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Due to the current recession occurring in the United States, many individuals are struggling to pay for their child's education. Many families don't have enough money to cover their monthly bills and therefore don't have enough funds to cover pricey tuition fees. Don't let lack of funds hold you back any longer. Let your son or daughter get the education they deserve and pay for it by getting student loans. There are lots of college loans in Mobile that have low interest rates and are specifically designed for parents of students. Contact our friendly agents today to find college loans for parents in Mobile. A Federal Stafford loan is a government-secured student loan offered to graduate and undergraduate college students at rates that are much lower than other conventional loans. Unlike other Mobile student loans, a Stafford loan does not require you to have flawless credit or supply collateral. If you stay in college at least part-time, you will not have to make payments on the loan until after you receive your diploma. With the rising costs of tuition and a slow economy, Stafford student loans in Mobile are an ideal option for struggling students. In Mobile, colleges are increasing tuition prices almost every term to compensate for recent budget cuts made by the state. Therefore, students are left footing the bill when the school's budget comes up short. Do not drop out of school because you cannot pay for tuition, housing and books. Get the money you need now by applying for student loans in Mobile. Many loans are affordable and can be repaid after you have graduated and landed a job. Call our professional associates today for further information. Once you consolidate your student loans, you are able to benefit from today's low interest levels and save money over time. Some student loan consolidation organizations allow you to reduce your monthly payments and take longer to repay your education loan. Consolidating Mobile students loans is a great option for students who have many loans at high interest rates. Student loan consolidation companies in Mobile offer low introductory rates and no collateral, no-hassle loans for individuals who wish to lower their monthly payments. Call our associates today for additional information on consolidation options available in your town. Mobile student loans can be found through a variety of ways. It's not unusual that students have a cosigner on the loan. If you no longer need that cosigner you are able to have them sign a release. What that means is that you release them of responsibility, taking over full responsibility for your college loan. After you've made several on-time payments, you then are the sole owner of the loan.