Less Trainees Get Loans

A current report from Sallie Mae shows that student loans are not, contrary to what lots of individuals believe, the primary source of financing for the majority of college educations. In fact, over 70 percent of all students enrolled in the 2015-16 school year did not get any student loans. Instead, they made usageutilized their…

[Continue reading]

Benefits And Drawbacks Of Private Trainee Loans

There are a variety of different types of federal trainee loans, grants, and programs such as work-study that can help students spend for college, however those who use late might misslose out on mostthe majority of this financial helpfinancial assistance. Luckily, there is another alternative: personal trainee loans. These loans often have due dates after…

[Continue reading]

How Are Students Financing Their Education?

KSDK – A recent report from Sallie Mae shows that trainee loans are not, contrary to exactly what lots of individualsmany individuals believe, the main source of funding for the majority of college educations.In reality, over 70 percent of all students enrolled in the 2015-16 academic year did not get any trainee loans. Instead, they…

[Continue reading]

Chesterfield-based MOHELA To Include 365 Jobs

Since 2011, MOHELA has currently boosted employment by 300 individuals. The increase came despite a congressional overhaul of the student loan market that made the federal government the direct lender for greatercollege loans rather than a guarantor of private loans.While that indicated entities like MOHELA might not directly issue new federal student loans, it likewise…

[Continue reading]

Student Loan: Trainees Do Not Have Access To Federal Loans?

Findings of these investigates raise issues about the affordability of college and trainee loans. Most students only applymake an application for whatever loans they discover and these cause having lots of financial obligations. Trainees would then needhave to pay high interest than they need to be. The study in California recommends that one out of…

[Continue reading]

MOHELA: Tips For Working With Your Student Loan Servicer

MOHELA at a glance A nonprofit servicer of federal and private loans, headquartered in St. Louis, Missouri.Phone number: 888-866-4352. Staffed from 7 am to 9 pm Central time Monday through Thursday and from 7 am to 5 pm Friday.You can likewise get in touch with MOHELA through its site and on Twitter and facebook.

[Continue reading]