Lil Miss Answershine asked:


I have a LARGE amount of student loans, both federal (consolidated) and private. My private loans are on a variable interest rate. I feel like I am spinning my wheels paying each month to a balance that doesn’t seem to move.

What can I do? Should I put the fixed rate loans in deferrment and pay double on the variable rate loan?

Anjelica

FinancialAidPodcast asked:

http://www.financialaidpodcast.com
http://www.studentloannetwork.com

Financial aid expert Christopher Penn discusses the recent announcement by the Massachusetts Education Finance Authority (MEFA) and the sudden lack of MEFA private student loans.

Annita