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 [...]
This is the time of year when colleges start sending their bills out to new and returning students. And that’s why this is also the time of year when parents and students begin inquiring about college loans. This is as good a time as any then to answer some questions about Stafford Loans, which are [...]
I’ve had a lot of parents asking me lately about whether they should give the green light to their children, who have been accepted into expensive schools without enough financial aid. In response, I want to share a cautionary post that I wrote for my other college blog over at CBS MoneyWatch. Here is part [...]
I knew I was in a foreign country today when I looked outside my hotel window and saw a billboard that contained this message: Be health conscience. Eat a coconut every day. I’m in Jamaica, where I’ll be the featured (and apparently heavily promoted) speaker at a first annual college conference in Kingston. What could [...]
Americans now owe more money on their college loans than they do on credit cards. I just read about that scary reality on The Wall Street Journal’s website. According to Mark Kantrowitz, the financial aid guru over at FinAid and Fastweb, Americans owe about $829.7 billion in student loans. In comparison, consumers owe $826.5 billion [...]
We’re approaching the peak of the student loan season. Parents and students are struggling with the prospects of paying for all their college costs. The best loan for students is the federal Direct Stafford Loan. Earlier this month, I wrote a post that provides lots of links to my past advice on student loans, as [...]
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- Deadbeat Parents Who Won’t Help Pay for College February 27, 2012
- Getting Financial Aid As an Independent Student January 15, 2010
- Avoiding 10 Common FAFSA Mistakes December 30, 2011
- What’s Wrong With College Dream Lists April 4, 2012
- An Email from a Disillusioned Mom March 22, 2012
- Should a Kid Borrow $80,000 for a Brand Name University? April 19, 2012
- 30 Liberal Arts Colleges In or Near Cities July 18, 2010
- My Take on the College Board’s BigFuture March 20, 2012
- When admission reps don’t know what they are talking about May 22, 2013
- Kick Off the Summer By Attending Our College Webinar May 19, 2013
- Ending College Stonewalling on Grad Salaries May 16, 2013
- College Options for Musical and Artistic Students May 13, 2013
- A 53% Discount Off a College Sticker Price May 10, 2013
- 8 Things to Know About Attending State Universities Outside Your Borders May 8, 2013
- Should Students Attend a State University Beyond Their Borders? May 6, 2013
- The Odds of a Full-Ride Athletic Scholarship May 3, 2013
- Lynn O'Shaughnessy: Will do. Thanks Sylvia. Lynn O'Shaughnessy...
- Stuart: I would agree, except that admissions practices ar...
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- Sylvia Carson: Hi Lynn, Please send me a reminder for your nex...
- Pris: Hi, my parents are married but filed seprately and...
- phoebe: Personally, I wouldn't rely on an admissions rep f...
- Stuart: Hi Lynn, I read this and thought about the sale...
- Wendy: Parents need to keep in mind that the admission re...
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