The idea of paying for college is stressful for students and their parents alike. Add to that the complexity surrounding financial aid packets and how federal student loans work, and it’s no wonder many people feel overwhelmed. To help you navigate through these mysterious waters, and provide you with some peace of mind, here is…
Read MoreTaking on Debt for College? Don’t Count on the Federal Student Loan Forgiveness Program
President Joe Biden’s student loan forgiveness has been a hot topic since he was on the campaign trail. Once President Joe Biden took office, discussions about student loan reform at the federal level ramped up, leaving many borrowers wondering if student loan cancellation may be on the horizon. While student loan repayment and interest charges…
Read MoreWhat is a Stafford Loan and What Do You Need to Know About Them?
College is expensive. As a result, many students rely on student loans to pay for their schooling, including programs offered by the federal government. The Direct Stafford Loan is the most widely used form of federal student loan, providing federal financial aid options for undergraduate and graduate students. However, just because federal Stafford loans are…
Read MoreShould Students Use an Income Share Agreement to Avoid Student Loans?
Many students are striving to avoid student loans entirely. They use a combination of grants, scholarships, and savings to pay for school or choose less expensive colleges to stretch their education dollars. However, a new option for avoiding student loans is making the rounds: the income share agreement (ISA). Student loan debt is an epidemic…
Read MoreColleges That Meet 100% Financial Need Without Student Loans
When college students need to cover the cost associated with getting their degree, many assume that student loans are always part of the financial aid package. While many schools do include loans as a means of paying for their programs, there are also colleges that meet 100% financial need entirely loan-free. This means your child…
Read MoreParent Direct PLUS vs. Private Student Loans: How to Decide
If your child’s financial aid package falls a bit short, you are often left debating whether you should take out Parent Direct PLUS Loans or private student loans. Both options can help your student pay for a range of college expenses, including: Tuition Fees Room and Board Computers Supplies And More! Additionally, both are widely…
Read MoreCareers That Will Pay Off Student Loans
Student loans are a burden. They are often large debts, leaving borrowers saddled with massive monthly payments for years, even decades. And that’s what makes finding careers that will pay off student loans enticing. While it sounds like a thing of myth, these options actually do exist. There are careers that will pay off student…
Read More7 Unique Ways to Pay Down Student Loans While in College
Everyone knows that college is expensive. Often, students have to take out loans to make obtaining a degree possible, leaving them wondering what they could do to pay down student loans faster. Having a significant debt load hanging over their heads is burdensome, affecting their ability to acquire other financial products and requiring a serious chunk…
Read MoreHow to Pay for College
How to pay for college? That’s one of the biggest questions most parents and students ask when it comes to obtaining higher education. While the question is simple, the answer can seem shockingly complex. There are numerous options when it comes to paying for college, and it can be challenging to sort through them to…
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