Tag: Student Loans

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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? …

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Living with Mom & Dad?

Is the trend shown in the chart below, caused by the increase in student loans, as seen in the following chart? Charts Courtesy: Goldman Sachs Global Investment Research & Zero Hedge, October 26, 2014 Related PostsWhere the Young Live B.A. in Common Sense Congrats to the Class of 2017! More About: To Seek Early Admissions or Not, …

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Why Winning Free Money Takes Effort

Scholarships are not mysterious.  Winning them takes work – which is only a continuation of the efforts to be eligible to compete for scholarships in the first place.   Related PostsCalifornia’s Budget Shortfalls: Consider the Immediate and Long Term Effects IMAGINE and Then RE-IMAGINE And, The Oops! Award for Fall 2016 College Admissions Goes To… …

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College Costs: Myth vs. Reality

A tongue-in-cheek look at rising college costs, yet gives another incentive for college bound teens to think thoroughly about their college choices. Related PostsDoes My Kid Have Even the Slightest Chance to Get Accepted? Choosing a College for Job Potential in Its Location Learning with a Purpose Passion Practiced in the Dorm Room Promoted in …

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Is College Financial Aid Really Aid?

The difference between the value of college, indicated by price and intrinsic worth, and what a family feels they can afford to pay creates the need for financial aid.  But, college bound buyer beware: NOT ALL FINANCIAL AID AWARDED BY THE UNIVERSITY IS ACTUALLY AID.  Related PostsOn Writing Arrrgh! What Information about Colleges Should Be Paid …