create your own

Higher Eduction Student Loans

63
rate or flag this page

By Investor Jim


Let's face the facts, getting a college education is a great deal when you think about it. Sure you need to pay out the yin yang now (learnin' aint cheap) but in the long run it will cover itself many many times over. I've for a long time said that a university eduction should cost MORE then it does so it would more closely reflect the real value, but finding people who agree with me are few and far in between. Anyway...

One reason why college costing so much is ok in my books (besides the great value mentioned above) is that it is easy to get higher education student loans. And the even better thing is the higher you go the easier the loans come. Want to do a graduate degree? Well there are companies that give graduate student loans, and they know you'll pay them back (not like those lousy arts majors) so they give a lot of principal at good rates. All you need to do is look around the internet and you'll find lots of places offering higher education student loans.


What To Look For When Getting A Higher Eduction Student Loan

There are a few key things you need to take notice of before you jump head first into loans for students.

1 - Don't get more than you need. Lots os people get sucked into the trap of getting huge student loans even though all they really require to get by is a little help. Companies give you these big loans and then you'll be stuck with them forever paying them off.

2 - Get a fair interest rate. When you get a loan the terms it will most likley be described in is "prime + x". The lower the X the better. It should be around 0.5%, and I certainly wouldn't go higher then 1%.

3 - Spend the loan wisely. This isn't Katie's pesonal fun fund. It's for school. Use it to pay for tuition. If you want to buy food then fine, but don't allow yourself to burn through all your cash paying for beers at the campus pub.

Poll

Do you have a student loan?

  • Got one and it's still growing
  • Starting to pay the bugger off
  • All gone... finally
  • Never had to get one... thanks mom and dad
  • Learnin' is for sucker
See results without voting

Comments

RSS for comments on this Hub

Old Student  says:
6 months ago

When I went back to school I looked around a lot for mature student education loans and was suprised at how much there was out there. People can find what they want as long as they keep looking until they find the best student loan deals.

Submit a Comment

Members and Guests

Sign in or sign up and post using a hubpages account.


optional


  • No HTML is allowed in comments, but URLs will be hyperlinked
  • Comments are not for promoting your hubs or other sites

Student Loans in the News

  • Community College Students Default on Student LoansWOWT Omaha2 days ago

    Nearly 17 percent of Iowa community college students default on student loans within three years of graduating.

  • Changes for student loans are expectedTulsa World24 hours ago

    Big changes may be coming soon to the student loan industry, and those involved are preparing for the adjustments.

  • 17% Community college students default on loansKWWL Iowa32 hours ago

    WATERLOO (KWWL) -- Nearly 17 percent of Iowa community college students default on their student loans within three years of graduating. New federal data shows the default rate is more than five times

  • Making College 'Relevant'Pittsburgh Post-Gazette25 hours ago

    THOMAS COLLEGE, a liberal arts school in Maine, advertises itself as Home of the Guaranteed Job! Students who can't find work in their fields within six months of graduation can come back to take classes free, or have the college pay their student loans for a year.

  • Community college loan default rate 16.7 percentThe Globe Gazette26 hours ago

    DES MOINES (AP) — One out of six students who borrow money to attend community college in Iowa defaults on student loans in the first three years out of school, federal data shows.

  • College Students Say They Were Misled About Student LoansWXII-TV Winston-Salem6 days ago

    Some teachers working on advanced degrees at Montreat College said they were misled about student loans.

  • Community college loan default rate 16.7 percentSan Francisco Chronicle2 days ago

    Nearly 17 percent of Iowa community college students default on student loans within three years of graduating. Federal data shows the default rate is more than five times the average for students who attend Iowa's state-run universities and three times the... Iowa - Community college - Education - United States - Colleges and Universities

  • Iowa community college default rate 16.7 percentPost-Bulletin2 days ago

    DES MOINES, Iowa -- One out of six students who borrow money to attend community college in Iowa defaults on student loans in the first three years out of school, federal data shows. The default rate is more than fiv

  • How Swaps Work

    There are different kinds of swaps available in the market but for the purpose of this article, the focus would be on currency swaps. This kind of swap is an over the counter derivative, meaning they are readily available in the market. Under the currency swap, there are still more complicated swaps like cross-currency interest [...] - 3 weeks ago

  • Day to Day Life Can Be Easier with the Right Financial Software

    Do you find it quite challenging to balance your paycheck every single month? Do you feel as if you earn too little for your needs? If you have answered yes to any of the two questions then you are not so different from the millions of Americans whose lives have been somehow affected by bills, [...] - 3 weeks ago

  • The 411 on Day Trading Software

    To make money continuously through the use of a best stock software can take a considerable amount of time and can be quite difficult at times but that doesn’t mean that it won’t work. In fact, it does work but takes quite a bit of effort from you as well. There are also ways [...] - 5 months ago

  • Is Day Trading Software Right for You?

    So you’ve finally decided to take the plunge and join the fast and thrilling world of day trading. I’m sure that you spend most of your time researching for various strategies and techniques that could possibly help you become a more informed, efficient and profitable trader. The question is, have you ever tried using a [...] - 5 months ago

  • Today’s Business Books The Message They Send

    Many people who run a business would do all they can to improve their knowledge and gain enough information to make their business a success. To do so, many entrepreneurs interpret this as setting aside some time to take a business course, which many people who run a business usually have no time for. There is [...] - 5 months ago

working