RAMBO
Shopping Cart
Your Cart is Empty
Quantity:
Subtotal
Taxes
Shipping
Total
There was an error with PayPalClick here to try again

Research and Consulting
Right Major + Right College = Success!
College Talk Blog
If you have accepted your admission offer...you are not done yet. Not reading and acting on email can lead to the cancellation of your admission acceptance.
If you have accepted your admission offer...you are not done yet. Not reading and acting on email can lead to the cancellation of your admission acceptance.
Blog
Student Loan Interest Rates Drop
Posted on July 2, 2016 at 11:35 AM |
![]() |
Student Loan Bandits
Posted on March 31, 2016 at 5:15 PM |
![]() |
Don't give up your financial benefits!
Posted on December 31, 2014 at 11:42 AM |
![]() |
Federal student loans come under different names depending on the era when a student borrowed. Some are called Stafford Loans and others are called William T. Ford and there are a few others. What those federal loans have in common is some protections that the private companies offering to consolidate are not offering. Federal loans come with all sorts of contingency provisions like deferments and forbearance if a student has a hardship like unemployment or low income. There are also protections for borrowers who become disabled (loan forgiveness) and those who might have been victims of educational institutions who did not follow required guidelines. Once a borrower consolidates with a private lender or debt relief company, they lose all that AND take on new debt for the assistance. The US Department of Education will work with borrowers whose payments are unmanageable or who are in default. Borrowers don't need a third party (who is there primarily to get more money) to help get a student loan out of default. Borrowers in trouble need only contact the US Department of Education or the financial aid office at the college they attended for good advice and assistance in avoiding loan defaults or rehabilitating a defaulted student loan. |
Students 1-Congress 0
Posted on August 3, 2013 at 11:02 PM |
![]() |
Future student loan payments after college graduation for this years incoming freshmen class just got lower. A congress that realized the future election payback of the furor caused by doubling student loan interest rates under sequestration made a deal. Both houses passed a student loan bill that was a slight increase over the 3.4% rate that ended June 30, 2013 up to 3.9%. This was a great improvement over the 6.8% rate undergraduate students would have faced. Approximately 90% of legislators voted for the bill. The change of heart may have been due to the fact that legislators who had been happy to let loan rates double did not realize who student loan consumers are. The student loan interest rate increase would have disproportionately affected middle and upper income families who are heavy users of student loans for higher education. If signed by the President, the new student loan rates will be:
Loan rates will be fixed over the life of the loan but will change for new borrowers each year. More details will be released by the US Department of Education once the bill is signed. |
Declaration of Independence from Student Loan Debt
Posted on July 4, 2013 at 12:48 PM |
![]() |
In the US, where we desperately need graduates in a variety of scientific and technical fields such that we have to import talent from other countries, Congress has allowed student loan interest rates to double as of Monday, July 1, 2013. Interest rates for future student loans provided by the government through the William T. Ford Direct Student Loan Program increased this week from 3.4% to 6.8%. Most consumers are unaware that the goverment will pocket an anticipated profit of 4% of the interest charged. Student loans are a safety net that is necessary for many. Students need to plan carefully to avoid borrowing more than they can realistically repay.
Copyright © 2013 Rambo Research and Consulting LLC. All rights reserved. |
So what does double student loan interest mean to me?
Posted on June 4, 2013 at 12:58 PM |
![]() |
For students who borrow the average amount of $23,000 and repay their loan over the standard 10 year repayment period, the impact is $4,598.98 in additional interest. That figure uses a repayment model in which the student pays his monthly loan interest that accrues while he is in school. Student loan interest rates have been at 6.8% before (2006-2008). Regardless of the interest rate, there are 3 steps families can take to minimize the impact of student indebtedness at graduation:
For more information about student loans, look at the student loan calculator at www.finaid.org. Copyright © 2013 Rambo Research and Consulting LL. All rights reserved. |
We are ripping the college access safety net
Posted on June 1, 2013 at 1:23 AM |
![]() |
Recent surveys have found a correlation between family income and valuing college. Families with an annual income under $90,000 value a college education less than families with incomes over $90,000 per year. The middle income demographic is the same one that is less likely to get significant grant funding. Making it more expensive for students to obtain loans for college by doubling interest rates will discourage some families from sending their children to college. Unless lawmakers are successful passing legislation to prevent student loan interest rates from doubling July 1, another barrier will been placed in front of middle class students trying to work their war toward the American dream. At this stage of our national recovery from the recession, is it a good idea to further drown students in debt for education we desperately need for them to have in order for us to complete in the global marketplace? |
Will sequestration affect your college aid package?
Posted on March 16, 2013 at 5:46 PM |
![]() |
Lawmakers in favor of sequestration may think the goverment-economic-belt-tightener will impact students whose families pay low or no taxes. In fact, sequestration is more likely to have the most direct effect on middle class students who rely heavily on loan and other self-help programs like the TEACH grant. Although sequestration may make proponents feel good about doing something immediate about reigning in the national budget, it is likely to have a very negative long term impact on the middle class consumer budget in the future when higher interest student loans come due. |
Categories
- Tranferring (1)
- Picking a college (1)
- The College-Job Connection (1)
- Good advice (7)
- It's all in the timing (6)
- College Admission Tests (6)
- Transcripts (1)
- College Admission Deadlines (20)
- College Myths (8)
- Admission Essays (16)
- Kids Today (2)
- Parenting Teens (2)
- MOOC (1)
- Education Consumerism (11)
- College Transfer (1)
- Value of College (1)
- Summer college prep (1)
- Student Development (1)
- Planning for College Success (5)
- College Entrance Exams (3)
- Jobs (1)
- GAP Year and Summer Programs (2)
- SAT and ACT (1)
- GAP Year (1)
- Athletes and College (1)
- Accepted? Now What? (3)
- Acceptance (6)
- Majors (1)
- College Counseling and Advising (1)
- College Admission Decisions (5)
- Surviving fall semester fo the senior year (2)
- College Choice (9)
- Media Treatment of College Information (1)
- Maturity (2)
- Grad School (1)
- College Recruitment (1)
- Start Planning Early (1)
- Student Posts About Their Experiences (1)
- Graduate to a Job (2)
- Student Loan Debt (5)
- Online College (1)
- Parent and Grandparent Support in the College Process (2)
- College Buyer Beware (6)
- College Major (10)
- Career Planning and College (27)
- Highly Selective Colleges (1)
- College Applications (17)
- Getting in....or not (10)
- FInancial Aid (5)
- Early preparation for college (9)
- Learning Disability Accommodations (3)
- Parent and student relationships in the college process (7)
- Moolahversity (12)
- Campus Safety (7)
- College Prep Opportunities (2)
- College Prep (15)
- Adult Students (2)
- Positioning Students for Success (7)
- College Camp (2)
- Money and College (11)
- Success Hints (4)
- Admission Decisions (18)
- College Graduation and Beyond (2)
- Financial Aid and Scholarships (10)
- College Scholarships (7)
- Student Loans (8)
- FAFSA (8)
- To-do lists (6)
- Summer Activities (2)
- Social Media and College (1)
- College Admission Essays (12)
- The Junior Year (2)
- Parent and Grandparent Support (2)
- Scholarships (13)
- College application process (24)
- College Freshman Adjustment (1)
- College succcess (9)
- IEP (3)
- College Costs (14)
- Choosing the best college for you (38)
- Home
- About Us
- College Talk Blog
- College Counseling
- College Admission Help
- College Scholarship Help
- Educational Consulting View
- How We Help Middle School Kids
- How We help High School Kids
- College Survival Skills
- How We Help College Students
- How We Help Grad Students
- How We Help Adults
- Cost Information Summary
- Sign Up for Advising Here
- In the News
- College Application Help Q & A
- Financial Aid Q & A
- College Scholarship Q & A
- General Q & A
- Consumer Information
- Speaking
- Press Releases
- College Advising ROI
- Outcomes
- Educational Consulting
- Other Sites You Should See
- Community Organizations
- Make a Payment
- Contact Us
- Terms of Use & Disclaimers
- Home
- About Us
- College Talk Blog
- College Counseling
- College Admission Help
- College Scholarship Help
- Educational Consulting View
- How We Help Middle School Kids
- How We help High School Kids
- College Survival Skills
- How We Help College Students
- How We Help Grad Students
- How We Help Adults
- Cost Information Summary
- Sign Up for Advising Here
- In the News
- College Application Help Q & A
- Financial Aid Q & A
- College Scholarship Q & A
- General Q & A
- Consumer Information
- Speaking
- Press Releases
- College Advising ROI
- Outcomes
- Educational Consulting
- Other Sites You Should See
- Community Organizations
- Make a Payment
- Contact Us
- Terms of Use & Disclaimers
/