Tag Archives | Stafford loan

Politicizing College Loans, Part I

I thought I’d devote the next couple of blog posts to bringing you up to date on what’s been happening in Congress with federal student loans. Chances are that you haven’t been keeping up with the latest student-loan developments on Capitol Hill, but a lot happened in July. And, as far as I’m concerned, Congress […]

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What’s Wrong With This Financial Aid Letter?

Many financial aid letters  — heck almost all of them —  are confusing. I’ve always wondered why award letters are so difficult to understand. Perhaps the staffers generating these letters in the bowels of universities have been conversing in financial-aid speak for so long that they have lost their ability to communicate in standard English. […]

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What You Need to Know About Borrowing for College

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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What’s Missing From This Financial Aid Letter?

Many financial aid letters  — heck almost all of them —  are confusing. I’ve always wondered why award letters are so difficult to understand. Perhaps the staffers generating these letters in the bowels of universities have been conversing in financial-aid speak for so long that they have lost their ability to communicate in standard English. […]

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What Is the Best Student Loan?

What is the best student loan? I got an email from a dad who was hoping to get the answer to that question. His son needs to borrow for the last year of college. That was an easy question to answer. The best education loan available is the federal Stafford Loan. There are two types […]

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Stafford Loans: Borrowing for College

It’s that time of year when parents, as well as new and returning college students, start thinking about college loans. Consequently, today I want to answer a few questions about Stafford Loans, which are the most popular federal student loans. Here are the questions: Question No. 1: Are there different kinds of Stafford Loans?   […]

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