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Archive for November, 2012

Student-Loan Delinquencies Now Surpass Credit Cards

Thursday, November 29th, 2012

Written by: James Mash Even as the U.S. economy shows some signs of improvement, there are still many Americans who are lagging behind when it comes to meeting their student-loan repayments. According to recent figures released by the New York Federal Reserve Bank, there is a big proportion of student loan balances in delinquency. Most […]

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Understanding Defaulted Student Loans

Tuesday, November 13th, 2012

What is default? To default means you failed to make your payments on your student loan as scheduled according to the terms of your promissory note. How is missing a payment a problem? Your loan becomes delinquent the first day after you miss a payment. The delinquency will continue until all payments are made to […]

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Election will affect student loans, Pell Grants

Friday, November 2nd, 2012

An article on how this election will impact the future of student loans was posted by Leila Mustafa of The Daily Campus. It discussed the different courses of action that would be taken by the candidates. I believe that each of the different programs has benefits and drawbacks. The election is less than one week […]

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