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The Disadvantages of Perkins and Student Education Loans by Jason Spencer Student Loan

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The Disadvantages of Perkins and Student Education Loans by Jason Spencer Student Loan

Even though student loans can give you an enormous number of opportunities, there are also some serious consequences if you cannot pay them back. Unfortunately, each day, a number of factors are serving to drive the economy deeper into the likelihood of a depression. As a result, the chances of being able to afford to pay back your student loans is becoming significantly risky according to Jason Spencer Student Loan.

To begin, it is important to realize that obtaining ...

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Understanding the Difference between Loan Delinquency and Loan Default by Jason Spencer Student Loan

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Understanding the Difference between Loan Delinquency and Loan Default by Jason Spencer Student Loan

Fortunately for those with student loans, lenders understand that people make mistakes. Missing one payment and missing several payments are two different issues in the eyes of lenders, and are treated differently as well according to Jason Spencer Student Loan.

  • Loan Delinquency: A loan becomes delinquent the day after the missed due date. The loan remains in delinquent status until the borrower takes an action such as payment, deferment, or forbearance.
  • Loan Default: A loan goes into default when a person ...
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Message From CEO Jason M. Spencer

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Student Loan Forgiveness CEO Jason M. Spencer Discusses The Childhood Tragedy That Led To His Involvement With Student Loan Forgiveness And Why The Companies Mission Is Deeply Personal

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Chapter One of My Yet to be Titled Book on the Myriad of Solutions readily available to Federal Student Loan Borrowers

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Chapter 1: The Demand for Student Loans Rises – The U.S. Student Loan Problem

Many people in the United States dream of having a good job that will allow them to take care of their family and to pay their bills. This dream is one that should be attainable for everyone, but more and more, the costs of going to college are simply too high for many people to afford to pay outright.
This is causing them to consider taking out ...

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Student Loan Debt: The Next Big Crisis in the US | Jason Spencer Dallas

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Student Loan Debt: The Next Big Crisis in the US | Jason Spencer Dallas

According to the Consumer Financial Protection Bureau (CFPB) in its report to the US Congress on Private Student Loan Relief, current outstanding student loan debt has reached $1 trillion. Approximately 15% of this amount is with private student loan Relief, but this is still a staggering figure. Student loan debt has taken the number one spot from credit card debts and is now poised to be the next big crisis in the US says, Jason Spencer Dallas.
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Student Loan Defaults and Delinquency on the Rise by Jason Spencer Dallas

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Student Loan Defaults and Delinquency on the Rise by Jason Spencer Dallas

The cost of quality higher education in the US is tremendously expensive. Not many, in fact very few, people in the US can afford quality higher education. The federal government has different programs that help thousands of students pay for the college education. The government offers grants and student loans. Private student loans are also available for those, like Jason Spencer Dallas, who are unable to qualify for federal loans or whose federal loans are not enough to ...

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Chapter One of My Yet to be titled book on the Myriad of Options Available to Federal Student Loan Borrowers

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Chapter 1: The Demand for Student Loans Rises – The U.S. Student Loan Problem

Many people in the United States dream of having a good job that will allow them to take care of their family and to pay their bills. This dream is one that should be attainable for everyone, but more and more, the costs of going to college are simply too high for many people to afford to pay outright.

This is causing them to consider taking out large ...

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Dallas Woman Charged With Financial Aid Fraud

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(May 22, 2013) DALLAS — Sussette Sheree Timmons, 30, of Dallas, was indicted by a federal grand jury yesterday on multiple counts of financial aid fraud, announced U.S. Attorney Sarah R. Saldaña of the Northern District of Texas. The indictment alleges that Timmons applied for and received financial aid from six schools that offered distance learning programs via the Internet. Timmons allegedly never intended to use the disbursed financial aid funds for education and instead intended to embezzle, misapply, ...

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Muscial Customer Feview of Student Loan Relief’s Services

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The Problem with the Rise in Private Student Loan Borrowing by Jason Spencer

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As the cost of college education increases each year, more and more students have difficulty in funding their education. The federal government provides federal student loans, but unfortunately these loans often cannot cover the amount really needed to complete college education. Many students have resorted to taking out private student loans and the number of these students increases each year.
One would naturally think that the private sector actually helps in increasing the number of graduates each year. This may ...

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2013 Shocking New Student Loan Debt Crisis Stat’s

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Here are some shocking student loan debt numbers, via the Huffington Post:
$1.1 trillion:

The amount of outstanding student loan debt, which first exceeded $1 trillion in March 2012.
37 million:

The number of Americans who have student loan debt.
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The ranking of student loan debt compared to other types of consumer debt, second only to mortgages.
$101.8 billion:

The Department of Education’s estimated profits generated from student borrowers over the last five fiscal years.
Nearly 300 percent:

The amount student loan debt has ...

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Shocking Student Loan Relief Legislation Made Publc

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In today’s economy, it has become increasingly difficult to repay the student loan. This has made many Americans angry and frustrated due to the weight associated with the hefty loans and interest accruement. It thus comes as no surprise that there are several student loan relief programs available to many people. Offering student loan forgiveness, payment reduction, payment postponement to interest rate reduction; Americans can now breathe easy and begin to enjoy their lives again.

While it is hard to ...

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Top 10 Ways Student Loan Defaults Are Crippling Universities

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The number of students who are defaulting on their student loans has become alarming and many universities have started to implement measures that will protect them from losing federal funding due to high student loan default rates.
One of the primary reasons why the universities in the United States are considered to be among the top higher education providers in the world is because they receive funding from the federal government. The federal government provides funding to these universities in ...

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