If you are like most college students, there’s a good chance you are a “non-traditional” student. Likewise, your college degree path is probably also non-traditional. Unfortunately, a zigzagging degree path can greatly complicate an already complicated financial endeavor: financing your college education.
According to the US Department of Education, 73% of college students are considered to [...]
Paying for College
Posted on October 24, 2013 by Beth Dumbauld
If you are like most college students, there’s a good chance you are a “non-traditional” student. Likewise, your college degree path is probably also non-traditional. Unfortunately, a zigzagging degree path can greatly complicate an already complicated financial endeavor: financing your college education.Read More...
Posted on October 23, 2013 by Beth Dumbauld
Think student loans can help you afford college? Think again. It’s a mistake to confuse access to financial tools, including student loans, with affordability.Read More...
What is a financial tool?
A student loan is a financial tool. A credit card is a financial tool. A check is a financial tool. Cash is a financial tool as well.
Financial tools [...]
Posted on October 11, 2013 by Beth Dumbauld
You want to go to college. You are ready now. You’re on a budget, yet you are determined to go back and earn your college degree.Read More...
What do you do?
If you are like most adult students, you will find an institution online or nearby that has a degree program you like, for example in engineering or [...]
Posted on October 10, 2013 by Beth Dumbauld
The reality in higher education today is that a high percentage of college students need to take college courses outside of their degree program. You cannot use financial aid to take these courses. If your goal is to affordably earn a college degree, you need to pay the least amount possible for any college course(s) [...]Read More...
Posted on October 7, 2013 by Barry Lenson
You walk into your college’s financial aid office and fill out paperwork to borrow $14,000 at a 6% interest rate that you promise to repay over 10 years. The financial aid officer who helps you fill out the paperwork calculates that when you start to repay, you will write a monthly check for $155.40. You [...]Read More...
Posted on October 4, 2013 by Beth Dumbauld
It can be a challenge to know if the college where you plan on earning your degree is truly affordable. Let's face it, we are all persuadable. We don't always make decisions that are in our best interest. And when it comes time to go back to college and earn a degree, we can be [...]Read More...
Posted on October 2, 2013 by Barry Lenson
You want to go to college. But how can you come up with $50,000+ to attend a four-year state school, or with $200,000+ to attend a four-year private college? (That’s about what you’ll pay when you add up tuition, housing, student fees, and other costs.)Read More...
That question isn’t only bothering students. It’s troubling colleges too. To [...]
Posted on September 30, 2013 by Barry Lenson
Where You Start College Matters if You Want to Save MoneyRead More...
The first place you take college courses is the most important if you want to keep your college costs low. I’ll explain why in a moment but before I do, let’s take a moment to remember how most colleges structure their programs of study [...]
Posted on September 24, 2013 by Barry Lenson
Not everyone who goes to college ends up deep in debt. Here are the stories of StraighterLine students who have saved – not borrowed– thousands of dollars by taking courses online.
Latoya Deon estimates that a three-credit Introduction to a philosophy course at the University of San Francisco would have cost her $2,700. “My StraighterLine course [...]Read More...
Posted on September 20, 2013 by Barry Lenson
A recent study by FICO Labs reports that student debt is quickly spiraling out of control . . .
Back in 2005-2007, 12.4% of student borrowers were defaulting on their loans. After October 2010, that percentage surged to 15.1%. That represents a 22% increase in the delinquency rate.Read More...
In 2005, the average debt owed on a student [...]
Posted on September 19, 2013 by Barry Lenson
When you spend money on college, you invest in your future.Read More...
According to “Want to earn $650,000 more? Go to college,” an article that Justine Rivero wrote for Forbes, college grads earn an average of $650,000 more over their lifetimes than people do who earned only school diplomas. She also writes that certain college majors do [...]
Posted on September 12, 2013 by Barry Lenson
If you want to save a bundle on your college education here’s a powerful tip for you . . .Read More...
Borrow as little as possible to pay for it, because borrowing money is incredibly expensive
For every $5,000 that you avoid borrowing at 6%, for example, you save about $100 a month to repay your loan. But [...]
Posted on September 4, 2013 by Barry Lenson
Many people believe that the FAFSA (Free Application for Federal Student Aid) is something that only college students between the ages of 18 and 22 need to complete. Not so. If you are returning to college at any age and need financial assistance, you should fill out the FAFSA.Read More...
Here‘s what you need to know.
1) The [...]
Posted on September 1, 2013 by Barry Lenson
At state schools, tuition continues to rise. It does at exclusive private colleges too – the schools with immense endowments. Dartmouth College, for example, had a $3.9 billion endowment in 2012. Tuition there hovers at $45,000. Dartmouth also gives financial aid to 57% of its students, according to data on About.com.Read More...
Instead of quoting a hefty [...]
Posted on August 29, 2013 by Barry Lenson
If money and time don’t matter, it’s pretty simple to go back to college to finish your degree. You simply enroll in a college, sign up and pay list price for the courses you need, and that’s about it.Read More...
But if you’d like to save both time and money, you need some smarter strategies like these [...]