Source: Financial Aid Podcast Free MP3 Internet Radio

“…a -- I did. Number nine if you have any interest in business cards check out new cards these of the half -- clients they have ten for -- crisis and there's a sampler. Normally these things here outrageously expensive so if you get ten free of them for a business or promotional purposes go grab them. Number eleven is a sham wow cloth which is I guess the very special car polishing cloth -- companies giving them away. Don't actually know what it does for a -- there thought it was a reference to World of Warcraft but it's not it's a piece of cloth. And finally in nineteen is giving away a sample of their detergent plus -- …”

“…free application for federal student he controls all federal financial needs of Stafford loans plus slows pell grants. Perkins loans federal supplementary educational opportunity grants and so on and so forth and the amount of money …”

“…the house of representatives on Wednesday formally introduced legislation to restructure. The Federal Student Aid programs and signaled their intention to move. With lightning speed to passes the committee on education and labor announced that it would -- the 87 billion dollar of legislation next Tuesday. And give the strong democratic majority on the panels -- in congress passages virtually assured some. For those who are just joined the show this is the legislation to eliminate all third party companies and -- from the student loan network to Sally make. For participating in the federal student loan program making the Department of Education -- one and only lender for all federal student loans Stafford loans plus loans and Perkins laws. The legislation is expected to get bogged down in the Senate. But -- passing the house pretty. …”

“…when President Obama unveiled his plans to streamline the free application for Federal Student Aid last month. He called on congress to strike from the form several questions about family income and assets. Today the US House …”

“…done now. Of course plug for the student loan or visit to Stafford loan dot com for more information about these staff -- we have to offer. Second up this week. In the news the on Tuesday broad array of companies and loan agencies and with a few exceptions offered an alternative to the president's plan that. Would theoretically save as much money for then the government in the cost reduction aspects of the federal student loan program while preserving some role. For student loan companies now. The troubled that the student loan industry is phasing is simply this …”

“…US bank the sixth largest provider federally guaranteed student loans like PS Stafford loan has told its customers. That it will stop doing so after this fall according to student lending analytics on Wednesday. US bank …”

“…questions ask before US swept the classic. Time now for a scholarship update. . In this -- scholarship update two things first congratulations to Caroline Moran. Who won our 2500 dollar June scholarship points drawing so congratulations to you the these …”

“…retraining. Peterson's the online -- college prep site. Known by the company Nelnet found that all build a number of scholarships rose to one point seven million in 2008 from one point four million a …”

“…for in any additional obligations you may incur. Time now for a scholarship update. . Industry scholarship update a couple of things number one actually three things are going to have the scholarship points cult leader on the show stay …”

“…Topic and is this weekend what a week the secretary of education Arne Duncan revealed some of the upcoming changes to the -- the financially if one that the millions of college students fill out an …”

“…economy jobs college degrees more details on student credit cards student loan interest rates and a whole lot of things in freestyle Friday so let's get rolling with the news. Topping the news this week federal student loans prior to July 1 2006 he used to be variable rate loans. Student loans issued before that date was set at the price of the 91 day treasury bill Petit bill wait for the last auction in the month of may of each year. Plus one point 7% for loans increased. Nine to a -- plus two point 3% for Stafford loans in repayment and plus loans are set it in 91 day plus three point 1% interest rate. In 2005. Overreacting just temporarily high interest rates congress mandated that Stafford loans after July 1 2006 would be set. At a fixed rate of six point 8% and plus loans at eight point 5% removing the variability of the federal -- on interest rates now. What does that look shortsighted today. The nine to a day T bill rate closed on May Twain eighth 2009 at …”

“…The -- student loan interest rates in history that unfortunately you can't have that and much more on this week's financially podcast episode 914. …”

“…really really great deals now. Would you may not necessarily qualify for Federal Student Aid from the United States if you attend a Canadian university but it is worth investigating the option. You might find that Canadian university that you pay cash to. It's still a better deal. The -- US university with federal student loans especially if private student loans -- option for the Canadian school. Again sit down one afternoon -- if you not particularly good …”

“…guarantee actually is only backed by the fund itself because of the stock market crash the fund. Now has only enough money to the pay for college Fred the next eight years even though some families …”

“…to working on the post about the pros and cons of getting student loans what stuff that should people know. About a student loans will marry this whole ton of things that are out there about a student loans good and that they are important they are an important part of a -- college but they're by no means the only thing. Briefly -- load the pros student loans. . They allow you to afford colleges that you just couldn't pay cash out of pocket to attend a student loans especially staff from plus a federal loans have fixed interest rates that. Not always the lowest rates but it predictable and easy to bush for the competitive on average with you know all the major interest rates out there. -- the Stafford loan. Require no credit worthiness to only had demonstrated need but I based on the -- which makes it ideal for top economic times we have terrible credit no credit. -- a credit that's on fire the Stephanopoulos probably the -- going to take a look at you can see more about that at Stafford loan dot com. Plus loans and private student loans require credit worthiness but no demonstration of need. Making them suitable for families that are serving that economic reason they make got too much money to qualify for need based aid and scholarships and community based on -- just -- Not well off leftist simply cut -- to college. And student loans especially federal student loans have a variety for a flexible repayment options including payments scale with your income pulp income -- repayment. On the con side. Student loans are largely non discharge of even in bankruptcy which means that you are fundamentally stuck with them for life. Not you cannot get rid of them except by paying them off or I think fleeing the country for a second decade. A student loans especially federal student loans can be collected by a number of mechanisms that other loans cannot be including wage -- management winning -- the -- taking chunks out your paycheck and -- things like seizure of income tax refunds and other forms of money. Because they're government loans the government can do some pretty interesting things to your finances that that you have no control over. Student loans may not be the lowest cost of borrowing if you're able to obtain great terms and other consumer wants a home equity loans right now for example a home equity loans are now four point 75% whatever if you can get fixed rate home equity -- to how the credit in the a house it's still worth something. You can get a much better alone then say he has become the -- plus loan. But if you don't have -- if you don't have access to that it didn't know it doesn't matter. Student loans can be far too easy to old -- especially for students who don't have strong personal finance skills which means you can graduate with a massive amounts of debt. In a few short years so. When you following student loans the rule of thumb -- is slick talk about is 10%. Of your income. Projected which basically translates into what you think your salaries going to be after taxes the first year after you graduate do not borrow more in total and that amount. Finally student loans convenient which means that those students mean not pursue lower cost options. For college like aggressive -- searching lower cost colleges now ultimately. Whether you're not you -- student loans a function of time if you plan far ahead. If your parents play a far had the chances are good that you could attend college for very little money -- or no money -- Still it's -- RF three scholarship search e-book. Have brought in tens of thousands of dollars each and scholarships greatly reducing costs published. On the other hand if you need money and it's only -- really really fast story you just don't want have to spend a you know and Howard. With the scholarships student loans are an option bearing in mind of course that you'll pay for the convenience by having a lot of debt when you …”

“…The state of California the US national sales tax student loans is so much more on this week's financially podcast episode 912. …”

“…the bill would shield students and other consumers and sudden spike in interest rates feasible placed restrictions on the issue of credit cards to students under the age of 21. But also cap the amount students …”

“…Went off on these as a matter of her Randy rampage about Federal Student Aid. . His perspective is that financially to any kind by the government and it is such increase artificially high tuition prices because colleges …”

“…school for 32. Korea college Olin college of engineering at Cooper Union Curtis Institute of Music and the Alice Lloyd College also. Another reminder when it comes to colleges that are free of charge each can get into any one of the five …”

“…18800. Dollars Jesus or about 2000 dollars listless sticker price of a Kia Sportage now. Mr. Rosenberg misses a key difference between a college education and a Kia Sportage besides -- college education is not -- Korea. Looking at the data from the USDA Economic Research Service the number of students who complete a college degree in metropolitan areas is 33% so one out of three students who enters college -- graduates on time. For not mature areas in 19% to one out of five now. Imagine going to the car dealership and buying a Kia Sportage having four out of five B linens that which. We do regardless of the condition of the cart. Consumer advocates -- screaming …”