Category
Student Loans
What to Do If You Default on Your Student Loans
With student loan debt now totaling $1.3 trillion in the United States, the student loan crisis has reached a fever pitch and now affects more than 40 million Americans. To compound the crisis, the Consumer Financial Protection Bureau reports that one in four borrowers are in delinquency or default on their student loans. Student loans […]
Read More
Easy Ways to Save on College Costs
As students prepare to descend on college campuses across the country, it’s the perfect time to discuss saving on college costs. While the cost of tuition is a non-negotiable, there are many more ways you can save on the overall costs related to receiving a college degree. Here are several ways you can save on […]
Read More
Do You Qualify for Public Service Loan Forgiveness?
If you’re like most recent college graduates, you’re probably making payments on student loan debt. But did you know there’s a special program especially for people who work in public interest careers? It’s a way to reward people working toward the common good — in jobs that are not necessarily high in income. The Public […]
Read More
Tips for Borrowing Student Loans Wisely
College tuition is rising nationwide – and student loan debt is following at record rates. If you’re considering a student loan, ask yourself a few hard questions first. A realistic approach, combined with a few smart choices , will help you keep debt to a minimum and assure your personal financial well-being after college. Here […]
Read More
Student Loan Borrowers: Do You Have an FSA ID?
You may have noticed federal student aid websites now ask you to provide an FSA ID in order to apply for student aid, access information about existing student loans, complete entrance and exit counseling, apply for a loan consolidation or enroll in an income-driven repayment plan. This is a change from the longstanding four-digit, FAFSA […]
Read More
Busting the Myths of Student Loan Forgiveness
If you have student loans, you’ve no doubt heard about student loan forgiveness. You have probably seen ads on TV promising instant ‘student loan relief.’ Or received mailers from companies telling you they know the ‘secret’ to eliminating your student loans. Of course, they’re willing to share that secret – for a hefty price. The number of […]
Read More
What You Need to Know Before Borrowing Money for College
A weak economy and rising tuition costs have forced student loan debt levels into the spotlight. People from all walks of life and backgrounds struggle with payments. In fact, the Federal Reserve Bank of New York reports student loan debt has even surpassed credit card debt in America. If you need a loan to pay […]
Read More
Financial Tips for Older College Students
Whether you’re going back to school to finish a degree you started earlier in your life, or you’re planning to attend college for the first time as an adult, congratulations! You’ll see your efforts pay off in the form of higher lifetime earnings. According to the U.S. Census Bureau, the expected lifetime earnings of an […]
Read More
Money-Saving Tips for College Students
Today’s college students must navigate a far different financial landscape than those who graduated just a few years ago. Tuition is higher, jobs are scarce and personal debt levels are rising. Yet despite these warning signs, many young adults don’t realize the impact of poor money management. Excessive spending and inadequate planning at 18, 19 […]
Read More
Financing a College Education
The challenge of getting ready for college today has become a growing problem for many students and their families due to: 1. Growing enrollments and greater numbers of student applicants pressing against limited college facilities, faculty, and other resources. 2. Rising costs of attending college, including increasing tuition costs that have been growing faster than […]
Read More