Monthly Archives: October 2013

College Graduates from May 2013 First Payment Approaching

The first student loan payment date is quickly approaching for students who graduated from college in May. This can stink for  new college graduates, especially after the ED recently stated default rates are on the rise.   Advertisements

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Consequences of Defaulted Student Loan

Delinquent loans are considered defaulted after  270 days past due. Student loan default can mean: Balance due immediately. Collection costs.

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Lots and Lots of Defaulters Hampering Economy

​I read this article in the Hartford Guardian ​ Nation Grapples with Increasing Number of Student Loan Defaulters Posted on 11 October 2013 by The Hartford Guardian By Savion Sage, ​Savion states, "​ A recent federal report found that one … Continue reading

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University of Phoenix Quarterly Cohort Rate Post

The cohort default rate requirements were modified by the Higher Education Opportunity Act enacted in August 2008 to increase by one year the measuring period for each cohort. If an institution’s three-year cohort default rates for the 2009 and 2010 … Continue reading

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