by May 16th, 2010. Filed under: Financial Aid.
ats5021 asked:
I recently graduated from college with $131,000 in student debt. I have obtained a full-time job but am only making about $2,000/month. As it stands right now my monthly payments will be greater than my income (excluding any type of rent or other living expenses). I desperately am in need of some sort of consolidation product that would lower my monthly payment at this time.
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I recently graduated from college with $131,000 in student debt. I have obtained a full-time job but am only making about $2,000/month. As it stands right now my monthly payments will be greater than my income (excluding any type of rent or other living expenses). I desperately am in need of some sort of consolidation product that would lower my monthly payment at this time.
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Filed under: Financial Aid
May 18th, 2010 at 6:54 pm
Kansieo.com
ats:
Start out by investigating the Federal Direct Consolidation Loan program – the federal loan consolidation division of the US Department of Education. You can find the information and application for this loan here:
Start with the menu along the lefthand side of the page – there’s helpful advice on the whole process “Should I consolidate?”, “How Do I Benefit”, and “What Loans Can I Consolidate” among other topics.
You can’t get any more “credible” than the Department of Education, right? Good luck!
May 20th, 2010 at 8:03 am
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I read on article addressing this issue at this website,
I can’t remember the exact article though but you should go through the articles or use their search function to find what you are looking for. It’s been a while since I last went to that site though.