All Student Loans Articles

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student loans

What You Should Use Your Student Loan Money For

By College Raptor StaffLast updated on December 22, 2022
Your student loan money is primarily meant to pay off certain expenses. These include: College Tuition The majority portion of your loan will go towards your college tuition and fees. Prioritize this above all else. Accommodation & Meals Though significantly lower than college tuition, the second largest chunk of the loan amount will go towards …
student loans

What Are Student Loan Borrower Limits?

By Allison WignallLast updated on December 22, 2022
When you go to take out a loan, you can’t just take out as much as you want. There are limitations in how much money you can receive. Each type of student loan—whether it’s private or federal—will have some sort of borrower limit. The amount will vary from loan to loan, or even circumstance to …
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student loans

What Is Student Loan Delinquency?

By College Raptor StaffLast updated on March 12, 2025
A student loan delinquency occurs as soon as you miss a payment on your student loan. Delinquency on federal student loans are reported to credit bureaus after 90 days of non-payment. Delinquency on private student loans are reported to credit bureaus after 30 days on non-payment. Being delinquent refers to a situation in which a …
Consolidating your student loans has pros and cons
student loans

The Pros And Cons Of Consolidating Student Loans

By College Raptor StaffLast updated on February 25, 2025
College may be over and done with (or nearing it), but your student loan balance is far from. Graduation day, in fact, marks the beginning of our real journey towards financial freedom, and it all starts with paying off your debt. It can be bewildering at first as you try to figure out how to …
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student loans

Pros And Cons Of Student Loan Forgiveness Programs

By College Raptor StaffLast updated on March 3, 2025
Student loan forgiveness programs are introduced by the federal government and only apply to federal student loans. These programs are one of many benefits associated with federal student loans. These programs help you to clear your debt completely and save thousands of dollars in interest. However, it’s not that simple or straightforward. No lender, not …
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student loans

3 Important Things to Consider for Deferment or Forbearance

By College Raptor StaffLast updated on December 22, 2022
Although deferment or forbearance can be real lifelines when you are in a financial crunch with absolutely no way to make your payments, they can create even more financial problems for you if you make a rash decision. Things to Consider with Deferment or Forbearance Before you consider deferment or forbearance options, here are a few …
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student loans

Pros and Cons of Auto-Debiting Loans

By Morgan StaubLast updated on December 22, 2022
These days, a majority of college students find themselves having to take loans out to assist in their tuition payments. Most of these loans are to be completed in installments over a long period of time after graduation. If you’re the type of person, like yours truly, that finds paying bills to be stressful or …

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