It depends what the student went into for a career. Some may have dropped out of college and still have to pay the student loan back which is harder if they have a large debt. * There's no way to give an accurate answer to the question without knowing all the pertinent facts. One would need to know the amount of the loan, the interest rate, the repayment agreement, the economic status of the debtor and so forth. I had $62,000 debt when I left law school and it took me 30 months to repay the amount. At the present graduate students can owe $90,000+ upon graduation.
The state should not usually be able to take your federal student loan money. However, there might be some particular details that will cause them to take it.
500 days
Usually once your application is reviewed and accepted the student loan agency will disburse the money to your school a week or two before you semester starts. However, larger student loan agency�s have on-line process that the whole process is done within a week or sooner.
Federal Student Loan Consolidation Program means combine all loan into a single pay. :Loan consolidation is the best for the student who not able to pay your fees. If any student want to continue their study and they want to take admission in top college for higher education but good college take high fee. But some time all student unable to pay your college fee then they take student loan. But after completion of education they are facing problem with pay your student loan then they require loan forgiveness or consolidation. Federal student loan consolidation is the best option to pay your all loan into single pay
YES
The state should not usually be able to take your federal student loan money. However, there might be some particular details that will cause them to take it.
Loan Calculators You can use this student loan payoff calculator to estimate how long it will take to pay off your student loans. Use this tool to determine how quickly you'll pay off your student loans. By making a higher monthly payment, you can shorten the length of your loan.
A student loan calculator's purpose is to estimate the size of your monthly payments when you get a student loan. It will also help you find out how much you will end up paying in interest and how long it will take to completely repay the loan.
500 days
Go to the website or place that you found your student loan and ask for the interest and they will be able to calculate how long it will take with your current income.
depends on monthly payments and the current interest rates
Usually once your application is reviewed and accepted the student loan agency will disburse the money to your school a week or two before you semester starts. However, larger student loan agency�s have on-line process that the whole process is done within a week or sooner.
Federal Student Loan Consolidation Program means combine all loan into a single pay. :Loan consolidation is the best for the student who not able to pay your fees. If any student want to continue their study and they want to take admission in top college for higher education but good college take high fee. But some time all student unable to pay your college fee then they take student loan. But after completion of education they are facing problem with pay your student loan then they require loan forgiveness or consolidation. Federal student loan consolidation is the best option to pay your all loan into single pay
usually 3 to 5 business days
it usually takes a week or 2
Student loan repayments can vary depending on the amount of your loan. It also will depend on how much you plan on paying each month. The more you pay the faster it will be paid off.
If you are on social security you should not be cosigning on a student loan. You would be guaranteeing that if the student doesn't pay off the loan you will. The federal government can garnish your social security benefits to recover student loan payments.