Tag Archives | Student Loans

The Best College Loan

As recently as the early 1990s, most students did not take out college loans. Today roughly two out of every three students borrow to pay for college due to the runaway cost of college. The typical student borrower is now leaving school with debt of roughly $35,000. Just the outstanding federal college loan debt now […]

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Making Enormous Profits off College Loan Borrowers

Any day now President Obama is going to sign legislation that will at least temporarily lower the interest rates on federal student loans. This might sound like a welcome development, but it isn’t because the federal government will be continuing to make huge profits off parents and students who borrow. The legislation could eventually make […]

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A Great Website Remodel for Families

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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How to Avoid a Student Loan Disaster

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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