Tag: video

4 things to know about repaying your student loans

Posted on November 1st, 2013

If you graduated in May, November means the end of your six-month grace period on your subsidized Direct Subsidized and Unsubsidized student loans.

Watch the video below to find out to expect during repayment, and check out the top 4 things to know about repaying your student loans.

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Plan for college early to maximize financial aid

Posted on September 30th, 2013

This video from Reuters TV offers a year-by-year plan for high school students and their parents to help them prepare for college. It includes some great tips on saving for college and how to get the most financial aid possible.

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American higher education’s “dirty little secret”

Posted on September 4th, 2013

"The dirty secret of American higher education is that student-loan interest rates are almost irrelevant. It’s not the cost of the loan that’s the problem, it’s the principal — the appallingly high tuition costs that have been soaring at two to three times the rate of inflation, an irrational upward trajectory eerily reminiscent of skyrocketing housing prices in the years before 2008." -- Matt Taibbi

President Obama’s recent signing of the bill to keep student loan interest rates low is a move in the right direction toward helping students afford college. But as we’ve discussed, it’s not enough. In the video below from Democracy Now, Rolling Stone editor Matt Taibbi discusses how the high price of U.S. college tuition is the real […]

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Generations of student loan debt

Posted on August 29th, 2013

We often hear about student debt as a problem for recent college graduates in their 20s and 30s. But it’s not just young adults who are struggling to pay back their loans. Their parents are suffering as well.

Americans ages 50-59 owe a combined $112 billion in student loans. That’s triple what they owed in 2005. Why the dramatic increase? Because many parents are taking out additional loans to pay for their children’s education, despite still paying off their own student loan debt.

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President Obama unveils plan on college affordability

Posted on August 22nd, 2013

"Whether we're talking about a 2-year program, a 4-year program, a technical certificate, the bottom line is that higher education cannot be a luxury. It's an economic imperative. Every American family should be able to afford to get it." -- President Obama

In his visit to Western New York today, President Obama unveiled a series of higher education reforms aimed at making college more affordable. A new way of ranking colleges His ideas include creating a new rating system for colleges that would judge schools on measures like tuition, graduation rates, debt and earnings of graduates, and […]

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Putting a face on student loan debt

Posted on June 26th, 2013

"Every decision I make is viewed in terms of, how am I going to pay this loan? Is this a good financial decision in light of the fact that I have to make this monthly payment?" -- Melody Bray

There are millions of student loan borrowers struggling to repay their college debt. In this interesting video from HLN TV, Clark Howard speaks with two real borrowers about how they got into debt, how they plan to get out and the advice they have for aspiring college students.

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Don’t major in debt

Posted on June 23rd, 2013

With the cost of college skyrocketing over the past 30 years, taking out student loans has become a necessary evil for many students to attend college. The problem is, many borrowers don’t fully understand the terms of the loans they are taking out or what repayment is really like–until graduation hits and they’re faced with an expensive student loan bill every month.

In this insightful video from The Field, real college students share their thoughts about their student debt, why they took out student loans, and how they plan on repaying their debt in the future.

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What happens after you complete the FAFSA?

Posted on March 5th, 2013

So you filled out the FAFSA–now what? Here’s an overview of what to expect. To summarize: 1. Within a few days of completing the FAFSA, you’ll receive your Student Aid Report (SAR). This will be a paper or electronic document listing your answers on the FAFSA. You can view your SAR online at fafsa.ed.gov using […]

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