June #AskFAFSA Office Hours

During June's #AskFAFSA Office Hours we answered your student loan repayment questions. The session highlighted real student loan borrowers in a variety of fields who are using various resources (some more out of the box than others) to repay their student loans. Below is the full Q&A.

  1. #AskFAFSA Office Hours start now! Joe, Tiffany & Ian are ready to answer your ?s on repaying student loans. 1.usa.gov/MuHRlw
  2. Everyone will be signing their tweets. Joe - ^J, Tiffany - ^T, and Ian - ^I. Let's get started! #AskFAFSA
  3. Anyone taken student loans out before? How do you feel about it? I'm feeling uncomfortable.
  4. .@CowsgoMuMu Know the feeling. If you're passionate abt the program & it basically guarantees you a promising salary, go for it.^J #AskFAFSA
  5. .@CowsgoMuMu If you have reservations, consider more affordable options like community college or trade school. ROI = important.^J #AskFAFSA
  6. .@CowsgoMuMu Agreed. I shopped around for more affordable schools & it helped alleviate the amount of debt I took on.^T #AskFAFSA.
  7. So everyone hates student loans/debt. I get that. Is the problem that students are clueless as to what they're signing up for?
  8. .@corywilkerson Seems like many folks are taking on lots of debt, but aren't pursuing programs w/ promising financial outcomes.^J #AskFAFSA
  9. .@corywilkerson My advice: Take on debt w/ eyes wide open--consider job prospects for someone graduating your program & school.^J #AskFAFSA
  10. who is a good company to go through for student loans????
  11. .@heyySade Try federal loans 1st. They tend to offer greater protections & more flexible repayment options.^I bit.ly/OpttQV #AskFAFSA
  12. .@heyySade W/federal loans, I'm taking advantage of IBR (1.usa.gov/GR2V2X) & working toward Public Service Loan Forgiveness.^I #AskFAFSA
  13. #AskFAFSA: I've heard the gov is very particular about student loan forgiveness paperwork and much of it gets denied for typos. True or not?
  14. .@BenKoser Typos can certainly delay processing, but if it's clear what you mean, then it shouldn't be a problem. ^I #AskFAFSA
  15. Has anyone got student loans from the bank? Is the process hard?
  16. .@CuzImEman Process to get loans is frighteningly easy, so be careful! Don't take on more debt than you absolutely need to. ^J #AskFAFSA
  17. Here's the @FAFSA team at the command center in DC ;-) http://pic.twitter.com/tmkLpJf7
  18. .@Gamecock_Law If you study the right program at the right school, yes. Education is an investment, but research the ROI.^J #AskFAFSA
  19. .@collegeparent Direct PLUS Loans can be a great way for you to help cover your child's school costs. 1.usa.gov/LFQCeD ^I #AskFAFSA
  20. Hey ^J @FAFSA #AskFAFSA best one-liner advice when about to aggressively pay down debt like you did? I'm SMU-Cox MBA & work @Dell also
  21. .@bmwertz 3 famous words: Just do it. Sounds simplistic, but it's not rocket science. It's just about saying no to consumption. ^J #AskFAFSA

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Federal Student Aid

Official account of Federal Student Aid, an office of the U.S. Dept. of Education. We provide grants, loans & work-study funds for college & career school.

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