17 September 2007

College money

Lots of our friends have children who are either about to go to University, or are already there and they all have to deal with the issue of how to finance their studies. There is a standard set of financing options available at the beginning of the course but later on, the loan repayments can become unmanageable. When they have raised Private Student Loans and later on they start a job, get married, etc, their finances have to stretch a bit further: that is when people think about Student Loan Consolidation. Thngs can also get just as difficult for their parents who may have raised their Parent Plus Loans, if circumstances change a couple of years down the line.

The options with Student Loan Consolidation are very useful: they help the student, graduate or parent to reduce their monthly outgoings as well as roll all the loans up into one single transaction making it much easier to predict expenses and set a realistic budget.

Several of our acquaintances have already got advice on their Student Loan Consolidation options, and they are much happier with their financial positions - they can even start thinking about spending a little cash left over at the end of each month. That is, after all, the reason why you study for a degree!

Labels:

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home Business Reviews