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5 Reasons Why Your Student Loan Balance Increases

Student Loan Planner

What you owe on your student loans is likely more than you borrowed. It can be jarring to see your loan amount go up, compared to your principal balance. So what increases your student loan balance, exactly? Interest is the price of accessing loans.

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What to Consider When Choosing Your College by National College Decision Day

CFAA College Financial Aid Advisors

While some students who applied for early acceptance are sitting back, comfortable in the knowledge of where they’re going for their college journey, other students may not be. Talk to your parents, siblings, friends, relatives, teachers and counselors to get their advice on what path to take.

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4 of the Best Consumer Loans and Lines of Credit for 2023

Student Loan Hero

However, it’s a fact that for many, consumer loans and lines of credit can help finance necessary purchases we can’t afford on our own. But countless lenders offer various consumer loans and lines of credit, which can make it hard to know which product is best for you. Difference between consumer loans and lines of credit.

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Unequal Distribution

NACAC's Admitted

By Don Heller, Gigi Jones, and Abby Miller The recent dismantling of affirmative action and the COVID pandemic highlighted the barriers preventing underserved, underrepresented studentsstudents of color and those who are low-income and first-generation – from enrolling in college.

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Student Loan Repayment is Here

NCLC Student Loan Borrower Assistance

What now for borrowers? Have problems with your loans? What is the Department of Education doing to help borrowers now? What’s next for student loan cancellation? What about the new SAVE plan? Have problems with your loans? What is the Department of Education doing to help borrowers now?

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Managing Financial Stress: Tips for College Students

Active Minds

I’ll be able to pay off my student loans. And it seems like college-aged students are increasingly feeling the pressure. . Financial stress affects approximately 70 percent of college students. No matter what your relationship with money is, your mental health matters. Maybe I’ll be able to take a week off.”.

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A Sneak Peek At New Student Loan Rules Coming in July 2023

NCLC Student Loan Borrower Assistance

In November 2022, the Department of Education published final rules that will change regulations governing a variety of federal student loan cancellation programs as well as how interest impacts student loan burdens. The new rules will go into effect on July 1, 2023. . Across the board, these rules are a huge improvement.