Borrowing for College: Advice about Loans for Students and Parents

Borrowing for College: Advice about Loans for Students and Parents

If you’re the parent of a current college student, or of a high school student heading in that direction, statistics on student loan debt in the U.S. are worrisome. Here are the numbers: Total student loan debt: $1.52 trillion Total U.S. borrowers with student loan debt:2 million Student loan delinquency or default rate: 7% (90+

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Paying for college as a first-generation student

Paying for college as a first-generation student

Money MattersNo comments yet

The high cost of tuition can be discouraging for high school students considering college, especially if they are “first generation” (meaning their parents did not attend college in the U.S.). Affording college is possible, even for low-income and first-gen students and their families. Here are six helpful financial tips for you and your student! 1. Don’t rule out private

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  • I've been through the process twice, and you are so right: it is stressful! However, everything works out for the best. My daughter ended up attending a school she didn't even want to see. In fact, the day we went to visit, she decided to leave the tour early, rather than going to the question and answer session. Well, it was the best four years of her life thus far, and she has made lifetime friends and had many wonderful experiences because of her education there. Thanks for sharing. I always love reading your pieces.