student loans

Pros and Cons: Refinancing Your Student Loans

By College Raptor StaffLast updated on November 13, 2024

Refinancing your student loans involves replacing your existing loans with a new private loan. It can be a way to better manage your payments and even result in major savings. However, there are downsides to refinancing. Below, we’ve covered the basics plus give you some insight into the pros and cons of refinancing your student …

student loans

FAQs About Federal Student Loans

By College Raptor StaffLast updated on February 25, 2025

Getting started with federal student loans? You likely have a bunch of questions. So we’ve gathered some of the most common questions people have about these loans and answered them for you! 1. What are federal student loans and how do they work? Federal student loans are loans that are offered by the government to …

student loans

All About Private Loan Repayment Options

By College Raptor StaffLast updated on February 25, 2025

The type of student loan repayment plan you choose is almost as important as the loan itself. A repayment plan dictates the terms of paying back your loan. That also includes when you start making payments and how much those payments are. Your repayment plan can influence your ability to make repayments as well. Assuming …

student loans

FAQS About Private Student Loans

By College Raptor StaffLast updated on December 22, 2022

There are a lot of questions that come with student loans, and we aim to answer quite a few of them! What are private student loans? Private student loans are loans offered by banks and other private lending institutions to college students to help cover all or part of their college education costs. How are …

student loans

Pros and Cons of Graduated Repayment Plans

By Hilary CairnsLast updated on February 25, 2025

After graduation, you have quite a few options when it comes time to repay your student loans. One of those options is a graduated repayment plan. This plan works by starting your payments lower and raising them slowly over time. Here’s a rundown of what that means for you as well as the pros and …

student loans

Things to Know About Grad PLUS Loans

By College Raptor StaffLast updated on December 22, 2022

You got into graduate school! That’s amazing, but that also means you have to pay for grad school. How do you do that? Grad PLUS Loans are federal student loans that students can take to cover the costs of grad school. Only students attending programs in a graduate or professional school are eligible to take …

student loans

9 Important Facts About Federal Consolidation Loans

By College Raptor StaffLast updated on February 25, 2025

Federal Direct Consolidation Loans are a type of loan that merges multiple federal student loans into a single loan. The single biggest advantage of federal consolidation loans is that you only have to make a single monthly payment as opposed to making multiple payments on different days of the month. It’s definitely more convenient and …

student loans

What Are Direct Consolidation Loans?

By College Raptor StaffLast updated on December 22, 2022

Direct Consolidation Loans are one single loan that you end up with if you choose to combine multiple federal student loans. Advantages of Direct Consolidation Loans The main reason why students combine their federal student loans into a single Direct Consolidation Loan is convenience. Borrowers who refinance and consolidate their loans only have to keep track …

student loans

How to Be a Responsible Student Loan Borrower

By Allison WignallLast updated on February 25, 2025

There are plenty of mistakes you’ll want to avoid when it comes to student loans. It’s far better to prevent trouble than to dig your way out, after all. Here’s how to be responsible with your student loans from the get go. Do Your Research Instead of applying to any student loan you’re eligible for, …

student loans

Things to Know About the Student Loan Graduated Repayment Plan

By Allison WignallLast updated on December 22, 2022

When you select a student loan, you also select a repayment plan. There are various repayment plans for students to choose from, so they can have the best option for their personal situation. One of the federal student loan repayment options is a graduated plan. What is a Graduated Repayment Plan? A graduated repayment plan …