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Tag Archives: Student Loans

Confusing Financial Aid Awards: Where’s the Money?

on November 9, 2011 in Financial aid, Money, Student Loans

One of the frustrations of applying to college is the confusing nature of many financial aid awards. Even when a teenager has received a puny financial aid award, schools don’t necessarily want families to know this. Some parents will look at a misleading financial aid award and think their child has won scholarships to cover [...]

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How to Avoid a Student Loan Disaster

on October 28, 2011 in Money, Student Loans

Most of the teenagers who visit my college blog aren’t thinking yet about how they are going to come up with the cash to pay off any future student loans. High school students and their parents are more focused on getting into good schools. I don’t blame them, but payback time is inevitable. And that’s [...]

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10 Great Ways to Shrink the Cost of College

on August 19, 2011 in College Costs, Financial aid, Money, Scholarships

How do you cut the cost of college? The best way to shrink college costs is to be an educated consumer. If money is an issue – and it almost always is – you need to evaluate schools to determine which ones are generous and which are stingy. Here are 10 ways that can help [...]

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How College Students Feel About Debt

on June 17, 2011 in Campus life, College Life, Money, Student Loans

I read something crazy this week about how young Americans feel about all their credit card balances and the student debt they’ve racked up. Apparently, the majority of them feel “empowered” by all that money they owe lenders. The average student loan borrower, who graduates from college, owes $23,000 or $24,000. And the typical graduating [...]

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7 Tips For Repaying Your Student Loans

on June 8, 2011 in Money, Student Loans

Many college seniors, who are graduating this month, probably thought this day would never arrive. I’m not talking about their graduation day. I’m referring to the time when they would have to start repaying their student loans. With the economy still in a funk and unemployment remaining high, this is a scary time to be [...]

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What Is the Best Student Loan?

on June 1, 2011 in Money, Student Loans

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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