Tag Archives | federal student loans

Parents Borrowing for College

Are you a parent looking for a college loan? Most of the press attention is focused on college loans that students take out, but there are parent loans as well. Today, I’m going to focus on  PLUS Loans and home equity lines. PLUS Loan For  parents, the federal government offers PLUS Loans. At first blush, […]

Continue Reading 0

Stafford Loans: Borrowing for College

It’s that time of year when parents, as well as new and returning college students, start thinking about college loans. Consequently, today I want to answer a few questions about Stafford Loans, which are the most popular federal student loans. Here are the questions: Question No. 1: Are there different kinds of Stafford Loans?   […]

Continue Reading 3

Kicking Private Student Loan Lenders to the Curb

Tell me if this makes sense: When private lenders got into the federal student loan business years ago, the federal government guaranteed that it would step in when student borrowers defaulted on their federal loans. The  government (us taxpayers) also gave the student loan lenders a fat subsidy to participate in this virtually risk-free business. […]

Continue Reading 0