Financial News & Information.

Alex K. asked:

I know I’ll need to get a student loan sometime during my university studies. I was just wondering how they work, what you need to get one and how long you have to pay it back. Any extra details would be much appricated.

P:S I am a planning on studying in the U.S but I live outside the U.S.

dressed_2_kill_2008 asked:

When a guaranteed student loan is discharged and later cancelled due to what is considered a total and permanent disability but many years after the cancellation of the loan the individual is rehabilitated and able to return to the workforce with the necessary aid and support for their disability what happens to the student loan? I’ve been told that once a loan is cancelled it no longer exists, and I’ve been told that if the individual is able to return to the workforce the loan is reinstated. Which, if either, is correct? What is the answer? (I’m talking about in Oklahoma.)
I can find plenty of links, just no answer. Please don’t leave a link, if you don’t know then you just don’t know.

bubbles500 asked:


I currently attend the University of Texas at Austin and I need a loan. I can’t afford my tuition or living expenses and i didn’t get enough financial aid. I don’t want to have to start paying my loan until after i graduate. Should i try to get a loan through UT, a government loan, or a federal loan?

Thanks a lot!

workingmywayback asked:


I recently defaulted on my student loan and contacted the student loan company to before they started garnishing my wages. I agreed to a reasonable monthly payment and made the payments on time when I noticed that my wages were being garnished as well. I contacted the student loan company several times and they kept saying that they would remove the garnishment and that my employer had recieved the paperwork. I contacted my employer’s payroll and the stated that they never got the paperwork and I should ask for a copy myself to fax it in myself just in case. The student loan company wouldnt give me a copy of the garnishment letter to the employer and claimed to have faxed the paperwork in. It has been 4 straight pay periods and nothing has been done meanwhile im still making monthly payments directly from my bank account. Is there anyway to stop this? PS: I dont need smart remarks about you should have paid in the first place, i know that much but i couldnt afford to at certain points.

caroline asked:


Hi, I am currently a second year university student in Canada. I am planning to go study in Romania next year. I was wondering is there any kinds of student loan out there that will lend money to canadian students who wants to go study in Romania? Thanks alot!

NUnum1 asked:


My company will reimburse my grad school tuition based on my grade for each class. Am I supposed to get a loan first and pay off the loan with the reimbursement money, or do I wait til the end of the semester to pay the tuition? Any good sites for grad school loans?