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Archive for the 'Federal College Loans' Category

Q&A: When applying for a federal loan for college is there a limit on how much one can borrow?

Posted on July 18, 2011 - Filed Under Federal College Loans | Leave a Comment

Question by Lakers in ‘11: When applying for a federal loan for college is there a limit on how much one can borrow?
can you borrow 10000 or more or is there a cap that one must stay below?
im going to be a freshman in college in the fall 2009.
Best answer:
Answer by Suddenly HumanYes, there is [...]

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Is it better to pay for college out of pocket or through federal loans?

Posted on July 17, 2011 - Filed Under Federal College Loans | Leave a Comment

Question by BonitaFilipina: Is it better to pay for college out of pocket or through federal loans?
Best answer:
Answer by jmwestIf you have the money to pay out of pocket or can work and afford to pay, do that. I have about 22,000 in student loans, believe me, you want to be debt-free!
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I consolidated my federal student loans many years ago at 9 percent. If I take out a small college loan…?

Posted on July 16, 2011 - Filed Under Federal College Loans | Leave a Comment

Question by Eddie Cacciatore, Private Eye: I consolidated my federal student loans many years ago at 9 percent. If I take out a small college loan…?
Can I re-consolidate at a better rate? I can take two courses at the local graduate school, take out a tiny loan, and then re-consolidate?
Any non-spammer will get 10 points.
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