Sentences with phrase «while private student loan debt»

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While a Parent PLUS loan can't be transferred into your child's name, you can always refinance this into a private student loan carried by them as they become financially independent and able to service the debt.

While refinancing federal or private student loan debt helps streamline the loan repayment process, borrowers are required to repay the loan based on the terms agreed upon at the time the funds are received.

Our student loan refinancing options allow graduates to consolidate and refinance their existing debt, while our private student loans allow undergraduate and graduate students to fund their education.

Private variable - rate loans constitute a small portion of overall student loan debt, while most student loans are part of federal programs that guarantee a permanent fixed rate.

Currently, private student loans make up more than $ 165 billion of all student debt across the United States, and while this figure is far below the total $ 1.45 trillion in student loans, it is trending upward.Private student loans have some advantages when compared to federal student loans, but they also have drawbacks that borrowers should know about before applying.

While over 90 percent of student loan borrowers should pay attention to these developments, it should be noted that private loan borrowers aren't going to be affected by the forgiven debt tax bill.

While you can refinance your federal loan debt as well as private student loans, you might want to look at other options within the federal system first — especially if your application for a refinance was denied.

As a recent graduate, you're likely getting an entry - level job while having to handle federal or private student loan debt.

Sofi is one of the few finance companies that offers debt consolidation programs while simultaneously refinancing student loans, whether they are federal or private loans.

While private student debtors have fewer options in default, federal student loan borrowers are still having difficulty paying back their debt.

Currently, private student loans make up more than $ 165 billion of all student debt across the United States, and while this figure is far below the total $ 1.45 trillion in student loans, it is trending upward.Private student loans have some advantages when compared to federal student loans, but they also have drawbacks that borrowers should know about before applying.

While these are all viable reasons for wanting to convert private student loans to federal student debt, this is not an option.

While personal loans from private lenders are an option, they typically are not a great help for student debt.

While both federal and private student loans are eligible, this move transitions your debt to the private sector, away from any federal benefits.

Private student loans are for education, while personal loans can be used for things like consolidating credit card debt, making home improvements, or paying for a wedding.

Some private student loans do require very small monthly payments while you are in school, in an attempt to minimize the amount of debt that you need to take on.

This is especially true for private loans: While many federal student loans let a borrower's cosigners complete paperwork releasing them and the estate from the debt, many private student loans do not.

If you're one of the nearly 9 million Americans with private student loans (totaling a staggering $ 150 billion in aggregate debt), you're probably aware that you may have to keep working for a while to pay off those loans.