Who would have known that being in debt because of student loans can cause armed U.S. Marshall’s to show up to your home and arrest you. Paul Aker says he was at his home when he opened his door to seven armed U.S. marshals ready to arrest him over 29 year-old student loan of $1,500.
Obama Wants To Ease Your Student Loan Burden! Find Out How!
Say what you want but Obama really is out to protect the little guy. The White House is saying that President Obama plans to announce Monday that he’s expanding an existing program which prevents borrowers from having to pay more than 10% of their monthly income. Find out what else Obama is planning for graduates after the jump!
Student Loan Rates DOUBLED?!
Congress hasn’t made a deal to set rates for student loans…what does that mean…? Both political parties are blaming each other, but I AM blaming them both. With lack of support and slow to come to a decision, students will go from having 3.4% interest rates to 6.8%. The deadline to come to a decision was July 1st (came and went), so now people like myself are paranoid for the future. I’m too through. If you’re a student, you’re going to want to watch this. If you want your child to go to college, you’re going to want to watch this. Hit the jump!
All They Want Is MONEY! House Passes Student Loan Bill!
The government can’t make money any other way, so they come for the pockets of of students that want to make a future for themselves. This student loan madness is NO JOKE, and the old rich folks don’t understand it, because when they were between the ages of 18-24, an education didn’t cost them their limbs. Currently, the interest rates are 3.4% for subsidized and 6.8% for unsubsidized loans, and the talk of politicians is that these rates are going to DOUBLE on July 1st! Lawmakers are claiming that both Republicans and Democrats wanted to avoid the increase (BULL!), but the division comes to HOW. Drop down below for more on this numbers game.
Cheaper Student Loans The Banks Don’t Want You To Know About
For all of the students out there who are graduating or still attending school, there is a way to lessen your monthly payments and wipe out your debt after 15 years. Banks know about this program but they are not obligated to tell you. Click below to find out. Jason J.
