Archive | Money

The Best College Loan

As recently as the early 1990s, most students did not take out college loans. Today roughly two out of every three students borrow to pay for college due to the runaway cost of college. The typical student borrower is now leaving school with debt of roughly $35,000. Just the outstanding federal college loan debt now […]

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Is a Trophy School Worth the Price?

I’ll be launching my latest online course – The College Cost Lab – in June. If you’d like to be among the first to know when I have more details,  just email me at Lynn@TheCollegeSolution.com. Lynn O’Shaughnessy In my last post, I wrote about smart teenagers who worked hard to get into elite schools only […]

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How To Decipher a Financial Aid Letter

Financial aid awards are often confusing. I believe many colleges and universities intentionally make financial aid awards hard to decipher to trick families into thinking that their institutions are being generous even when they aren’t. Obfuscation is an effective way to keep parents off balance. Since we are heading into the season when students will […]

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