We write often about the necessity of making college more affordable in order to minimize student debt. One of the best ways to reduce your college costs is through private scholarships. They can be time-consuming to apply for, but winning free money for college is definitely worth it. With scholarships, you’ll have to take out less in […]
Your student loan debt can affect your credit, which affects whether you’ll be able to buy a car, house or take out a loan in the future.
But a new study shows nearly half of all student loan borrowers don’t know that, according to CNBC.
Before taking out student loans, it’s important to educate yourself about the types of student loans and understand how interest and repayment work so that you can put yourself in a good position to repay them in the future.
With the price of college continuing to rise, some students, particularly those from low-income families, have found themselves struggling to make ends meet. That’s why some colleges in Texas have taken a step to help, by setting up food pantries for students to pick up free groceries, according to The Texas Tribune. There’s a stereotype that most college […]
Choosing a college is one of the biggest decisions you’ll make in your life. College has a huge impact on you financially, emotionally, socially and academically–and can have a large effect on your future job prospects and earnings.
But no college is right for everyone, and everyone has different ideas about what makes a college best for them.
To make it easier for African-Americans to find colleges that fit their needs and preferences, MONEY collaborated with Essence magazine to analyze more than 1,500 four-year colleges to determine which ones offer the best value for African-American students.
With college costs higher than ever before, and families taking on more debt to pay for college, some students have sought alternative routes to finance their education.
Some students are now using income-share agreements, or ISAs, to help pay for college. With an ISA, students get money from investors and they agree to pay a percentage of their future income to those investors over a set period of time.
When choosing a college, it’s important to be aware of graduate outcomes from that college and how much you can expect to make once you leave school.
While we wouldn’t recommend choosing a college based on average graduate salaries alone, expected salary is definitely a factor to consider when determining how to pay for college and whether you’ll be able to afford your student loan payments once you graduate.
For students considering college in Upstate New York or our hometown of Western New York, Buffalo Business First put together a list of average graduate salaries from 43 local colleges.
Students in the U.S. pay more for college than in any other country. It’s no secret that the cost of college has risen astronomically and continues to increase each year.
But why is this the case? And what can be done to prevent costs from rising even further?
In a recent podcast from the University of Pennsylvania’s Knowledge@Wharton High School, Wharton management professor Peter Cappelli and PricewaterhouseCoopers Partner Michael Deniszczuk discuss why costs have risen, how financial aid can affect the cost of college and how student loans have affected borrowers and the economy as a whole.
We all know college is expensive, but there are also many hidden costs that can drive up the price even more. In a video for MONEY, Lynnette Khalfani-Cox of The Money Coach explains the hidden costs of college–and what you can do to reduce them. Hidden college costs can add up Khalfani-Cox notes that hidden […]
We reported earlier this year how students and parents were required to create an FSA ID in order to fill out the Free Application for Federal Student Aid (FAFSA) this year and explained how to do it in this post. But the new FSA ID requirement is causing confusion and problems for parents and students trying to submit […]
There are many factors that determine financial aid eligibility, and it can be difficult to know how much aid you’ll get before you apply.
With college being such a large investment, it’s important to do research and understand how financial aid is determined before applying to colleges in order to maximize your financial aid package.
In a recent segment on Time Money, Lynnette Khalfani-Cox, author of College Secrets: How to Save Money, Cut College Costs and Graduate Debt Free, explains how to maximize your financial aid, the difference between merit and need-based aid, and why you should fill out the FAFSA even if you don’t think you’ll qualify for aid.