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Strada Education Network is a non-profit corporation which assists students into post-secondary education by providing financial support and other help. [1] USA Funds links colleges, universities, proprietary schools, private lenders, students and parents to promote financial access to higher learning.
As the cost of education soars, student loans are increasingly necessary for many aspiring college students. However, borrowing thousands of dollars can have significant financial implications that...
"The Origins of the Student Loan Industry in the United States: Richard Cornuelle, United Student Aid Funds, and the Creation of the Guaranteed Student Loan Program." Journal of American History 110(4): 667–688. Loonin, Deanne. Student loan law: Collections, intercepts, deferments, discharges, repayment plans, and trade school abuses.
An education loan is a loan taken out by the student (or parent) to pay for educational expenses. Unlike scholarships and grants, this money must be repaid with interest. Educational loan options include federal student loans, federal parent loans, private loans, and consolidation loans.
The CARES Act of 2020 allowed borrowers to pause their payments on federal student loan debt without accruing any new interest. After several extensions, that deferment period is finally set to ...
Many student loan borrowers turn to income-driven repayment plans (IDRs) if they qualify for it. An income-driven repayment plan is an affordable payment plan for federal student loans.
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