January 25th 2012
Alex Merced made this video to help people understand the debate between inflation and deflation a little bit better. Learn more at Mises.org, LibertyIsNow.com, Creatarian.com, and VoteMerced.com Read: Deflation and Liberty by jorg Guido Hulsmann Money, Sound and Unsound by Joesph Salerno
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January 8th 2012
College loans? Don’t Pay! Sue ‘Em!!: Subscibe for other ways to screw over the government The Ultimate Rubix Cube Challenge! www.youtube.com Greater Expectations!! www.youtube.com Final Cut Angers My Face!! www.youtube.com I Only Watch TV For The Hot Guys!! www.youtube.com Please check out my second channel: www.youtube.com Other Stuff: www.twitter.com www.chengukargbo www.dailybooth.com
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December 17th 2011
The following description was taken from the actual petition hosted on SignOn.org signon.org Forgiving the student loan debt of all Americans will have an immediate stimulative effect on our economy. With the stroke of the President’s pen, millions of Americans would suddenly have hundreds, or in some cases, thousands of extra dollars in their pockets each and every month with which to spend on ailing sectors of the economy. As consumer spending increases, businesses will begin to hire, jobs will be created and a new era of innovation, entrepreneurship and prosperity will be ushered in for all. A rising tide does, in fact, lift all boats – forgiving student loan debt, rather than tax cuts for corporations, millionaires and billionaires, has a MUCH greater chance of helping to rise that tide in a MUCH shorter time-frame. The future economic success of this country is wholly dependent upon a well-educated, prosperous middle class. Instead of saddling entire generations with debt from which there is no escape, let’s empower the American people to grow this economy on their own! Therefore, we, the undersigned, strongly encourage Congress and the President to support H. Res 365, introduced by Rep. Hansen Clarke (D-MI), seeking student loan forgiveness as a means of economic stimulus. For over 30 years, the rich have gotten richer, the poor have gotten poorer, and the middle class is slowly but surely being squeezed out of existence. Instead of more of the same corporate …
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December 10th 2011
November 8th 2011
And I would’ve had a cheap education too, if it weren’t for those meddling governments and that dog! CREDITS: Intro by James Cunningham: www.youtube.com Intro music taken from Incompetech: incompetech.com used under the Creative Commons License Titles: “Ibn Al-Noor” & “Merry Go”
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August 15th 2011
DEBT CONSOLIDATION LOANS Bad Credit Debt Consolidation Bills and debts getting a little out of hand? Lower your monthly payments by consolidating them into one low payment. You can consolidate anything. Credit cards, car loans, personal loans, second mortgages anything and everything! We…
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July 25th 2011
The Senate this week holds its second investigative hearing on for-profit colleges and trade schools that feed on government subsidized student loans. Average profits in the industry rose more than 60% in 2009; complaints of fraud and deceptive practices are soaring, too.
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June 23rd 2011
in america if you cant pay your bills the goverment send armed thugs to break down your door terrorize your children and humiliate you infront of your family and neighbors, we need open revolution now
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May 22nd 2011
MSNBC host Cenk Uygur speaks with Congressman Ron Paul (R-TX) about the role of government, federal income tax, military spending, credit, education, unions and more.
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March 11th 2011
realestatemarketingthisweek.com – Foreclosure rates on Forbearance Agreements done with banks reaches 58% – Part 3 – In studio with us today on this fine New years eve is Dan Havey, the co founder of the modification hotline as well as the author of The Foreclosure Sharks a great white paper he put together. He is also the author of Real Estates Future and this segment we are talking about loan modifications and some specific information. You also have a great story to tell about this to. Well unfortunately I have too many stories about people who have had to go through foreclosures, bankruptcies, loan modifications. The one story I want to talk about real quick is a friend of mine who unbeknownst to me went out and did a loan modification on her own and not to get into a whole bunch of technical details on it she ended up getting a pretty decent interest rate because they actually cut her mortgage payment in half and she was pretty happy about that. She owed a little bit more than the house was worth, she wasnt terribly upside down, but by the time they got done with her she certainly was going to be because the modification, and actually I should not call it a modification, I should call it a forbearance agreement, what they did to her was to say, OK we will cut your interest rate in half, we will cut your monthly payment in half, but we will take all of that deferred interest and tack it onto the back end of the loan. So that by the time her interest rate went back to …
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March 7th 2011
President Obama signed into law student loan reform which cuts commercial banks from the student loan equation in addition to many other higher education reforms in the United States. Check out the reform: www.whitehouse.gov Keep The Conversation going on Facebook tinyurl.com Follow our Tweets for new videos twitter.com Background image can be found here: www.flickr.com With permission under creative commons license: creativecommons.org
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December 5th 2010
Peter Schiff talks with a college graduate that has nearly 0000 in student loan debt because of the government. This should be a blatantly clear example of why the government needs to get the hell out of the education sector. www.schiffradio.com twohundredthou.com
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November 17th 2010
Part 2 of 2: Coalition member LibDem Vince Cable gives the speech outlining the bill for the coalition government’s “Student Finance Bill”, changing the way university students pay for their courses. Recorded from BBC Parliament, 12 October 2010.
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November 5th 2010
www.howdini.com Student loans: How to pay down and consolidate college loans College is over and the banks want their money back. Welcome to adulthood. Money Magazine reporter Carolyn Bigda offers practical advice for how to pay down college loans. Keywords: private student loans…
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November 4th 2010
Part 1 of 2: Coalition member LibDem Vince Cable gives the speech outlining the bill for the coalition government’s “Student Finance Bill”, changing the way university students pay for their courses. Recorded from BBC Parliament, 12 October 2010.
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October 8th 2010
The hostile takeover of the student loan industry by the empire (cough) I mean federal government!
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October 2nd 2010
Payday Loan For People Who Have Bad Credit Bad Credit Loans, Home Loans,Personal Loans,Refinancing Auto Loans, Car Loans, And All Kind Of Loans Visit Us NOw Guaranteed Approval In Minutes Bad credit car loans, auto loans, and new car loans. Auto loan car finance to buy from local used car…
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September 19th 2010
Banks must reduce their interest rate for Education Loans and need to show a polite behavior towards the customers says Kerala Chief Minister VS Achuthanandan. www.istream.in
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August 26th 2010
Ana’s Blog On This Topic: tinyurl.com Vote for TYT Once A Day: vote.streamys.org (3/22/10 – 4/11/10)
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August 23rd 2010
Signal Hill Managing Director Trace Urdan on the recent studies showing Americans are having difficulties repaying student loans.
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July 27th 2010
EVENT ORIGINALLY BROADCAST: September 18, 2006 Within the next two weeks, the US Department of Educations Inspector General is expected to release an audit of the Nelnet Corporation, a major student loan provider, recommending that it be ordered to repay hundreds millions of dollars in taxpayer subsidy payments to the US Treasury and halt additional, future subsidy billings estimated to exceed .3 billion. At issue are subsidy payments guaranteeing Nelnet and other student loan companies a 9.5 percent rate of return for student loans originally issued at interest rates as low as 3.5 percent. Congress thought it got rid of the 9.5 percent guarantee in 1993, but due to a legislative loophole and lax federal oversight, the subsidy continued and grew exponentially over the last several years. At this New America event, the Bush Administration whistleblower who originally reported the 9.5 percent loan scandal to Congress and the media told his side of the story in his first-ever public appearance. In addition, Raza Khan, President and Co-Founder of student loan provider MyRichUncle, discussed additional taxpayer subsidies in the federal student loan program and how lenders use the extra money in ways that might or might not be in the best interests of students and families. Doug Lederman, editor of Inside Higher Ed, responded to the remarks of both speakers. www.newamerica.net
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July 18th 2010
We know that a government student loan monopoly is just right for you. After all, what could go wrong with politicians owning everything? Warning: May cause hilarity.
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July 13th 2010
Pres Obama’s reterick was long on education promises and short on details. He wants to reward teachers if their children learn good. And continue to hire more qualified teachers bring up the quality of teachers in poor neiborhoods. As far as college goes he wants to stop backing private banks funding of student loans through Fannie Mae. He said we can give families a 000 tax credit with the money. Also he wants to use the money to increase pell grants. Then he got in trouble. He said student loans for college should set their payback at 10% of the graduates annual income. And forgive the debt after 10 years if the graduates work in a job the government deems apropriate or 20 years if they work in the private sector. What he didn’t say is where is the money coming from. If he wants to stop backing private banks student loans as he says and use the savings for a tax credit and increased pell grants. Is he suggesting the government take over and make direct loans like the White House floated a few weeks ago. If so with pay as you go, and a 3 year tax freeze, since you can’t even pay as you go for the current budget. You need to deficit spend a trillion and a half dollars just to meet his current annual budget. So where is the money coming from. It is a contradiction. Facts are stubborn things.
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July 12th 2010
Trailer provides a sampling of our efforts (Student Loan Tricksters) to expose the corrupt world of student educational loans and how these lenders, and our own government, are destroying hundreds of thousands of lives every year. Full documentary to follow.
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June 16th 2010
President Obama discusses revamping government college loan programs. For more news video by Current TV visit current.com VIEW more Obama videos & SUBSCRIBE to the YouTube playlist here… www.youtube.com
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February 9th 2009
Stafford Loans For Your College Funding.
Stafford loans are low-interest, federally guaranteed student loans available to both eligible undergraduate and graduate students for tuition and other school-related expenses.
Stafford Loans are an affordable loan option available for most students to pay for college. Stafford Loans are the most widely used, low-cost education loans available from the United States Federal government.
Stafford Loans are widely used and low cost!
Stafford Loans are available to students either directly from the United States Department of Education through the Federal Direct Student Loan Program (FDSLP, also known as Direct) or from a financial intermediary (such as Chase, Sallie Mae or Student Loan Corp). Stafford loans are given to students in the student’s own name. There is no credit check, so students don’t need to worry about finding a co-signer to get money for college or graduate school. Stafford loan rates are lower than other forms of consumer financing, and repayment is postponed for six months until you leave school or drop below half-time enrollment. Stafford Loans are backed (guaranteed) by the federal government and have fixed interest rates.
There are two types of Stafford Loans: Direct and FFEL.
Direct Loans
The US government provides Federal Direct Student Loan Program (FDSLP) loans, administered by ‘Direct Lending Schools’, directly to students and their parents. Many students who apply for the Stafford Loans in either category choose the Direct loan, in which the money comes right from the government and goes directly to the school.
FFELP (Federal Family Education Loan Program)
Private lenders, such as banks, credit unions and savings & loan associations, provide Federal Family Education Loan Program (FFELP) loans. FFEL loans funded by private lenders are still federally backed and the lenders must follow strict federal loan guidelines. FFEL program Stafford Loan funds can be used for education-related expenses such as tuition, fees, books, living costs, transportation, childcare, etc. Both the FFEL and Direct Loan programs consist of what are generally known as Stafford Loans (for students) and PLUS Loans (for parents). For a FFEL Stafford Loan, the lender will send the loan funds to your school.
Stafford Loan Eligibility
To be eligible for a Stafford loan you must complete a Free Application for Federal Student Aid (FAFSA). Simply fill out the FAFSA form through your educational institution or online at www.fafsa.ed.gov
A Student Is Considered To Be…
To be eligible for Federal Financial Aid a student must be a permanent resident or eligible non-citizen, as applicable. You must have a valid Social Security Number, be attending an eligible school, or accepted for enrollment, as at least a half-time student. If already enrolled, you must maintain satisfactory academic progress in your course of study according to the school’s standards. You must have at least a high school diploma or the recognized equivalent of a high school diploma.
A borrower may not qualify if he or she has defaulted on a federal education loan, owes an overpayment on other federal education aid, has been convicted of a drug-related offense while receiving federal student aid, or is incarcerated.
Subsidized Loans (Need Based)
A Federal Stafford Subsidized Loan is awarded on the basis of financial need and is available through the Federal Family Education Loan Program (FFELP). About 2/3 of subsidized Stafford loans are awarded to students with family AGI (adjusted gross income) of under $50,000, 1/4 to students with family AGI of $50,000 to $100,000, and a little less than 10.
Non-subsidized Loans (Non-Need Based)
All students, regardless of need, are eligible for the unsubsidized Stafford Loan. Even though the unsubsidized Stafford Loan is available to all students regardless of financial need, you must still submit the FASFA to be eligible. For all unsubsidized Stafford loans first disbursed on or after July 1, 2006, the interest rate is fixed at 6.8%. For unsubsidized Stafford loans, students are responsible for all of the interest that accrues while the student is enrolled in school.
With the unsubsidized Stafford loan, you can defer the loan payments until after graduation by capitalizing the interest.
Repayment
There is a 6-month grace period following graduation or when enrolled less that half-time or leaving school altogether before you must begin repaying your loan.
Both the Direct Loan and FFEL programs offer four repayment plans you can choose from, but the terms differ slightly. Please note: some colleges participate only in the Federal Direct Loan Program, which might mean you do not have a choice of lender.
Information You’ll Receive
Your school must notify you in writing whenever it credits your account with your Direct or FFEL Stafford Loan funds.
Loan Limits
The federal government under Title IV of the Family Education Loan Program sets loan limits. Loan limits vary depending on your student status.
The loan limits described below apply to both the FFEL and Direct Loan programs and are cumulative.
The limits may be a little confusing because there are two sets of limits for the Stafford loan: a combined base limit for the subsidized and unsubsidized Stafford loan, and an additional limit for just the unsubsidized Stafford loan.
The program limits are $4,000 per year for undergraduate students and $6,000 per year for graduate students, with cumulative limits of $20,000 for undergraduate loans and $40,000 for undergraduate and graduate loans combined.
Dependent Annual loan limit
Freshman $5,500 ($3,500 between subsidized and unsubsidized, plus an additional $2,000 unsubsidized)
Sophomore $6,500 ($4,500 between subsidized and unsubsidized, plus an additional $2,000 unsubsidized)
Junior or senior $7,500 ($5,500 between subsidized and unsubsidized, plus an additional $2,000 unsubsidized)
Independent Annual loan limit
Freshman $9,500 ($3,500 between subsidized and unsubsidized, plus an additional $6,000 unsubsidized)
Sophomore $10,500 ($4,500 between subsidized and unsubsidized, plus an additional $6,000 unsubsidized)
Junior or senior $12,500 ($5,500 between subsidized and unsubsidized, plus an additional $7,000 unsubsidized)
Graduate or professional $20,500 ($8,500 between subsidized and unsubsidized, plus an additional $12,000 unsubsidized)
Lifetime limits Undergraduate dependent lifetime limit $31,000 (up to $23,000 may be subsidized)
Undergraduate independent lifetime limit $57,500 (between subsidized and unsubsidized)
Graduate or professional lifetime limit $138,500 (up to $65,000 may be subsidized) or $224,000 (for health professions) for loans first disbursed on or after July 1, 2008.
Annual limits, which include both the subsidized and the unsubsidized Stafford Loan are as follows: $3,500 in the first year $4,500 in the second year $5,500 in the third year $5,500 in the fourth year.
Consolidation of your Stafford loans…
In some cases it may be beneficial for you to consolidate one or more of your FFEL Stafford Loans into a Consolidation Loan. Consolidating loans can be a great way to simplify repayment and lower monthly payments, and Direct Loans can be consolidated with other student loans. When you consolidate your Stafford loans, you are locking in today’s low rates, combining multiple payments into one and lowering your monthly payment.
Final Things To Consider…
Stafford Loans carry a low, fixed interest rate, which is set by the Federal government. Stafford Loans are federal student loans for undergraduate and graduate students. Stafford Loans are the most widely used, low-cost education loans available from the United States Federal government. A Stafford Loan is a great way for you to secure the extra financial aid you require in order to meet your needs for college, university or trade school.
Most college or university students can secure a Federal Stafford Loan to assist with their financial needs. Getting started as early as possible can be the difference between finding financing or not.
Don’t delay; your future depends on it. Prepare your college finances for a bright future.
By: James Richman
Article Directory: http://www.articledashboard.com
You can modifay your loan by your self
You can deal with this by yopurselve in stead of throwing your mony to any consultant, mony you need to pay your debt.
Why the Federal Student Loan Interest Rate is so Great
Financial Planning Guides provides information and articles on how to manage your finances for both business and personal needs. Guides on how to best take care of all your financial needs.
College Loan Consolidation Quick Tips For Finding Easy Payment
If interest rates are low when you consolidate your student loan, you will enjoy putting that extra interest you are currently paying back into you pocket for the life of your loan. College loan consolidation applicants who qualify may receive renewed deferment benefits as well. If you have exhausted your deferment options on your current student loans, a consolidation loan may renew those options.
3 reasons you should consolidate your student loans
Consolidating your student loans is a great idea if you’re currently paying a higher interest rate than the one being offered. Just remember: you can only consolidate your loans once in a lifetime, so make sure you’re getting a great deal.
UConn to administer direct loa
The Direct Loan Program will be the source of funding for all Federal Stafford and Federal PLUS loans, starting with the 2009/2010 academic year.
Federal Direct Plus Loans
Federal resources include the Unsubsidized Stafford, Direct, PLUS and Grad PLUS loans. Private loans, which require a credit check, are available through most banks. Because unsecured debt does not have an asset, such as a house, attached to it for security, it carries more risk.
Consolidation for Private Student Loans: What You Should Know
Consolidation for private student loans are ideal for self-supporti fef ng students. Generally, student loans consolidation programs will aide you in refinancing your student loans after graduation. Interest Rates – With a low interest rate and minus all these fees, you can really reduce your monthly payments. Not only that, it will also extend your repaying time for up to 20 more years.
The Fed’s Response to the Current Economic Challenge
12, 2007, when the base interest rate—the fed funds rate—was 4.25 percent, we began expanding our balance sheet by providing access to credit for longer terms to eligible depository institutions to alleviate funding pressures in the system. We stood ready to purchase up to $100 billion of the direct obligations of Fannie Mae, Freddie Mac and the Federal Home Loan Banks, as well as $500 billion in mortgage-backed securities backed by Fannie.
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