Student Loans

When The College Bill Comes Due

My post today is aimed at seniors … college seniors, who will graduate in about six months and head out into that mythical “real world.” Aside from the need to find gainful, hopefully satisfying employment, that real world includes one very sobering reality: debt. I’ve written a number of rants here about the perils of ...

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Do You Need College?

My post today is not intended for high school seniors who are already working on their college applications. It’s aimed at younger students who are still thinking about their future directions in life. Of course, I can’t forget parents who are closely involved (or at least should be) closely involved with their children’s education. So you’re ...

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Financial Aid: Panacea Or Prison?

Those of you high school seniors preparing your college applications are answering tons of questions as part of those applications: “Why do you want to go to [college name here]? “What elements of diversity will you bring to the [college name here] community?” “Where do you see yourself 10 years after graduating from [college name ...

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Seven Student Loan Myths Debunked

Ah, one of my favorite topics: student loans, along with their nasty consequence: student loan debt. Over the years, I have constantly nagged my student and parent readers about keeping a rational mindset when considering the lure of financial aid packages, especially those of the seductive (and emotionally exciting) first year. In the flush of ...

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The Devil’s in The Debt

Okay, high school seniors … let’s summarize. You probably have piled somewhere, the results of your college quest: the good news (acceptances) and the not so good news (rejections) or, possibly worse, waitlistings. Waitlistings seem to be the tool of choice these days with highly competitive colleges. You can read my thoughts on waitlists elsewhere ...

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Obtaining More Financial Aid

Most things are negotiable. That includes college financial aid. I know that to be true because I have negotiated successfully for an increased aid package for my daughter. I recall the situation quite clearly, even though it happened decades ago. My daughter applied Early Decision to a small liberal arts college and was accepted in ...

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Do You Merit Aid?

Early Decision (ED) and Early Action (EA) outcomes will be arriving within several weeks. This is Thanksgiving week and families around the world, especially here in America, are hoping to give thanks for a generous financial aid package that will be arriving either with or shortly following the goods news of getting into a dream ...

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Juniors: Look Ahead to Paying for College

Today I’d like to address high school juniors and their parents. We’re nearing the end of another school year. After classes end for you this spring, you will become “rising” seniors. Hopefully, during this junior year, you had a chance to begin (or continue) your discussions with your parents about your college process. If you ...

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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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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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