Archive | Money

Pell Grants and Ivy League Hypocrisy

The most emailed story in The New York Times on Monday focused on Berea College, a little school in Kentucky with a heart of gold. The college charges no tuition and only accepts low-income teenagers. Every student graduates with no debt. Not surprisingly, the school is mobbed every year with applicants. Berea is dedicated to […]

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The Myth of Private Scholarships

When parents and teenagers start contemplating college costs, they often assume that applying for private scholarships is their ticket to shrinking costs. Unfortunately, they’re usually wrong. Frankly, only 7% of college-bound high school students win a private scholarship. Okay, okay. Admittedly, most teens don’t bother to apply, but even if a teen is an eager […]

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Merit Scholarships: 9 Ways to Win a College Scholarship

Traditionally college and universities reserved their academic scholarships for a handful of their brightest applicants. But today, schools are handing out merit awards to far more students. At plenty of schools, even teenagers with “B” averages can cash in on this scholarship bonanza. These academic prizes are definitely worth pursuing. The average private school, for […]

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Student Loan Price Drop

Did you or anybody you know take out a federal student loan before July 2006? If so, you’ll want to discover a great new way to cut your lending costs that many lenders are unlikely to divulge. The interest rate on Stafford loans, which were borrowed before July 2006, will be dropping significantly if you […]

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Stay Away from Private College Loans

I was visiting my daughter, who attends Juniata College in Pennsylvania, for several days, which mercifully allowed me to escape the tragic San Diego fire, the miserable air and those cursed Santa Ana winds. Now that I’m back, I’m furiously trying to finish my book, The 99.8% College Solution by December. The book is focused […]

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The Right Way to Start the College Search

I graduated from college back in 1978, but I’ve got college on my brain every day because of the college book that I’m writing. My desk and the couch in my office are covered with stacks and stacks of college material that I’ve gathered from my interviews, as well as from such places as The […]

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