Federal Student Loans: Why college students should use federal loans over private student loans

If you plan on attending college you should really consider a federal student loan. They usually have much lower interest rates and more flexible payment options compared banks and other private sources.

When will you have to pay this back? Normally you won’t have to make any payment until you have left school.

What can I use my student loan for? Federal student loans can be used to pay school expenses such as tuition and fees, room and board, books, supplies and transportation.

How much money can I borrow in federal student loans? As an undergrad your typical loan limits will be in the rage of $4,000-$11,000 each year. Graduate students can borrow up to $20,500 each year.

If you are going to be attending college next year it’s imperative that you start applying for these loans now. A Private loan (Local Bank) may be easier to get a loan from, but your interest rates will almost certainly be high and your bank won’t be as flexible.…

Electric-Hybrid cars may no longer be the quite driving machine.

Advocates for the blind are getting their wish, after automakers agree to make electric cars nosier. The almost noiseless vehicle is endangering the lives of the hearing impaired, while they try and cross the street.

Groups joined together and went to congress with a proposal to make hybrid cars have a slight noise, and congress agreed.

“As a person who walks my dog in Virginia, where there are no sidewalks, I’ve been startled by hybrid cars, too,” said Gloria Bergquist, vice president of the Alliance of Automobile Manufacturers.

Little electric car

A study that was conducted last year by the National Highway Traffic Safety Administration showed that hybrid cars hit pedestrians more often than normal gas cars when the pedestrian cannot see the car.

The sound the car would make cannot be customized either, thus driving down the street blasting the “Notre Dame Fight Song” won’t fly. The sound hasn’t yet been determined but the sound will only be heard at low speeds. The NHFA said cars operating at high speeds have enough sound from the wind and engine noise.

Expect to see the new law put into the Motor Safety Act of 2010, a bill is currently moving through congress.…