U.S. to forgive at least $108 billion in student debt in coming years

Posted on December 12th, 2016

Good news for student loan borrowers burdened with debt: the U.S. is on pace to forgive at least $108 billion in student debt over the next 10-20 years, according to a report from the Government Accountability Office.

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Student loan debt hits $1.4 trillion

Posted on November 16th, 2016

"We're forcing people to borrow for their education while in the past we would have given them sufficient grant aid or charged them a low enough price they wouldn't have had to." -- Ben Miller, Center for American Progress

It just keeps getting worse. Student debt has topped $1.4 trillion, nearly more than all of the credit card and car loan debt in the U.S., according to NBC 12. And that number is growing by the second, leading many borrowers to question whether college was worth the cost. Student loan debt a widespread problem The problem is […]

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Half of college graduates are uncertain whether their degrees were worth the money

Posted on November 10th, 2016

With the cost of college continuing to rise, many graduates are questioning whether their own degrees were worth the investment, according to the Hechinger Report.

Half of college graduates surveyed in a recent Gallup Poll said they weren’t sure whether their degree was worth the money.

And nearly half of graduates surveyed in August by Public Agenda said a higher education is no longer necessarily a good investment — particularly because of how much debt many students take on in order to pay for their college degree.

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Scary facts about student debt

Posted on October 31st, 2016

Many of the statistics on student debt in America are shocking — and it’s only getting worse.

National student debt has surpassed $1.3 trillion and is growing by the second.

With the average college student graduating with over $37,000 in student debt in 2016, the trend will only continue.

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How college students can save money on food costs

Posted on October 20th, 2016

Food (and of course, beverages) tend to make up a large portion of college students’ budgets.

But given the high cost of college, students don’t always have a lot of money to pay for meals — especially if they’re not on a campus meal plan that’s automatically added to their college bill.

The video above from NBC News explains how college students on a budget can save money on food costs without feeling deprived.

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How to transfer your tax information into the FAFSA

Posted on October 7th, 2016

The FAFSA is available now at fafsa.gov for students attending college in 2017-18. Because of its earlier availability (it usually isn’t available until January 1), the Department of Federal Student Aid is allowing families to use tax information from 2015 to complete the form.

To make it easier to complete the FAFSA, you can use the IRS Data Retrieval Tool to automatically fill in all of your tax information. This will allow you to submit the form sooner and maximize your chances of receiving financial aid for college.

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FAFSA Available Now: Fill it out ASAP!

Posted on October 1st, 2016

The Free Application for Federal Student Aid (FAFSA) is now available at https://fafsa.ed.gov.

This application may be used for students attending college in the 2017-18 school year. In order to be eligible for federal financial aid, students and parents must complete the FAFSA.

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Most top colleges have high off-campus housing costs

Posted on September 17th, 2016

"As students and their parents are filling out applications this fall and are crunching the numbers on financial aid and student loans, they should also factor in cost of housing." -- Jeremy Wacksman, CMO of Zillow

As we’ve written before, there’s more to rising college expenses than just increasing tuition costs–off-campus housing costs are also skyrocketing, adding to students’ financial burdens even more and forcing them to take on more student debt. And unfortunately, attending a higher-ranked college often means paying more for housing, a new study has found. Elite colleges […]

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More parents than ever saving for college

Posted on September 4th, 2016

As college has gotten more expensive, more families have made it a priority to save money to put toward their children’s college education.

According to Fidelity Investments’ 10th Annual College Savings Indicator Study, as reported by GoodCall, the percentage of parents saving for college is at an all-time high.

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Off-campus housing costs rising for college students

Posted on August 28th, 2016

While most of the focus on rising college costs has been related to tuition, there’s another factor that’s driving college students into debt: high off-campus housing costs.

A recent article from USA Today outlined the impact rising off-campus housing costs are having on students.

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