Paying For College

Should You Pay for Your Child’s College Education?

The question in the title of this post may seem rhetorical. “Of course parents should pay for their child(ren)’s college education!” you might think most people would answer. However, in today’s world, where a four year degree (assuming that the degree can be completed in just four years) can cost upward to $300,000, that may ...

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Is U.S. Citizen Abroad an International Student?

Question: Does my daughter count as an international student if she completes highschool outside US? She was born in US but both parents are not us citizens nor have  ever paid any taxes or worked in the states.Also is she eligible for financial aid and loans? Colleges have varying policies when, for their own “head ...

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I Need Help Deciphering and Comparing Financial Aid Offers

Question: I’m a high school senior headed to my dream college this fall. I’m very excited to start the next chapter of my life and so glad that I got into my #1 pick. All this being said, I am a little concerned about one thing. The college recently sent me a financial aid letter and it’s more than ...

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Top Student Receives Denials: Are Need-Blind Colleges REALLY Need-Blind?

Question: My daughter, 4.0GPA, 2360+ on SAT, 98+ percentile on subject tests, interned in some of the most prestigious organizations in the US, traveled around the world, speaks three languages, has excellent recommendations…the only down side, our CSS & FAFSA showed our income, etc. below poverty line in 2014 & 2015 (temporary downturn) She has ...

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Student Loans: Paying The Piper

Borrowing money from various sources is part of the college process for most college students today. I’ve discussed this topic before here in my blog, noting that the level of student loan debt, both individually and collectively in America, is staggering. I’ve cited a few college graduates who have amassed a six-figure debt. To me, ...

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My Parents Won’t Pay for College. Can I Take Out My Own Loans?

Question: Hi my question is even with an extremely high family income could I still take out student loans. My father and step-mother have a combined income of <500k a year however due to strained relationships they will not help pay for college. My mother also makes 100k but can’t help due to lots of ...

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Revamped SAT Worries Students

It’s nail-biting time for high school students. The redesigned SAT is about to deploy and that means dealing with change. Many students have gotten into a groove with the previous SAT format and their test prep methods have calmed and reassured them. Those days are gone. To say that this redesign has caused angst and ...

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College for 2015 Grad On her Own

Question: If I graduated with the class of 2015 and didn’t apply to college or take the SAT what can I do if I want to apply for college now? Would I have to do my fafsa this January? I have been living on my own, would I still need my parents information? Where can ...

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A Proactive Approach to Student Debt

I was having a discussion the other day with a friend who was telling me about a mother she knew who was agonizing about her son’s college enrollment decision. The son had just been accepted to New York University but the financial aid being offered by NYU, plus the family’s financial situation, would mean that ...

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Parents And College Costs

We’ve been discussing the issues of college value, Return on Investment (ROI), and the effect of college costs on students (loans) and families (financial sacrifices). Those are heavy considerations that require much analysis before commitment. Today, as somewhat of an extension of those topics, I want to share some ideas and information about two additional ...

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