on my payments by making a higher payment whenever I had a late payment fee. Here is my concern. My loan was apparently for $3,000 in 2006. I didn't start paying this loan back until 2012 (I was still trying to finish my degree part time so I was in forbearance). I started paying back in 2012 so I know interest accumulated. The payments apparently fluctuate because it's a 13.250% variable interest rate. It's now 2021 and I have paid a total of $10,397.48, where $10,141.52 of that has gone towards interest and only $255.96 has gone towards principal. After that, I still have a balance of $5,287.53. It's projected to be paid off by 2029, which puts me at roughly $15,500-ish for a $3,000 original loan amount. That's 5 times the cost of the original loan. Does this sound right? This is just robbery for a student loan for a school I couldn't do anything with and had to transfer to another school to complete my degree. It is what it is and I just have to get through this but looking for any insight, if possible. Thanks! [link] [comments]  |
| You are subscribed to email updates from /r/StudentLoans: Reddit's hub for advice, articles, and discussion about educational loans. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment