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  • Welcome to Financial Aid Finder
    Written by mlucas No Comments
    Last Updated:: November 3, 2009
    A college education… Getting a degree is one of the most important investments you will make in your life. However, with the increasing costs of tuition, figuring out how to finance your education can be discouraging and even a little scary. The management team of Financial Aid Finder has been producing top rated financial aid resources since 1993. A few years ago, we decided to bring these resources to the public for free. Financial Aid Finder believes that in today’s economic market students need all the help they can get in finding and evaluating college financial aid options to help them pay for their college and university education. Let’s face it financial aid is as confusing as it is necessary to a college education! That is why we have designed this website to a...
  • The Real Cost of Paying Back Your Student Loans
    Written by mara 4 Comments
    Last Updated:: April 17, 2008
    April 17, 2008 by Mara Strom If you’re a recent college grad straddled with a sizeable chunk of student debt, you’re in good company. In fact, a study by The National Center for Education Statistics indicates that 50% of all college grads have an average of $10,000 or more to pay back on their college loans. Let’s say you’re a little better than average and take out $18K in loans. Here’s what you’ll be looking at: $207 per month for 10 years, if you’ve got a Stafford Loan with a (relatively low) fixed interest rate of 6.8%. And P.S. On the original principle, you’ll be paying back another $6,900 in interest. If you want to see the breakdown for your specific loan, check out the nifty student loan calculator at finaid.org. Now consider that the average starting s...
  • College Loans – Heavy Debt Burden Carried by Graduates
    Written by Natalie No Comments
    Last Updated:: March 10, 2006
    There has been a lot of much needed attention given to “debt” these past few months. No doubt Oprah and her “debt diet” has sparked much of the spotlight but it is an especially important concept for prospective college students to grasp. There was a recent article on Yahoo News entitled “The Debt-for-Diploma Crunch” that outlined how those who are in their 20 and 30 somethings are finding it impossible to get ahead because of their student loans. Even worse, college tuition is on the rise and will continue to rise. Financial aid has never been more important! College loans can set you back long after you have earned your degree. This leaves young families with no extra money to set aside for a financial cushion. FinancialAidFinder is filled with fr...