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.…
student loans
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…
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…
Private Loans vs. Home Equity Loan for Students
by Eric Carnegie •
As I said, I do not like the federal student loans that were presented to me, not a bit. But what does not work for me may work for you, so just to present a full pictures, In this article I…
A Buy or Rent Decision for My Tenant
by Eric Carnegie •
As I said earlier, I have several rental homes that I bought in order to manufacture some capital gain. Now that kids are going to school now and the heavy tuition burden calls for my selling some or all of…