Parents Borrowing for College
Are you a parent looking for a college loan? Most of the press attention is focused on college loans that students take out, but there are parent loans as well. Today, I’m going to focus on PLUS...
View ArticleThe $555,000 College Debt Mistake
Recently I wrote posts that cautioned parents and students not to take on too much college debt. Why am I being a nag? College loan debt can be toxic. My Exhibit A is a family practitioner in Columbus,...
View ArticleThe Nuts and Bolts of Stafford Loans
This is the time of year when colleges start sending their bills out to new and returning students. And that’s why this is also the time of year when parents and students begin inquiring about college...
View ArticleHow 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...
View ArticleStates With the Highest and Lowest Student Debt
Student loan debt is at its highest level ever. That’s the conclusion of a new report released on Thursday by The Project on Student Debt. Two thirds of students in the class of 2010 graduated with...
View ArticleLook Who Is Borrowing the Most for College
The unrelenting cost of college is hitting upper-middle-class families hard. According to a front-page analysis today in The Wall Street Journal, it’s these families who are experiencing the largest...
View ArticleMaking 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...
View ArticleWe Are Done Paying for College
Last month, my husband and I sent off our final college payment. Bruce and I made monthly payments for seven consecutive years for our daughter Caitlin and our son Ben, who will be graduating from...
View ArticleThe Best College Loan for Students
As recently as the early 1990s, most students did not take out college loans. Today about two out of every three students borrow to pay for college due to the runaway cost of college. The typical...
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