Posts Tagged ‘Student Loan’

Why don't Free Market Principles work when creditors give out loans for students and payday loans?

Thursday, March 11th, 2010

For instance, private creditors will give out student loans at obscenely high compounded interest so the poor student will be stuck with debts for many years.

Similarly, when the working poor and lower-middle class need a paycheck advance, some shops and creditors will offer loans with immense interest rates, too.

But according to the Free Market, competition amongst creditors should mean that the creditor offering the lowest interest rate GETS most of the customers.

Why doesn’t it work that way?
If I were a creditor and I offered students a 1%-interest student loan (but everyone else was offering students 5%-interest loans), technically I should be flooded with students trying to get money from me!
@ SDD: But WHY?
Don’t free-market principles state that if the supply were to increase (i.e., lower-interest loans), there’ll be a corresponding demand to match it?

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Can International students apply for student loans?

Saturday, February 13th, 2010

I am an international student and I want to get another degree, an MBA degree. But as you all know MBA fees and tuitions are sky high. I am thinking if I can use student loan to support my MBA study?

Thank you guys!

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Why do students take out enormous student loans for unmarketable degrees? Do they understand the risk?

Wednesday, February 10th, 2010

Why would you take out a student loan of 50k or more for a degree that will only start you at a salary of 30k a year?

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why do indian students coming to US for masters in science need a bank loan?

Tuesday, February 2nd, 2010

Aren’t they sponsored by the grad school? I have heard that , in science, students get paid for studying. So, why do students pick up a student loan?

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What Is The Deal With College Loan Deferred Payment?

Tuesday, January 26th, 2010

Finance is understood to be cash, hazards, stocks and shares, bonds, liabilities, and one or two different items surrounding cash that are too many to add, with college student loans simply one other part of this in depth subject. Who would have thought that cash would become the very stuff of our world? It’s nearly like it provides us purpose to be. A type of blood flowing thru our veins, keeping it’s heart in Wall Street.

In today’s society, info of these things is available to everyone, mixed with facts on any other thing, by simply carrying out an easy web search. If you’re trying to find info related to varsity loans, the web is actually the spot for you. There’s been a lessening in the funds available for public or non-public grants in the US over the last a decade. This has made it hard for a lot of scholars to get thru university. But with the college loan, their dreams may still come to pass.

It is left for them to take it or not. At one previous point, the majority of the children that went to school or varsity were on all types of grants. That was undeniably true of the late 1980s in the States. These days , there are far more scholars on study loans and different types of borrowed cash than there are those on grants. That should tell you that you aren’t alone. The numbers talk for themselves. You can go to school and be a loser who dropped out because they couldn’t meet their fiscal responsibilities. Otherwise, you may be the kid who took the high-school college loan and finished school.

It’s your call ; but do not blame anyone in the future for the decisions you make today. Before the turn of the century, the quantity of scholars who were on all types of grants in US faculties was about forty percent of all that were in university. That p.c. continues to drop over time, with a marked increase of scholars who have to borrow to remain in university. And if you’ve got to borrow, why not a university student loan? Lots of scholars owe all of the way thru varsity and continue to owe afterward.

The banks of a university student loan rarely panic because they know you’ll be back when bad credit begins to adhere to you like glue in the future. And then they get their cash back from you. For this reason, they’re ready to loan to you as much as you want.