USA Mega

Lottery Places

The time is now 4:06 am

You last visited
April 24, 2024, 3:38 am

All times shown are
Eastern Time (GMT-5:00)

Home › Blogs › JAP69's Blog › This college loan interest rate issue

This college loan interest rate issue

Published:

Updated:

http://www.politico.com/politico44/
excerpt;
"More than 7.4 million students with federal student loans
____________________________
http://www2.ed.gov/offices/OSFAP/DirectLoan/student.html

________________________________

http://www.usnews.com/education/best-colleges/the-short
-list-college/articles/2011/11/29/10-universities-with-the
-most-undergraduate-students

________________________________
comment by jap69
I would like someone clear up the facts of the student loan thing here for me.
7.4 million students when the loans were targeted to undergraduates.

The undergaduate student loan window was, is
first disbursement date between July 1, 2011, and June 30, 2012:
Was there 7.4 million undergraduate loans given in that time frame?

(Locked)
Entry #1,781

Comments

Avatar time*treat -
#1
I think that number would include people with new loans, and also those who already had loans active.
Avatar JAP69 -
#2
A bit confusing when a news story does not give full facts on where they come up with 7.4 million.
Looking at the loan window on the 3.4% I would think that rate would only apply for that loan given at that time.
Avatar time*treat -
#3
You mean like "fairness"? ;-)
Avatar sully16 -
#4
The government shouldn't be in the student loan business to begin with.
Avatar JAP69 -
#5
Thanks t*t for responding.
I looked over the gov't site for info on interest rate fluctuation from year to year. Could not find much except the year to year interest rate at time of application for undergraduate loans.
Avatar JAP69 -
#6
I agree with that sully.

Post a Comment

Please Log In

To use this feature you must be logged into your Lottery Post account.

Not a member yet?

If you don't yet have a Lottery Post account, it's simple and free to create one! Just tap the Register button and after a quick process you'll be part of our lottery community.

Register

Guest