Tag Archives: Stafford loan

Should You Attend Your Dream College?

This is the time of year when high school seniors and their parents begin reciting this age-old advice:  Follow your dreams. Families tend to use this advice to justify their children attending expensive dream colleges even if these schools will require taking on crushing student debt. I am a huge advocate of families researching schools [...]

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What is the Best Student Loan? Here's the Answer

What is the best student loan? I got an email this weekend from a dad who was hoping to get the answer to that question. His son needed 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 [...]

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Putting Your College Debt On Hold

I got an email this week from Sharon, a mom who is distraught about her son’s college debt. She was hoping that I had an idea about how he can tackle this debt when he is only working part-time. I did have a suggestion on how the young college grad can reduce his student debt [...]

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Federal Student Loans: Where Do I Apply?

Federal student loans are going to be a reality for most college students whether they will be freshmen in the fall or returning students. I’ve started getting questions about student loans from my college blog visitors so I’m going to start tackling them periodically. Here is the first student loan question in the queue: 1. [...]

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How To Decode a Financial Aid Letter

It’s the college financial aid season. Some parents are still struggling to complete their financial aid application, while others are just beginning to receive their financial aid packages in the mail. Once you receive a financial aid award, the challenge is to decipher it. I’m going to help you master these financial aid letters by [...]

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