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Posts in category Financing

Free Money vs. Loans: Am I Being Tricked?

Free Money vs. Loans: Am I Being Tricked?
On a frigid winter day with streets covered in snow and slush, a career as an auto mechanic might not sound appealing. Of course given the specific skill set needed to be an auto mechanic, this career may not appeal to many people even on a 95 degree island. One advantage however to being a mechanic is an advanced knowledge of cars, a subject [...]

Student Borrowing Increases Among Affluent

This story was written by By Janet Lorin and originally published on Bloomberg.com. Students from affluent families are taking out loans for college at twice the rate of two decades ago, the fasting-growing borrower’s group. Fifty percent of graduates in the class of 2012 whose parents had incomes of more than $125,700 left college with loans [...]

Understanding Federal Loans

Understanding Federal Loans
In the world of borrowing for college, we finally have some good news for families: The percentage of money borrowed to pay for college, as opposed to the amount of money paid out of pocket, has decreased by five percent! Here is an “exciting” snippet from the Wall Street Journal citing information from this year’s study by Sallie Mae and Ips [...]

Finding the Best Resource for Financial Aid Planning

Within our business, we constantly hear concerns from families about their struggles to fund the cost of college. Unfortunately, given the yearly increases to these brutal college prices, this difficulty will not soon go away. As in any difficult situation however, parents can ease their burden by understanding the value that comes from seeki [...]

The Cost of Travel for Students & Parents

For the Roberts family, the big day has finally arrived: Ralphie Roberts is moving into his dorm room! Ronald, Regina and little sister Rachel are feeling bittersweet about the experience. On one hand, they will miss Ralphie tremendously but on the other, they are thrilled that he is about to begin a new, crucial chapter in his life. After th [...]

Financial Aid: Going All In

In today’s world of distractions, parents have the dubious task of trying to focus young people with heads in smart phones, iPad’s and whatever else just came out yesterday. As new technologies evolve, the challenge becomes greater but ultimately it is parents that need to instill character-building qualities in their children. One important [...]

Free Money vs. Loans: Am I Being Tricked?

Free Money vs. Loans: Am I Being Tricked?
On a frigid winter day with streets covered in snow and slush, a career as an auto mechanic might not sound appealing. Of course given the specific skill set needed to be an auto mechanic, this career may not appeal to many people even on a 95 degree island. One advantage however to being a mechanic is an advanced knowledge of cars, a subject [...]