Lately, I have been fielding a number of questions about the differences between subsidized Stafford Loans and unsubsidized ones. Given how frequently this topic seems to come up, I thought I should post a quick synopsis of my answer here on the blog. Here's the deal: If you get your financial aid award and it says you have been approved for a student loan, odds are it is … [Read more...] about The Difference Between Subsidized and Unsubsidized Stafford Loans
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In the News: College Financial Aid Could Get Big Boost Under Obama Stimulus Plan
CNN Money reported today that President Obama's Stimulus Plan is set to help college students worried about how to pay for tuition, room and board. While the plan, known as the American Recovery and Reinvestment Act of 2009, still needs to be approved by Congress, some of the most student-friendly changes would include: >> Increasing the HOPE Scholarship tax credit … [Read more...] about In the News: College Financial Aid Could Get Big Boost Under Obama Stimulus Plan
The Real Cost of Paying Back Your Student Loans
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 … [Read more...] about The Real Cost of Paying Back Your Student Loans