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An Awesome College Admission Success Story

on April 30, 2012 in Admission practices, Admissions, Applying, Colleges, Ivy League, Liberal Arts Colleges, Universities

May 1 is college decision day. That’s the day each year when many colleges and universities across the country require high school seniors to make a final decision about where they will attend school in the fall. Seniors must notify their No. 1 pick by putting down a deposit to secure their spot in the [...]

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Picking a Private College Loan: 8 Things You Need to Know

on April 27, 2012 in Money, Student Loans

If you possess excellent credit and intend to pay down a college loan fairly aggressively, taking out a private college loan can make sense. People with sterling credit can get better interest rates going this route than with the federal Parent PLUS Loan. Here are eight things to know about private college loans: 1. Check [...]

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Why Private Student Loans Are Scary

on April 26, 2012 in Money, Parents, Student Loans

On my college blog this week, I’ve been focusing on what you need to know about borrowing for college. If you missed them, my previous two posts shared advice on federal student and parent loans: What You Need to Know About Borrowing for College How Parents Can Borrow for College Today I’m exploring private college [...]

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How Parents Can Borrow for College

on April 24, 2012 in Money, Parents, Student Loans

Are you a parent who needs to borrow for college? Most of the attention is focused on college loans that students take out, but there are parent loans as well. In case you missed it, I wrote about federal student loans in my last college blog post: What You Need to Know About Borrowing for [...]

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What You Need to Know About Borrowing for College

on April 23, 2012 in Money, Student Loans

As recently as the early 1990s, most students did not take out college loans. Today about two out of every three students borrow to pay for college. One reason for the dramatic change is this fact: during the last-quarter century, tuition has risen four times faster than the consumer price index. The typical student borrower [...]

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When Two Children Head to College

on April 20, 2012 in Admissions, Applying, College Costs, Financial aid, Money, Student Loans

Yesterday’s post, which explored the school options of a brilliant teenager from Wisconsin, generated many insightful comments from parents.  Here is the post: Should a Kid Borrow $80,000 for a Brand-Name University? If you missed the post or the comments, I’d urge you to check both out. To summarize, the teenager managed to get admitted [...]

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