Seeking to take emotion out of investing, stock analysts have invented many systems of technical analysis. Technical analysts look only at numbers.

Most believe a thorough study of stock price and volume patterns alone should allow the prediction of future prices. Some technical analysts study more factors than price and volume. All build elaborate charts and read them for clues to the future. Often, extensive computer modeling and game playing systems are employed. Economic factors, stockbroker pressure, the brother-in-law’s inside information, the CEO’s cold, and other factors are ignored.

Technical analysis is great for number people. You can play with endless formulas to analyze past trends hoping to predict the future. However, technical analysis is best employed on other people’s money. Then you can remain objective and emotionless. All the studies of technical analysis show that it is ineffective. Used on your own money, you are likely to have strong feelings as losses mount.

Repaying your student loan is an important responsibility. To help you manage repayment, this guide provides helpful information about your rights and responsibilities as a borrower and the repayment options available to you. In addition to outlining the repayment process, this guide also provides tips for successful repayment.

Exit Counseling

If you have a Stafford or Grad PLUS loan, federal law requires you to participate in an exit counseling interview when your enrollment status falls below half-time or just before you graduate (whichever comes first). At that time, your school will contact you to schedule your interview and tell you whether you can complete it on campus or online.

During the interview, your rights and responsibilities are explained and you’re asked to update important loan record information such as your address, telephone number, employer and repayment plans.

BorrowerRights

You may prepay your loan at any time or make payment in full without penalty. You may request a deferment or forbearance during your repayment period. Deferments are entitlements, which means they must be granted to eligible borrowers. However, most forbearances are granted at the loan holder’s discretion.