Tag: Parent PLUS Loans

Archive

Ever Wonder Why The Dollars in Your Pocket Are Less?

Wonder no longer… Related PostsThey’re Called Growing Pains for a Reason The Growing Pains From Applying to College Will continuing tuition increases eventually cool demand for college? Guest Post: Don’t Overlook The Food How Major is a College Major?

Archive

Does a Free Lunch Exist?

Here’s how to borrow $127,000 in student loans, only repay $87,000 over twenty years, and have the U.S. Government pick up the tab for the $450,000 still owed at the end of the repayment period.  [Notice the quadrupling effect on the total balance owed because of the interest that accrues in the two decade long repayment period? …

Archive

Borrower Beware

Student borrowers aren’t the only ones defaulting on college loans… Chart source: Department of Education & Inside Higher Ed   Related PostsThe Waiting Game The Pioneers Take All the Arrows College and The Middle School Years Imagination is Not Just for Kids What’s Unemployment Got to Do With Picking Colleges for Application?

Archive

Economic Recovery?

Even though the news may be promoting economic recovery, a recent UCLA study showing that middle aged parents aged 50 to 64 are moving back into their elderly parents home with kids in tow for financial reasons – may support a competing meme that shows our current financial state isn’t so rosy.  To further add …

Archive

Student Loan Interest Rate Relief In Sight

The U.S. House of Representatives passed a bill to lower Federal student loan interest rates to 3.9% from 6.8% for the upcoming 2013-14 school year–following the U.S. Senate’s passage of the same bill last week.  The rate reduction would mean  a savings of $944.44 in interest over the life of the loan, for first year college …