Tag Archives: loan
What the student loan rate hike means to you
For student borrowers, that pricey college education is going to cost a bit more next year.
College savings advice – CNNMoney.com
Senate balks at taking up student loan bill
With federal student loan interest rates set to double July 1, the Senate failed Tuesday to get enough votes to take up a bill to extend low 3.4% rates for another year.
College savings advice – CNNMoney.com
Student loan rate hike: What you need to know
On July 1, the interest rates on student loans subsidized by Uncle Sam will double to 6.8%.
College savings advice – CNNMoney.com
Obama pushes to keep low student loan rates
President Obama will use his bully pulpit to urge lawmakers to prevent a doubling of interest rates on federally subsidized student loans.
College savings advice – CNNMoney.com
Pensions Helped EIG Loan Cash to Chesapeake, McClendon
An investment management firm that has loaned hundreds of millions of dollars to Chesapeake Energy Corp. Chief Executive Aubrey McClendon raised money for its most recent investment fund from 19 institutional investors, including some of the largest U.S. public pension funds, according to a private equity research firm.
NYT > Retirement
Taking a 401(k) Loan Is Almost Always a Stupid Idea
I wish there were some other way to say it, some kinder, gentler phrasing that could soften the blow. Unfortunately, there isn’t. In most cases, taking a 401(k) loan is idiotic. It’s stupid. It is unnecessarily risky, especially for those having financial trouble.
That might seem counter-intuitive, especially if you convince yourself it is better to pay interest to your own retirement account instead of to a bank or credit card company. While that logic may seem rational on the surface, it doesn’t hold up when you factor in the way Congress has structured the 401(k) program, tax policies, and bankruptcy laws. To learn more, read 5 Things You Should Know About 401(k) Loans …
Taking a 401(k) Loan Is Almost Always a Stupid Idea originally appeared on About.com Investing for Beginners on Thursday, March 29th, 2012 at 03:18:26.
Average student loan debt tops $25,000
Students graduating from college last year walked away with more than a diploma, they also left with a record level of student loan debt.
College savings advice – CNNMoney.com
