Page 2 - Plus Loan News Today

Children. we need to be creating opportunity for them, so that they can be the innovators of the future. for example, the decision to change the guidelines for the parent plus loans. the parents who suffered through the recession lost jobs, lost equity, are now being -- their children are being penalized by having these reservations that now make tighter credit standards. we have 14,000 african-american students attending hbsus, denied the opportunity to return to school. >> because it goes up e...

You try to tie it to the borrowing event. if youre borrowing for college you should be looking at loans, plus loan, never private loans. if youre putting an addition on your house, a home equity line of credit. i like matching the car loan to the car not the home equity, even though you get the tax deduction because youre going to pay 15 years on a car thats going to be long gone. >> and the deduction could go away, careful to buy on those right now. >> on anything right now. >> the question i h...

Ann wrote in, my daughter is transferring to a new college this fall. she received a merit scholarship from the new school. but we still need more money to pay it. she is applying for a sally mae student loan. is there another place that she should look for the money? >> so three basic areas. first, the student loan components, stafford loans, subsidized and unsubsidized. and perkins. dont forget to overlook those. and on the parent side, the plus loan. then as our your last resort, private loan...