student loan

Canada’s Student Loan Rates Compared (2013-2014)

 
As mentioned in my last blog, Canada’s federal (and most provincial) governments reap a hidden tax from the low and middle-income students who need to borrow student loans. 
 
These governments borrow money at a discount (at least 1% below the ‘prime’ rate). At present, that lets them borrow at 2% or less. Then they charge up to 400% more on student loans.





Grace Means Grace in Manitoba

  
Umm, I don’t mean grace, like at the dinner table. Though it’s surely as sincere in Manitoba as it would be anywhere else.
 
No, I mean those student-loan ‘grace periods’ after you graduate.





PEI Gets Interest-Free Student Loans!

 
Wow.
 
It’s front-page news here at Student Finance 101 when any province drops the interest charges on its student loans.
 
The last time that happened was back in August, 2009.
 





Can I Get Student Loan Forgiveness?

 
Here is a second in our 'people's question' series in the blog. 
 
Question:

Who do I contact to arrange for student loan forgiveness?
 
My loan is 10 + years old; not accredited (can be forgiven through the regular
channels; and in default. Single parent with [number of children deleted] on an [office-worker’s] salary.

 





New Student Loan Calculators - Here's How to Use Them

 
 
Debt 101's calculator team has now added two new custom calculators to the In Payment Calculator section. Thanks for your great work, team!!
 
Our new calculators will help you manage your student loans and save money too. Check them out below..
 
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