Students are increasingly concerned about taking out student loans, and for good reason. The cost of college tuition has risen steadily in recent years, and you may be understandably concerned about taking on debt. If you have taken out a federal student loan or are...
How Can I Get Free Money for College?
College can be expensive. The price of tuition typically rises every year. If you’re wondering how you’ll pay for school, you’re not alone. Students all over the country are concerned about accumulating debt that will be difficult to pay off after graduation. You...
Top 5 Mistakes Students Make When Borrowing Money For School
Spend Your Student Loan Wisely When you borrow a dollar and you go to pay it back in the future it's not just the dollar that you're paying back you're paying back that interest that they're charging you and that compounds. It can be almost a dollar twenty five or...
How to Manage College Debt
Studies have shown that one in five students with college debt owe more than $50,000. Some student loan debt is in excess of $100,000. Debt increases when students change majors or transfer to other colleges. The crushing amounts owed after pursuing graduate degrees...
Top 4 Mistakes People Make When Paying for College
When families look at paying for college, they find a dizzying variety of options. What’s the best way to save for college? How much do they actually need to budget? What does the Free Application for Student Financial Aid (FAFSA) have to do with the amount of aid for...
6 Ways for College Students to Save Money
Tuition costs and living expenses keep going up. Many college students are on their own for the first time, so making ends meet is a new challenge. How can students manage money so they can pay for college and still have enough to live? Follow these money-saving tips....
Work Study vs. Part-Time Jobs in College
You’ve received your financial aid award letters from several colleges and you’re trying to compare them to see which one is best for you. In most financial aid packages, there will be a mix of public and institutional grants, loans, and maybe even scholarships....
Understanding Student Loans
The Institute for College Access and Success reported in 2015 that nearly 70% of college graduates had student loan debt. As you struggle through the mountain of paperwork required just to get in to college, the subject of student loans can seem confusing. Here’s the...
Is Free College in the Future for Other States?
New York may have changed the game when it comes to higher education. The state recently passed a bill to provide free tuition to students in certain circumstances. This program, called the Excelsior Scholarship, will cover the cost of classes (after all other...
Want to Know How Much College Really Costs?
When most people think of the cost of college, astronomical numbers pop into their heads. For example, how much do you think it costs to attend Harvard? I bet the number that came to your mind is likely in the range of $50,000 to $100,000 per year. If that was the...