College Loans Consolidation » (The

‘The Creditor and the Plastic Duck Junkie’

College Loans Consolidation — Thu, 20 May 2010 08:55:50 +0000

Let’s say that I make plastic ducks and that I sell them to a broke-ass deadbeat with an addiction to…well… plastic ducks. The ducks cost me a dollar to make and I sell them to the junkie for $2. My profit is $1. He, being a broke-ass debt ridden, plastic duck junkie, is constantly begging for a loan, so I regularly lend him 50c from the profit I make. I say, loan, but its a teaser really – to keep him ordering ducks. The other 50c of profit I invest wisely in sound resource companies, commodities, and tangible assets. The hard stuff – stuff that’ll hold its value and probably increase in future. Friends call me a fool for lending this broke-ass plastic duck junkie money. “It’ll be flushed down the drain” they advise me. “Oh, no doubt about that”, I reply, but every plastic duck I sell to that plastic duck junkie gets me another 50c genuine profit (which I put into those good investments), and another 50c of bullshit profit that I can lend back to the junkie to keep him happy without caring about it too much. And what does he do with those 50c loans?…. hahaha… he mainly buys more frickin’ plastic ducks. Its hilarious. More ducks. Those 50c loans to the plastic duck junkie are already written off as far as I’m concerned, anything I get back is a bonus. Ok, so its added up to $1trillion or so so far, and yes that is a lot of money, but how much do you think I’ve accumulated in genuine profit from the other 50c? And that’s invested in solid commodities, resource …

Globetrotter Fan “Loans” Her Purse

College Loans Consolidation — Sat, 30 Jan 2010 08:59:05 +0000

The settlement loan frequently asked questions contains the 7 most popular answers to questions regarding settlement loans. It’s common to have questions when taking out this type of loan. Below, you’ll find all the answers to the basic questions that can arise.

What is a Settlement Loan?

A settlement loan is a cash advance on your pending lawsuit. A settlement loan provider will give you a loan contingent on your pending case; based on the amount that you might win and the merit the case holds in court. These are great for people who cannot work during their pending lawsuit and need cash to support themselves financially.

How do I pay back a Settlement Loan?

You loan is paid back after you case is settled. You will not make monthly payments or have a lien placed on any property you might own. The whole concept of the settlement loan is to provide an advance on possible winnings awarded in your lawsuit case.

What if I lose my pending lawsuit?

With most respectable settlement loan providers you pay nothing back. The agreement is that you only pay back the loan if your case is won. If you win less money then what was provided in your loan you keep the difference.

Can’t my attorney just lend me money during my case?

The American Bar Association won’t allow attorneys to lend money to clients. This prevents conflict of interest during your pending lawsuit. In theory, if you owed your attorney money you might feel the need to settle for a less amount to satisfy that loan.

What can I use the Settlement Loan for?

Whatever you want, the settlement loan will not contain restrictions on what the money can be spent on. However, settlement loan providers like to know their clients are using the money to support themselves during their pending lawsuit financially.

How long does it take to receive my funds?

This can vary from settlement loan providers; it can take longer if you go through a broker and not an actual settlement loan provider. It can take around 2 to 7 days in most instances to get your loan approved and receive your funds.

What will my attorney think of getting a settlement loan?

Your attorney should understand with your interest in a settlement loan. They especially know the hardship on some clients during a pending lawsuit when they cannot get access to funds. As long as it doesn’t interfere with any current agreements with your attorney they should have no reason to be against the idea.

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Harlem Globetrotter Showman Special K Daley borrows the purse of an unsuspecting fan.

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Are you thinking of getting a settlement loan? Legal Settlement Loans is the premier provider of information and educational resources for settlement loans. If your interested in learning more about settlement loans than visit the LegalSettlementLoans.com website today!

Kucinich: the Federal Reserve is paying banks NOT to make loans to struggling Americans!

College Loans Consolidation — Thu, 21 Jan 2010 08:59:13 +0000

This guide is designed to explain the top 5 reasons why someone in a pending lawsuit would want to apply for a settlement loan. A settlement loan is basically a cash advance on a possible settlement amount during a pending lawsuit. A settlement loan provider reviews the probability and merit of winning your current lawsuit and determines if you’re eligible. Below are the top 5 reasons why a settlement loan would be right for you.

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#1. Credit checks or Income Amounts Aren’t Required with Settlement Loans.

A settlement loan is a provider or investor buying interest into your pending lawsuit. They provide a specific monetary portion of your estimated awardable amount in return for a specific amount of it and the original amount loaned to you. Since settlement loans are solely based on your case your credit report and current income play no role in the application process.

#2. Your Are Required to Only Pay Back if You Win.

This is the main reason settlement loans aren’t consider traditional loans. If you lose your lawsuit you’re not responsible or obligated to pay back the amount of the settlement loan. You only pay back the amount if you win your lawsuit case; this fact alone makes a settlement loan far better than a traditional loan.

#3. Prevent Early Settlement of Your Pending Lawsuit

You’ll probably not be able to work during your pending lawsuit; income will be unattainable and you’ll be stuck with your current assets. Ethical rules prevent attorneys from loaning their client money, as it might create situations where you’ll feel you’ll need to settle sooner when you really didn’t want to. A settlement loan can provide you with financial support during your pending lawsuit. You won’t feel the stressed to settle your case early; you’ll be able to make all medical payments, auto payments, home mortgage, etc on time and protect your credit history.

#4. Your Not Required to Take Out The Full Amount

You never need to take out the maximum amount allowed in you’re approved settlement loan. Settlement loan providers go as low as $150 and up to $5,000,000+ when it comes to loan able amounts in your pending case. This allows you to only take out what you need during the case and keep more of your awarded money after a verdict is reached in your case. Settlement loan providers allow you to take out multiple settlement loans if you still need more money and the case has not ended yet.

#5. Settlement Loans Do Not Affect Your Case.

For some reason people think settlement loans will effect their case, this is farther from the truth. The defendant in your case is never notified if you apply for and\or get accepted for a settlement loan. In fact, the court itself isn’t even notified about the settlement loan and the provider is not required by law to notify anybody beyond your attorney.

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Tuesday, 21 July 2009 US Congressman Dennis Kucinich (D-Ohio, 10th District) questions Neil M. Barofsky, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), testifying before the House Committee on Oversight and Government Reform, about interest payments made to banks that keep their TARP funds and other government (taxpayer) bailout money with the Federal Reserve, instead of making loans to struggling Americans (the original intent of the TARP, remember?) The Fed …

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Forty-two states lost jobs last month; Homeowners ‘strategically default’ on loans

College Loans Consolidation — Sat, 16 Jan 2010 09:03:39 +0000

When hearing the phrase “settlement loan” you might think it as a traditional loan. This is not the true. Most financial institutions do not lend money based on the merit of a pending lawsuit case. This is because financial institutions cannot absorb the risk behind it since they are funded by consumer monetary; especially with banks. This is why most people turn to settlement loan providers when in need of financial aid during a pending lawsuit.

One of the best things about settlement loans is you do not have to repay the loan back if you lose your case. For example, if you were loaned $30,000 and your case ended in a loss and you still had $10,000 left the money would be yours to keep. This risk is taken by all settlement loan providers. This is why they do research into your pending lawsuit before loaning any money.

You won’t get a negative mark on your credit score if you lose your case. In fact, nothing based on credit history is involved with settlement loan application process. Regardless of your credit history you are still eligible for a settlement loan. However, in instances where a client has filed for bankruptcy there might be an issue, you should consult your attorney if this is the case.

There is nothing wrong with getting a settlement loan during your pending lawsuit. In fact, it is sometimes suggested by your attorney. Due to the hardship clients might face financially during a lawsuit sometimes people will settle for a less amount than the case is worth. With a settlement loan a client can take care of financial needs while the case goes the full course.

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month Obama: Economy probably won’t produce enough jobs until 2010 More states lose jobs in August versus July www.msnbc.msn.com Obama: Economy probably won’t produce enough jobs until 2010 www.cnn.com Homeowners who ‘strategically default’ on loans a growing problem www.latimes.com Ahead of G-20, Protesters Call for New Jobs online.wsj.com Will Junk Silver Be Accepted for Barter, Post-Collapse? Survival blog www.survivalblog.com … Junk Silver strategically default Homeowners Economic …

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Star Spangled Banner by Alex Raz at Quicken Loans Arena

College Loans Consolidation — Wed, 13 Jan 2010 09:03:09 +0000

If you’re in the middle of a pending lawsuit you already understand the financial stress than can build during that period. This is especially true for injury or accident related lawsuits. During this period the plaintiff in the case won’t be able to work, and depending on the situation might never able to work again. As with most lawsuits this can be a very trying situation; most lawsuits tend to take many months if not years to complete. During this period the plaintiff in the case can become delinquent with monthly bills, medical payments, car loans and mortgages. In worst cases you can actually lose your home or vehicle during a pending lawsuit; and have adverse effects on your credit history.

Many people in this situation tend to do the worst thing and take out more credit. This can include applying for more credit cards or taking out a home equity loan. This is dangerous, if you lose your pending lawsuit you’ll still be liable for that money that was loaned. A better option in this type of situation is a settlement loan. They are a great way for a plaintiff in a pending lawsuit to take hold of their financial issues, and in the process protect their assets and credit history.

The best part of a settlement loan is it doesn’t have to be paid back until the end of your lawsuit. If you happen to lose your lawsuit you pay nothing back. That means the money you spent and that is left over the settlement loan is yours to keep and will not effect your credit history or any personal property you would other wise take out equity loan on. Settlement loans are based on the merit of your lawsuit, so if it’s a strong lawsuit against the defendant you’ll almost certainly get approved.

Remember, you need to make smart financial moves during your lawsuit. A traditional loan can be damaging if you fail to win your case since you’ll still be responsible for the payments. This is why the settlement loan is a far better option, you’ll be able to secure the financial funds you need to proceed with life and not be in danger of a loan you can’t afford if you lose.

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MAC Conference title game, at the Quicken Loans Arena, Cleveland Ohio, March 14th, 2009 Game aired on ESPN 2 www.myspace.com/alexrazrocks for more info on Alex

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Student Loan Scams 1 – Sallie Mae, Part 3

College Loans Consolidation — Mon, 11 Jan 2010 09:02:48 +0000

When looking to get a settlement loan you’ll find there are thousands of companies and brokers that offer settlement loans. As with any field of business some companies don’t meet specific standards or have many pending issues with past clients. When it comes to settlement loans you want to go with a reputable company with a long history of satisfied clients. Failure to do so can result in hidden fees, high interest rates and other issues that can arise when it comes to paying back your settlement loan. This article will explain some of the methods you can use to check the reputation of a settlement loan provider.

One of the great tools in your arsenal to check the reputation of settlement loan companies is the internet. It allows people world wide to view and share information about anything, from food to vacation stories and even settlement loans. There are also tons of sites that are dedicated to consumer reviews and reports regarding issues with companies they’ve used. One of the best methods to see if any reviews or complaints are outstanding is to use Google Search. In Google Search type in the settlement loan provider’s company name and view the first 3 or 4 pages of results. Keep an eye out for titles like “Rip Off”, “Complaint”, “Outstanding Issues”, etc. You can also use the settlement loan provider’s website address in the search bar; just make sure to remove the www in from of the website address.

You can also look at the settlement loan provider’s website too see which state the company is located in. You can also get this information by calling the company. Then, look on your states official website to see if there any outstanding business complaints. You can also check court records online for your state to see if anything is pending against the company itself.

Consider asking the attorney handling your pending lawsuit if they have any recommendations for a settlement loan provider. More than likely they have dealt with clients before that have applied for and received a settlement loan. They can most likely tell you a reputable settlement loan provider or at least warn you of any they know have created issues with past clients of theirs. Which ever method you choose make sure that you do your research, it’s your rightful money and you don’t want to lose it to a shady settlement loan provider.

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[Part 3] Sallie Mae is the largest student loan company. We look at a 60 Minutes report on Sallie Mae and how Sallie Mae, with the help of government, makes a lot of money off of student borrowers.

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can i settle student loans on sallie mae | is sallie mae reputable | sallie mae settlement offer scam | |

PrivateStudentLoanConsolidation

College Loans Consolidation — Mon, 14 Dec 2009 08:29:07 +0000

College loan consolidation relieves the students from the tension of repayment of their loans by consolidating them into a single installment and that too at a lower rate of interest. So, it also helps them to concentrate on their studies.

Why college loan consolidation?

Today’s career conscious students can actually get great help to ease off their burdens of repayment of large amount of their student loans. They can conveniently pay attention on their selected career instead of wasting their sleep over paying the various installments of monthly student loans. College loan consolidation ensures them a peace of mind even when they are in huge debt.

When a student applies for different loans from various financial institutions, there are numerous interest rates and long term payment system that comes along with such student loans. The main aim behind a consolidation student’s loan is to combine the various student loans into a single convenient payment loan system. With these student loan consolidation schemes, the students only need to make a single monthly loan payment instead of the burden of several loan fees for each month. Having the features of less credit checks and lower rates of interest make these consolidation student loans all the more demanding and advantageous.

Relieving the unnecessary tension

College loan consolidation contributes in helping students to focus more on their education and development rather than the debt that needs to be repaid. With a single loan and lower cost of monthly payments, students can enjoy their tension free sleeps. After making a thorough research on the available options in student’s loan consolidation, one can find the best and most beneficial consolidation students loan service provider.

Some of the exceptional benefits that are provided while you choose to consolidate student’s loan include:·

* Payment of the fixed rate of interest- With some of the federal student’s consolidation loans, there may be chances that you would be required to pay a fixed rate for the entire life of the student loan. It is a wise idea to do some research and see the most appropriate rate of interest and the total loan term that you are eligible for.

* Lower amount of monthly payments- Depending upon the amount of the student’s loan and the willingness of the lender, students may be able to get the monthly payments lowered up to fifty percent or so.

* Extending the total payment time span- With the help of federal consolidation student’s loans, you can avail the facility of extending the repayment period up to a maximum of 30 years or so.

* Having easy and convenient loan payments- By taking the option of consolidating student’s loan, the students need to have only a single loan payment for each month and writing a single check. This is highly advantageous in case you are writing various checks each month to several lenders as it can be really confusing as to what amount needs to be paid to which lender?

Availing the online options

Internet has made it easy to approach the lenders who help in a quick student loan consolidation. The World Wide Web contributes tremendously in making convenient the research and finding excellent deals for consolidate student loans with a few mouse clicks. You can get latest quotes and compare different interest rates and quotes of several loan providers and that too without wasting your efforts as you need not waste any money and time in visiting each and every consolidation loan service provider.

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private-student-loan-consolidation.webtoolslibrary.com … private student loan consolidation college

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I am thinking doing a college loan consolidation where should I start?

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Daisy Wilson is an expert in college loan consolidation and her articles has helped many students to sort out their debt consolidation woes. She has deep insight in debt consolidation and other related issues.

Student Loans : How to Reduce Student Loans

College Loans Consolidation — Wed, 26 Aug 2009 22:59:59 +0000

Your alternative to Federal Student Loan Consolidation is Private Loan Consolidation. Most of the private student loan consolidation plans are sort of refinancing for getting out of the unsecured loan problems. Though all loan consolidations are regulated by the Federal as well as the concerned State Laws the interest rates, terms and conditions of the private student loan consolidation vary from firm to firm.

While interest rates with some of the agencies are higher in comparison to others, other benefits they provide may suitably counter balance the deficiencies in their plans. Therefore it is essential for you to get well acquainted with the details of the offers made by any private company because as you decide to go for the private loan consolidation many companies with come forward with offers. While some of them might look very interesting on the face they may be lacking in intrinsic values.

Private Student Loan Consolidation Interest rates

Some of the companies offer their beneficiaries the benefits of the introductory rate for the first year that could be as low as 7.9%. Such interest rates are derived basing on the three month LIBOR added with 5% to 8.5% interests. LIBOR means the London Inter Bank Offered Rates.

Unlike the Federal Loan consolidation you will have to pay fees in the range of 1% to 5% on both your personal credit and co-signer credit. They will however not be due immediately and will only be charged on the closure of the loans. Since they are added to the loans it increases your loan volume but the advantage is that it prevents any further out of pocket expenses that could accrue.

Private Student loan consolidation for undergraduates

In most of the private student loan consolidation plan the interest rates charged for undergraduates are identical. The primary rate is LIBOR added with 5 to 8.5 percent interests. Overall it may come in the range of 7.9% to 11.93%. There will be fees of around 1% to 5% depending on the type of consolidation you have opted for. The maximum term that is permissible is 25 years and the maximum balance for which such consolidation is permitted is $1, 50,000.

For example, if you have a principal of $50,000 and LIBOR rate at around 2.8%, your interest rate could be in the range of 7.9% to 8.1% for 25 years period. The prerequisites would be fees of 1% and your good credit rating which means you must not be defaulter against any loan as on date.

Get private student consolidation online

With the Internet and World Wide Web there to help you out getting the private student loan consolidation is easy. You can get them online. Numerous traders are providing such loan consolidation facilities and the only task for you would be to find out the best consolidation loan rate student. You can obtain the free information package provided by the providers on line or visit their FAQ section. Some of the providers also have a group of experts to enlighten you on various aspects of best student loan consolidation.

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The easiest way to reduce student loan payments is by making payments while attending school. Find out how to talk to a lender about loan consolidation withhelp from a financial aid officer in this free video on student loans. Expert: Brooke Kramer Contact: www.argosy.edu Bio: Brooke Kramer is the financial aid officer at Argosy University in Salt Lake City, Utah. Filmmaker: Michael Burton

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How can I payoff a $130,000 student loan, with a $30,000 per year income?
I got a graduate degree used part of my student loan to try and save a failed business…
I consolidated my loans into a private company, College Loan Corp; can then go for the Income Contingent Repayment Plan with this one company I consolidated with?

If I declare bankruptcy do I face my private consolidation company in court or the US Government?

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Daily Wilson is one of the well known experts who provide aid and advice on best student loan consolidation. Presently she is the professor of economics in a leading American University and has been writing articles on best student loan consolidation rates periodically in various magazines and publications.

Student Loans : About Student Loan Consolidation

College Loans Consolidation — Fri, 21 Aug 2009 23:00:24 +0000

Many college graduates come out of school with several loans to pay off. This means that after the six month grace period there will be payments for each of your loans. Each of those loans will have their own interest rate which will make the loans themselves difficult to pay off completely. Finding the best student loan consolidation program can help you pay less each month and put an end date to those student loans as well.

The first priority will be to find the best student loan consolidation program. Each program will have its own perks and its own drawbacks. One of the most important details to the loan consolidation payback will be the interest rate that is charged each month. If you presently have two loans that charge 8% each you should consider the fact that each month you are paying 16% on your entire student loan. That means that you will be paying thousands on top of the thousands that you borrowed. When you consolidate those loans into one you’ll want to find the best interest rate which you will only be charged once each month.

When you’ve found the best interest rate, you’ll want to make sure that this loan also has the best terms for payback. In other words, be sure that the date set for the termination of the loan is reasonable. If you say that you’ll have your loan paid off in five years, be sure that this is feasible. Of course we can’t predict everything that will happen, but you should have a good idea of the amount that you’ll be able to afford over time. If ten years is more workable, find the best student loan consolidation program that has a good interest rate and the best payback terms.

A flexible loan payback program can be most helpful. There are those times in everyone’s life that money is tight. In those times it may be helpful to put your loan into forbearance. Be sure that the loan you decide to go back is willing to agree on a forbearance or restricted payback amount for a certain period of time while you get your finances back in order.

The loan’s interest rate should not be flexible however. The last thing you need is a large increase in your monthly payment because the interest rate fluctuated. Making sure the interest rate is fixed will also ensure that your payment will always be something that you can live with. When you know the payment that you’ll have to pay each month you’ll find that you can budget effectively.

If possible, make sure there is no penalty for making early payments or for paying the loan off early. If you get a windfall of cash from somewhere, you may want to pay off this student consolidation loan completely, so you want to make sure that is possible.

A consolidation loan can save you thousands. You will pay less each month yet your payment will be more effective. Your loans will have a definite paid date which is not ages into the future. Finding that loan may be easier than you think and certainly worth the trouble.

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Consolidation of student loans is something that almost every student can do after they graduate. Find out how to make one payment on multiple student loans, and how to make the terms longer, withhelp from a financial aid officer in this free video on student loans. Expert: Brooke Kramer Contact: www.argosy.edu Bio: Brooke Kramer is the financial aid officer at Argosy University in Salt Lake City, Utah. Filmmaker: Michael Burton

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School Loan consolidation?
I consolidated my school loans during my 4th year of college. I still had one year of school left after that. So now I have two loan payments that equal $200 a month. I just started paying them three months ago…is there any way I can get the payments lower than that?

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For more insights and additional information about a Student Loan Consolidation please visit our web site at http://www.debtconsolidationstrategies.com

Federal Loan Debt Consolidation : Student Loan Debt Consolidation

College Loans Consolidation — Sat, 15 Aug 2009 22:59:11 +0000

Nearly half of all college graduates have reported taking out some sort of student loan in order to help finance their education. Since most graduates do take out loans to pay for their college, many are choosing to use student loan consolidation to help relieve their financial burden after graduation. The following paragraphs will take a closer look at what student loan consolidation is, as well as discuss the interest rates associated with student loan consolidation.

Student loan consolidation is the act of combining more than one student loan into one loan, then repay all of the initial student loans with just one monthly payment. Commonly with this is, the monthly payment will be lower than the payments of the combined unconsolidated loans, as well as student loan consolidation rates of interest. You can also chose time limits up to 30 years to repay the new loan. While this is all beneficial thus far, there is one clear disadvantage associated with college loan consolidation.

It is a true fact that you get a longer time period for repayment when you consolidate loans, and most commonly a lower monthly payment, but that means you will be paying back far more interest than you would have paid with your original student loan agreements. In other words, you will get have more time to pay back your debt, with a lower interest rate, but you will be required to pay this interest for the entire duration of you student loan consolidation agreement.

Currently, the common loan rates are fixed for the life of the loan, which is another advantage. Most private student loan rates are variable, and can change at any time during the loan contract. Having a fixed rate means you will have the same interest rate throughout the duration of your loan agreement; it will never change.

So, while you will likely have to pay back more interest when you consolidate student loans, there are many advantages that can outweigh that disadvantage. If you are considering this, first do your research to ensure you get the best loan suited for your individual needs.

If you need more information on the subject, you can use the internet. By utilizing your favorite search engine, you can generate a list of links that can help you to determine if student loan consolidation can help you. Just enter “student loan consolidation” into the search engine to generate the list.

Student loan consolidation has helped many people after graduation to help manage the debt they incurred through student loans.

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Student loan debt consolidation – Consolidate your student loans or college loans to lower your monthly payment. Student loan debt consolidation services for federal and private students. Federal debt consolidation loan is an easy and complicated way to repay federal student loans. Federal…

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What is the best way to pay off student loans?
Upon completion of college, I will owe in access of $40,000 (should have chosen a cheaper University). Besides hoping for a well paying job, any tips on how to pay off the loans in a 3 year time period? I want to go to grad school but I am willing to stop after my bachelors to pay these loans down first. From my colleagues, I have been hearing that consolidation is a ripoff.