Comments on: Students Scramble to Find Student Loans as Fall Semester Draws Near http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/ Sun, 06 Jun 2010 09:41:58 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: barbcinque http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/comment-page-1/#comment-606 barbcinque Sat, 23 Jan 2010 08:21:09 +0000 http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/#comment-606 I find that most pp who slam others for getting an education are those who have parents who had to pay for them or whom they lived off of while they went to school. regardless of whether you can afford it or not, without it we would all be minimum wage earners...which is not enough to survive on. but with it...we cannot afford to pay back the huge amount it costs. as it is we are importing scientists, doctors, nurses and mathematicians from third world countries. WE NEED AN EDUCATED POPULACE I find that most pp who slam others for getting an education are those who have parents who had to pay for them or whom they lived off of while they went to school.
regardless of whether you can afford it or not, without it we would all be minimum wage earners…which is not enough to survive on. but with it…we cannot afford to pay back the huge amount it costs.
as it is we are importing scientists, doctors, nurses and mathematicians from third world countries. WE NEED AN EDUCATED POPULACE

]]> By: Dat_1_Chiq http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/comment-page-1/#comment-614 Dat_1_Chiq Fri, 22 Jan 2010 21:14:06 +0000 http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/#comment-614 No one will "take over" your loans. You will still owe the money to your lender when you are in forbearance. They will simply add interest every month while you are making payments. If you are asking about defaulting the lender will just contract out with a collection agency to start calling and hounding you to mail them payments. If you make 6 to 12 months worth of willing and reasonable payments you can ask your lender to "rehabilitate" your loan. This is when you are issued a new loan and pay off the one in default so you can get federal fin aid again. Again, rehabilitation can only be done after you have made 6 to 12 months of payments. No one will "take over" your loans. You will still owe the money to your lender when you are in forbearance. They will simply add interest every month while you are making payments.

If you are asking about defaulting the lender will just contract out with a collection agency to start calling and hounding you to mail them payments. If you make 6 to 12 months worth of willing and reasonable payments you can ask your lender to "rehabilitate" your loan. This is when you are issued a new loan and pay off the one in default so you can get federal fin aid again. Again, rehabilitation can only be done after you have made 6 to 12 months of payments.

]]> By: AG http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/comment-page-1/#comment-619 AG Fri, 22 Jan 2010 19:13:04 +0000 http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/#comment-619 No, you can only deduct the interest when you actually pay it, not when it accrues No, you can only deduct the interest when you actually pay it, not when it accrues

]]> By: workingmywayback http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/comment-page-1/#comment-618 workingmywayback Fri, 22 Jan 2010 14:38:10 +0000 http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/#comment-618 Well it seems to me if you set up the auto-draft to your bank account willingly you should be able to stop it at will as well. Call your bank and tell them you want to stop sending that company money. Or allow them to take it out of your account, however it was set up. Good luck! Well it seems to me if you set up the auto-draft to your bank account willingly you should be able to stop it at will as well. Call your bank and tell them you want to stop sending that company money. Or allow them to take it out of your account, however it was set up.
Good luck!

]]> By: shan4short http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/comment-page-1/#comment-605 shan4short Fri, 22 Jan 2010 03:21:06 +0000 http://alrevisacademy.com/students-scramble-to-find-student-loans-as-fall-semester-draws-near/#comment-605 I owe about $18,000 and this documentary really scares me because I feel as if my generation has had to mortgage our future. What if the economy takes years to get back to pre crisis levels and none of us can find a job to pay these loans off? Thank god I paid my credit cards! I owe about $18,000 and this documentary really scares me because I feel as if my generation has had to mortgage our future. What if the economy takes years to get back to pre crisis levels and none of us can find a job to pay these loans off? Thank god I paid my credit cards!

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