What is Pay As You Earn? Pay As You Earn is a repayment plan for eligible Direct Loans that is designed to limit your required monthly payment to an amount that is affordable based on your income and family size.…
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Sen. Warren Introduces the Bank on Students Loan Fairness Act
by Eric Carnegie •
Senator Warren Introduces the Bank on Students Loan Fairness Act, her first piece of stand-alone legislation, on May 8, 2013. The bill would would students who are eligible for federally subsidized Stafford loans to borrow at the same rate the…
Book Review: Personal Bankruptcy Laws For Dummies — Introduction
by Rebecca Douglas •
I’m a graduating high school senior about to go off to college, which means it’s a period of big changes. Gone are the times when I could rely on my parents to generate income and pay expenses—if I want to…
Understanding the Benefits of Business Credit Cards
by Noreen Ruth •
Business owners are a hard working lot, willing to take risks and learn from their mistakes. They are generally educated and not inclined to handle money frivolously. According to the National Federation of Independent Businesses (NFIB), sixty percent of small…
Claim a Scholarship and Stay Out Of Student Loan Debt
by Mans Dee •
A family friend of mine recently confided in me that he was shocked to find out that his son is to repay student loans totalling up to $50,000 upon graduating. “I thought the amount was half of that,” he said…