What’s the easiest and most fun way to avoid student debt and college loans then you can’t pay tuition for a dream school? Check out this upcoming movie.
Mark’s advice on decoding a financial aid award letter is featured at Money.com.
NYU and Columbia have announced plans to expand by taking on more debt in these tough economic times. Does this really make good financial or educational sense?
Is taking out a student loan a good investment? Some think it is a good idea to stay away from student loans in order to finance a college education.
CollegeScholarships.org has a great new graphic that helps you think about the value (and the cost) of a college education. It’s definitely a great tool to help you conceptualize the costs, and to really consider whether it’s wise to take out a ton of loans to finance your undergraduate education. The folks there said I […]
Sallie Mae, the largest private lender in the student loan market, will no longer defer interest until graduation. Starting today, all new student loans require payments while in school. Payments while in school will be up to $160 per month. Payments after graduation will also go up, from $250 to $328 (but with a shorter […]
The New York Times carried an article yesterday, entitled Delaying College for a Year Could Have Benefits, which lays out a few creative reasons for putting off college for a year. The financial arguments boil down to this: 1. President Obama’s proposed changes to federal student aid may put a few hundred dollars more per […]
OnPoint, a radio production of WBUR and NPR, ran a story this past week called The Dark Side of Student Loans. The featured guest is Alan Michael Collinge, founder of StudentLoanJustice.org and author of the new book “The Student Loan Scam: The Most Oppressive Debt in U.S. History – and How We Can Fight Back.” Publisher’s […]
An article the other day in the New York Times highlights the pain of applying for financial aid. Entitled “The Big Test Before College,” the article raises the issue of whether the intimidating form actually does what it is supposed to do: measure a family’s financial need. While we all love to hate these “means […]
One of the most daunting tasks in the college admission and financial aid process is completion of the FAFSA, the Free Application for Federal Student Aid. A colleague forwarded this link to a great video that explains what the FAFSA is and how to complete it in five entertaining minutes. Have a look. Okay, it […]