We have been conditioned to think that student loans are inevitable. A necessary evil for today's college student. But yesterday's New York Times article on student loan debt has an optimistic message: One out of three students earn their BA degree with no student debt. That's right -- one-third of all undergrads will get through their degree without owing a penny in student … [Read more...] about Are Student Loans Inevitable?
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What You Need To Know About Repaying Your Student Loans
For those of you whom graduated this past June, the grace period on your student loans is coming to an end. Starting in January, you will be responsible for paying back the principle and interest of your student loans every single month, faithfully and on time, until they are paid off in their entirety. It's a weighty responsibility, but there are a few things you need to … [Read more...] about What You Need To Know About Repaying Your Student Loans
How Not Taking Out Student Loans Can Derail Your College Education
With the cost of tuition rising and the economy seizing up, it would seem that most students are going to need some form of student loan to pay for college. But according to a Monday report released by the Institute for Higher Education Policy, there are a growing number of students who forgo borrowing -- despite needing it and being qualified for aid. According to the … [Read more...] about How Not Taking Out Student Loans Can Derail Your College Education
Student Loans in the New Obama Administration
A few months ago, I wrote a couple of posts comparing Obama's views on financial aid to McCain's views on financial aid. Now that we have a new President (elect), I thought we should take a closer look at how federal financial aid, and specifically student loans, might look come January 21st under the new administration. Just days before the November 4th election, Obama … [Read more...] about Student Loans in the New Obama Administration