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Evaluating a Financial Aid Award

on March 25, 2013 in Financial aid, Money, Scholarships, Student Loans

This is the second day that I’m devoting to evaluating financial aid letters. If you missed it, here is the first post that I wrote on this important subject: What’s Wrong with This Financial Aid Letter? Today I’m sharing another financial aid award that I obtained from Paula Bishop, a CPA from Bellevue, WA, who [...]

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Net Price Calculator Hanky Panky

on October 5, 2012 in College Costs, Financial aid, Money, Scholarships, Student Loans

I’d love to hear from parents who have tried using the net price calculators that nearly every college and university must post on their websites. Have you had good experiences or have the net price calculators tried to trick you into believing that a school is going to be affordable? I’ll mention why I am [...]

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When You’re Turned Down for a College Loan

on August 26, 2012 in College Costs, Money, Parents, Student Loans

This is the time of year when parents are stressing about paying for their child’s college tab. I’ve been hearing from parents who haven’t been able to borrow enough for college. I thought I’d share one of these emails. A Mom’s Dilemma Here is the mom’s note: I would like to know what to do [...]

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Look Who Is Borrowing the Most for College

on August 9, 2012 in College Costs, College Savings, Money, Student Loans

The unrelenting cost of college is hitting upper-middle-class families hard. According to a front-page analysis today in The Wall Street Journal, it’s these families who are experiencing the largest rise in college-loan debt. In its analysis, the newspaper categorized upper-middle-income as households with yearly incomes in the 80th to 90th percentiles that range from $94,000 [...]

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A Great Website Remodel for Families

on July 24, 2012 in Financial aid, Money, Student Loans

I’ve been linking my posts to the federal student aid sites for years, but I haven’t done it with any enthusiasm. These websites, which have included information about federal student loans and grants, have been disjointed and borderline unhelpful. The websites reeked of bureaucratic jargon and didn’t provide any context for federal aid programs. I [...]

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What Advice Would You Give This Mom?

on July 10, 2012 in College Costs, College Life, Colleges, Money, Parents, Student Loans, Universities

Today I’m sharing an email from a mom from New Mexico, who is understandably stressed about the college bill she is gearing up to face for the third of her four children. I’ve got my own thoughts, but I’d love to hear what advice you might give this family. A Mom’s Question Here is the [...]

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