Key Points to Consider When Saving for College

Late this past summer, earlier this fall, millions of students made it back to their college or university of choice; others made it, but maybe not to the school of their choice.  Millions of parents hope their younger children might one day do the same. Most, if not all of those families, might be thinking […]

Co-Signing a Loan and Your Finances

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When it comes to federal student loans, the loans that are included in the award of financial aid, a co-signer is unnecessary.  Parent PLUS loans can be taken to help your child cover the cost of their education.  These loans, taken in your name, definitely obligate you to repayment. Unfortunately, there are times when a […]

Student Loan Mistakes Most People Make

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Student loans are par for the course for most attendees.  In fact, due to the projected expense of an undergraduate education, they likely had no choice but to borrow.  And, according to studies/surveys, they borrowed more than necessary due to one or more of the following strategic errors… Borrowed more than necessary.  Studies suggest that […]

Parents Report: Saving for College is not Easy

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With tuition costs soaring ever higher, parents have discovered that saving for a college education is tough, much tougher than expected.  According to a recent Student Loan Hero survey, less than one-third of parents believe they’ll be able to cover the cost.  The vast majority of those polled are finding it tough and more than […]

Avoid These Financial Aid Mistakes

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For families of high school Seniors, FAFSA time is almost here!  October 1st marks the beginning of the Free Application for Federal Student Aid filing period for the 2020-2021 academic year.  The FAFSA is comprised of more than 100 questions.  Completing it will take some time.  And, yes, mistakes will be made. Mistakes can be […]

Student Loan Debt and Your Retirement

Student loan debt continues to rise, nearing $1.6 Trillion, forcing Americans to delay saving for retirement. According to research conducted by the MIT AgeLab and published by the Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (“TIAA”), 84 percent of Americans report that student loan debt negatively impacted their ability to save for […]

Student Loan Debt – A Taboo Topic

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For most Americans, religion and politics are taboo when it comes to topics of conversation.  Likewise, it seems, is the subject of student debt.  So much so that Americans may dive into the formerly taboo topics referenced above. According to a Harris Poll of more than 1,000 adults, the topic of student loan debt is […]