by Ross Hornish | Apr 24, 2020 | Finance
A no-interest student loan is equivalent to winning a lottery but it is not free money. It entails paying the actual amount that was borrowed during the time of refund, unlike traditional student loans that are accompanied by their respective interest rates which...
by Ross Hornish | Apr 13, 2020 | Uncategorized
0% FED interest rate. 0% Federal student loan interest rate. These are truly amazing times. However, 0% interest does not mean 0% action. There was a shock on Sunday, 15th of March 2020 as the Federal Reserve made a proclamation that it would reduce interest rates to...
by Ross Hornish | Mar 20, 2020 | Student Loans
America has a real debt problem. With the national student loan debt now sitting somewhere around $1.6 trillion, it’s very clear that you need to seize any opportunity you can to diminish your contribution to the statistic. Low-interest rates make the present an...
by Ross Hornish | Oct 21, 2019 | Student Loans
2019 U.S. Student Loan Debt Statistics Student Loan Statistics: Overview Total Student Loan Debt: $1.56 trillion Total U.S. Borrowers With Student Loan Debt: 44.7 million Student Loan Delinquency Or Default Rate: 11.4% (90+ days delinquent) Direct Loans –...
by Ross Hornish | Oct 17, 2019 | Student Loans
Today, those that graduate college with student loans owe, on average, close to $30,000 and, over the coming years, they’ll likely repay more than that amount because of the rising rates of interest (the interest rate of the 2019-20 undergraduate class was 4.53%)....
