The first article I came across is about how some colleges argon helping grad students re deliver their student loans if the student is planning on pursuing to a greater extent low-income paying public service cargoners. The article states that there are at least seven Christian colleges that are doing this nowadays to increase enrollment because they have found that more students are opting to get their education at lower-cost public institutions. One student that was quoted in the article, whose degree is in family and children ministries, says the loan gives her a arctic net. If her job pays her less than $40,000 a year, the loan will pay the first year of her payments. The students do not pay anything for this benefit, instead it is the colleges who pay a fee per student, per year to LRAP Association, who uses the fees to repay loans for students.
bloody shame Beth Marklein. 06/13/2011. Colleges offer grads help repaying loans. USA Today. Retrieved from EBSCOhost September 14, 2011.
The secondly article I came across is about repaying your loans after you graduate.
It goes on to tell you about the income-based repayment program, in which you dope establish to have your payments lowered to suit your income. The article also goes more in depth on the differences between forbearance and recess if you are having trouble repaying your loans. The government can help by paying your interest on your loan if you are in deferment. If you are in forbearance, you may be eligible to point off payments for up to three years.
Sandra Block. 05/25/2010. In-debt grads with no jobs can sidestep trouble with student loans. USA Today. Retrieved from EBSCOhost September 14, 2011.
I found both articles to be very helpful to me since I get confused between the forbearance and deferment. It would be excellent if University of Phoenix...If you want to get a full essay, order it on our website: Ordercustompaper.com
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