Dec 022011
 

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clicktotweet.com Click to tweet this Beyoncé parody! Please favorite, like and share on Twitter and Facebook! Lyrics: Loooooaaaaaaannnnsss….. Oh my credit is dropping and they still keep calling nothing else has changed I can’t pay you Oh you must be crazy, payments are monthly no can’t do this on my own sallie mae, I can’t pay off my student loans they’re calling me at 10 i’m strssing on the 9 I’ve barely even 8 i’m not so lucky 7 they ring again at 6 let me call you back in 5 what are they looking 4 i’m trying to pay all 3 called my mother 2 but i’m not the only 1 went off to school to get my education little did i know debt was part of the equation could of dropped out but that’s a bad situation if you don’t pay up they’ll garnish your wages sallie mae and the government make bank if i default but i can’t find a job so that’s not my fault me and my boo yeah we wanna get married my debt is a load that we both gotta carry didn’t know my interest rate would be 12% payments just high as New York City rent Oh, should I stand out on wall street? would that even help me? Not sure what I should do. Barack are you listening? Oh, can I get a forebearance? No help from my parents I’m doing this on my own Sallie Mae I can’t pay off my student loans facebook.com twitter.com blog.franchesca.net Music video by Beyoncé performing Countdown Music video by Beyoncé performing Countdown Music video by Beyoncé performing Countdown

 

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www.STILL2012.com During the debate about raising the debt limit, the GAO quietly released a stunning report that the Fed between 2008 and 2010 made over trillion in secret loans to banks, both foreign and domestic, including an trillion loan to the European Central Bank to keep Europe afloat.
Video Rating: 4 / 5

Upcoming Screenings: June 7-9 2011 in Chicago @ NCTC National Conference: Mapping the Future, Center For Economic Progress tax-coalition.org Default: The Student Loan Documentary is a 27 min. documentary chronicling the stories of borrowers from different backgrounds affected by the private student lending industry and their struggles to change the system. The documentary is now available for advanced screenings. If you would like to show Default: the Student Loan Documentary in your community, email us at [email protected] Become a fan of the film at: www.facebo… Sign up for updates at www.defaultmovie.com
Video Rating: 4 / 5

 

I’m graduating this June and I’m going to have about 30,000 canadian in student loans. I want to pay off my loans as quickly as I can even if it means sharing a room with someone. I’m planning to take at least 50% of my pay check to go into loans. So maybe around 900 a month, which allows me to pay off my loans in about 3 years. I’m normally a saver anyway and I can live cheaply. I would have just enough money left over for rent and living expenses. My rent would only be about 400 dollars. Plus, I have savings right now that would work as my emergency fund. Do you guys think that it’s a good idea and is it worth it financially? My thought is that it would save me on interest even though it would be hard for a few years, but I will be much better off in the long run. Any suggestions?

 

What will happen to secured loans after the dollar crashes? Banks will shut down with everything else. I know there will be even more pressing issues,,, Will banks forclose, reposes and call in loans even if we have worthless paper $ to pay on the loans? I am trying to get an idea of what to expect to happen (if and) when we pull out of the inevitable disaster.

 

Hypothetical Question:

If I was in my 2nd year of college and am considering withdrawing from the school because I was getting married and am having a baby, how would I have to pay back loans? Or do I not pay back the loans? Or when do I pay back the loans? Because from my understanding, you pay back loans after you graduate? Please help.

 
Loans
byeric731

I just transferred undergraduate schools and still have some student loans from my previous school (Sallie Mae and Federal Direct loans). Is there some sort of clearing house that my new enrollment status will be sent to so that the loan agencies know that I haven’t just stopped going to school (and thus cause my loan payments to become due)? Or must I obtain enrollment verification from my current school and send it to each loan agency myself?

 
Loans
byForest2Market

I am looking into consolidating my student loans. I have 2 separate cosigners on the loans. If I consolidate, does that release them of their responsibility to the loan? Or are they still attached as cosigners?

 

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