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What We're Buying With $1 Trillion in Student Loans
College is expensive and getting more so every year. Since most families don’t have tens of thousands of dollars lying around, the government has responded with ever-more-generous student loan programs. First there were the loans themselves, with interest...
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How to get Education loan in India?
With the cost of higher education abroad rising every year, parents have no option but to apply for education loan to enroll their children in a foreign university. There are several misconceptions about student loan offered by banks and financial institutions....
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Study Abroad in Singapore- With Visa simplified, Reasons Galore
Higher education in Singapore offers not only world-class courses but also a chance to experience the melting pot of eastern and western cultures! With four national languages which include Mandarin, Malay, Tamil and English, Singapore has come to represent...
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How Does Student Loan Interest Work?
Several months before graduating from college, I and a group of my classmates gathered in one of the prettiest rooms on campus. On this particular day, the room was filled with financial aid office employees poised to give lots of boring PowerPoint presentations....
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US the new buzzing destination for young Indian Under –Graduates
“If I cannot make it to one of the Indian Universities, I can surely make it to one of the top US University”. The above quote in the present context stands as a watch word for all young and dynamic generations in India. Neck to neck competition and the...
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Education in Australia: an overview
Australia enjoys a worldwide reputation for academic excellence, offering internationally recognised qualifications with immediate employment and career development opportunities. Did you know Australia has the third highest number of international students...
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Understanding Education Loans
Education is expensive and Higher education is all the more expensive especially foreign education. Hence the need for education loan, which is a financial aid given to meritorious but needy students for meeting the expenses of their higher education...
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Govt will set up fund to guarantee student loans
New Delhi: The government will soon set up a fund that will provide surety to banks against loans given to students for higher education. Called the higher education credit guarantee fund, it is likely to improve the credit flow to needy and meritorious...
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6 Ways to Get Funding to Study Overseas, and One Way Not To
You might try transferring to a different overseas school or using an alternative loan service. "I am growing quite desperate. I am looking for any type of aid that I can find.... I have an available cosigner with good credit, yet so far I have been unable...
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New rules for education loans
Top priority for education loans The RBI has included education loans as part of the priority sector lending of banks. It aims to provide need-based finance to meritorious students. But students should bear in mind that educational loan is like any other...
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HOW TO GET STUDENT LOANS FOR STUDY ABROAD TRIPS
From the global education environment of today, more American students are choosing to complete part of their higher education at schools outside the United States. The US government actually encourages students to do this. If you’re just beginning to...
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Paying off Education Loan in India
Education is perhaps an individual’s most precious resource today. In fact, nowadays education is at times equated to an investment, which in all truth it is. However, if we purely take perspective at education as an investment point of view, the price...
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EDMC settlements chart new direction for private-sector education loan
As someone who has long believed in the importance of private-sector education, I read with interest the announcement that one of the sector's leaders, Education Management Corporation (EDMC), has settled with both the U.S. Department of Justice (DOJ)...
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What You Should Know Taking the GRE Exam?
GRE (Graduate Record Examination) is a standardized test that is one of the admission requirements to most post-graduate courses in the United States and other countries across the world. Name of the Exam: Graduate Record Examination (GRE) Level of Exam:...
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Explore How Presidential Candidates Stand on Student Loan Debt
While the race for the Democratic and Republican presidential nominations remains an early and crowded one, the Student Loan Ranger thought it might be a good time to start getting an idea of where some of the candidates stand on student debt. We're glad...
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Tips to Avoid Student Loan Default Before, During and After College
Last week, the Student Loan Ranger talked about the most recent statistics on student loan default rates. The cohort default rate is published annually by the Department of Education; while few additional details are provided, this week's blog will revisit...
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Pros, Cons of Helping Grandchildren with College Costs
Sept. 13 marks National Grandparents Day, and some college students should be sure to thank Grandma and Grandpa for something extra special this year: help paying for school. According to Sallie Mae's How America Pays For College 2015 report, contributions...
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3 Student Loan Discharges to Hope You Won't Need
A few weeks ago, the Student Loan Ranger shared some information about a discharge available to federal loan borrowers whose school closes before the student can complete their credential. While it's nice that the federal student loan programs have a...
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Student loans in India - Know How to Resolve Student Loan Disputes
In federal fiscal year 2014, the Consumer Financial Protection Bureau received more than 5,300 complaints from consumers about their private student loans. The Department of Education ombudsman handled approximately 7,800 federal student loan disputes...
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The Popular Study Abroad Choice
Indian students are known to excel in business when given an opportunity. One of the most defining facts that support this ideology that has set in an adage of sorts in the Indian subcontinent is the often popularized topic of something called as ‘Brain-Drain’....
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Delhi Govt’s educational loans to students will help expand facilities & improve quality of institutions
The launch of the Education Loan Guarantee Scheme by the Delhi government to enable students of all universities, colleges, technical institutes, skill centres, polytechnics and ITI’s in the national capital to get an educational loan is a game changer...
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Funding overseas study
Making the decision to study overseas is one thing. Working out how you're going to pay for it is where the real challenge begins. Exchange programmes The most affordable way to get a taste of university life abroad is via an exchange programme, where...
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Student Loans in India: How to Choose the Right Student Loan Repayment Plan
If you have college or graduate school student loans, you may be wondering – what is the best student loan repayment plan for me? The right repayment plan for you will depend on your income, credit history and many other factors such as your ability to...
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Education loan for MBA: Need an education loan? Banks may shut door on you
Securing an education loan for the upcoming academic session is set to be a difficult task, with several banks not keen on lending to students owing to a large number of defaults. The default rate, credit experts said, is high – 5% to 10% – in the education...
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Paying off Education Loan in India
Education is perhaps an individual’s most precious resource today. In fact, nowadays education is at times equated to an investment, which in all truth it is. However, if we purely take perspective at education as an investment point of view, the price...