Once again, explains everything. I have no questions now, you have answered them all. Your videos should be a requirement starting June 1 on the loan topics. I have sent these links to my brothers who have up-and-coming seniors. Thanks again for awesome info.
Thanks for letting us know how those loans work for the student and which loans have higher percentage points. This was very helpful. Please give us more information on loans if there is more that we should know about.
Thank you for explaining the interest rates (student vs parent plus loans). My daughter is a senior class of 2022 at Jamaica Gateway to the Sciences High School.
I actually called and spoke to someone at one of the most popular private student loans companies and was told that loans on students'names have higher interest rates because they have no credit history. Their interest rates are actually between 7-13 percent. The lower rare would be if the loan is on the parents name.
Why do you guys forget to mention: score of 640 or 650 and a low debt to income ratio. You can have over 700 credit score but if you have a lot of debt you’re not getting any loans .
Do parent plus loan fall under the loan forgiveness program?? Also, if you’re co-signing a private loan, doesn’t that reflect on your credit report? And if the student doesn’t pay, you’re responsible to pay?
I applied for the parents plus b/c in high school, college career counselor recommended it. I now realize that is not what I want. I was just told I can switch and look into private loans b/c nothing is finalized til mid September. My question is, will that affect my interests, seeing I already have that loan? Also, will I have any penalties cancelling the parent plus?
I have 20 different loans for my student loans. I work for a non for profit company full time. What should I do. Also I have Navient for a few of the loans.
Once again, explains everything. I have no questions now, you have answered them all. Your videos should be a requirement starting June 1 on the loan topics. I have sent these links to my brothers who have up-and-coming seniors. Thanks again for awesome info.
Thanks for letting us know how those loans work for the student and which loans have higher percentage points. This was very helpful. Please give us more information on loans if there is more that we should know about.
Thank you for explaining the interest rates (student vs parent plus loans). My daughter is a senior class of 2022 at Jamaica Gateway to the Sciences High School.
Thank you for watching your high school has been counted
Great video!! My daughter is graduating this year 2023 from High Tech High School in Secaucus.
Very helpful. You have become my main source for many of my questions. Thank you!
Thank you for watching
I actually called and spoke to someone at one of the most popular private student loans companies and was told that loans on students'names have higher interest rates because they have no credit history. Their interest rates are actually between 7-13 percent. The lower rare would be if the loan is on the parents name.
Super insightful and informative Mr. Zamora. Thank you so much for your valuable insight!
This video was really informative. You had guided us in the right direction right from the start. Question...any update on student loan forgiveness?
Just put a new video out about it yesterday
@@edzamoracollegeprepchannel3820 I must have overlooked it. Let me check it out!
Great suggestions about skin in the game!!
Your info is very helpful thank you
Great information, thank you. West Morris Central HS, Class of 2024
Thank you for the detailed information Ed! Roxbury High School Class of 2024
Why do you guys forget to mention: score of 640 or 650 and a low debt to income ratio.
You can have over 700 credit score but if you have a lot of debt you’re not getting any loans .
This is the one thing I regret taking out a parent plus loan and not get anything from it I wish I had known this😫😫😫☹️☹️☹️😡
Do parent plus loan fall under the loan forgiveness program?? Also, if you’re co-signing a private loan, doesn’t that reflect on your credit report? And if the student doesn’t pay, you’re responsible to pay?
I thought there was no credit check for student loans? Can you explain? Thank you.
Hello,
Please which of the loan company supports students that's wants to study in UK and Australia
Can I apply for federal loans with my social security to help out my wife? Or do I actually need to be attending school myself
I applied for the parents plus b/c in high school, college career counselor recommended it. I now realize that is not what I want. I was just told I can switch and look into private loans b/c nothing is finalized til mid September. My question is, will that affect my interests, seeing I already have that loan? Also, will I have any penalties cancelling the parent plus?
No it won't affect your rate the Plus loan is fixed. And there are no penalties for canceling you are fine. Thank you for supporting the channel
I have 20 different loans for my student loans. I work for a non for profit company full time. What should I do. Also I have Navient for a few of the loans.
Have you already graduated?
He takes the time and replies back to help you Lorianne and you don't answer after your big help me, help me plea! Wow.
Hi Ed, question
If student defaults on payments and the parent cosigns, the parent is responsible correct ?
Yes they are