courtney! asked:


I’m supposed to start University of Phoenix on the 29th. I’ve read horrible things and I want to leave before I incur any debts. How should i go about telling them I don’t want to start classes and cancel my financial aid and student loans and grants with Sallie Mae? Thanks!

courtney! asked:


I have no idea what I’m doing, I’m trying to get into a university. I recently withdrew from a local technical program due to the lack of competence of one of the instructors. When I first started at the Technical School I had little knowledge about financial aid and student loans, this time I want to be fully prepared. Can someone explain to me how financial aid and student loans work? I have filled out a fafsa, and have to change my school code for the new school I’ll be attending. Also, what else should I be doing to get more money for my education?

Nora asked:


I would like to find information about how to go about paying back several loans. Two loans are quite big and two are small. Which does it make more sense to pay off first the ones with the smallest amount or the highest interest?

After paying back loans how long before your credit become in good standing? One of the loans was delinquent.

James R asked:

With everything that is going on right now in the economy, with the financial bailout being turned down, etc. How is all of that affecting the private student loans? I have a loan through SallieMae.