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Consolidate Student Loans
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With the passing of the Student Loans Act, which was signed into law in May,
more than 100 lenders and counting have stopped offering federal consolidation loans, including nine of the top 10 consolidators. The main reasons behind this are due to the credit crunch and the bill, which limits the profit margin for these student loan consolidation companies.
There are still a few options out there for consolidating your student loans. The best time to consolidate this year is between July 1, 2008 and January 1, 2009 as interest rates will be virtually cut in half. It's a great time to consolidate your student loans, as these rates will be the 4th lowest in the programs 15 year history.
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Featured Stories
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After being busy with classes all term and having loads of homework and other obligations, the amount of free time you may have available during... |
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The price of room and board at college continues to increase just as much as the rate of tuition. The average room and board expense for the... |
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As expected, college tuition seems to go up just about every year now. Sure, part of the reason may be inflation, but still the increases in... |
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Due to the tighter economy, college students' budgets are being pinched more than ever. Even as tuition seems to keep rising, the biggest complaint... |
| |  Selling back textbooks can be a great way to recoup some of the costs of the outrageous prices of textbooks. Unfortunately school bookstores usually... |
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