August 13, 2013 by William Frierson
While college students may have people supporting their education financially, the cost of this higher education is worrying many of these contributors. Learn more in the following post.
School might be out for summer, but a new nationwide survey conducted for TheStreet’s MainStreet by GfK North America finds that one in three adults are currently helping or planning to help pay for a child’s higher education, and that 71% of them are worried about how they will cover the cost. Continue Reading
July 23, 2013 by William Frierson
Graduating with a diploma in one hand and a hefty I-owe-you in the other hand has increasingly become the new normal.
There are more than 37 million borrowers with outstanding student loans in the United States and their numbers are rising. Meanwhile, interest rates on federal loans are rising steadily. While you may panic when you imagine that first monthly loan payment bill arriving in the mail, remember that you have options you can pursue before signing any promissory notes. Also, if you do decide to borrow, remember that not every loan offers comparable terms. Continue Reading
July 01, 2013 by William Frierson
It’s no secret that there is a student loan problem in this country. That problem is not just the problem of the current millennial generation student body though. It affects all of us.
A member of my Twitter fam shared an article from Forbes.com with me yesterday that mentioned that 1/3 of millennials regret going to college. This regret stems from the enormous debt that they find themselves in from student loans at the end of their four years in college. The frustration is then compounded with a nearly five-year stretch of double-digit unemployment for millennials. Not only have they racked up an enormous student loan bill, they are also at a loss for where and how to land a job to make any money to start paying that bill. Continue Reading
by William Frierson
From $20,000 to $65,000 a year – that’s the tuition cost for one year of college, says John McDonough, a money expert who helps retirees and parents plan for their families’ futures.
“For the 2012–2013 academic year, the average cost for an in-state public college is $22,261. A moderate budget for a private college averaged $43,289,” says McDonough, CEO of Studemont Group College Funding Solutions. “But for elite schools, we’re talking about three times the cost of your local state school. Either way, your kid’s higher education can easily shoot into six figures after four years.” Continue Reading
June 24, 2013 by William Frierson
If you are considering going back to school, you should definitely take into consideration the benefits of earning a degree online. For those of you with children, as well as those of you who are already working professionals, online courses could be a smooth transition for you and fit in your lifestyle.
There are benefits on both sides of the table, but an online degree for returning students can outweigh traditional, on-campus education in certain circumstances. Continue reading for my top 4 list of benefits of an online degree. Continue Reading
June 20, 2013 by William Frierson
College is difficult financially for students, which is why you need basic money management skills to get through it with the least amount of debt possible. This includes learning how to budget, getting financial aid and loans, and understanding how interest works. Take a closer look at these top money management skills every college student should know. Continue Reading
June 14, 2013 by William Frierson
Whether you’re taking out a federal student loan or entering repayment, get up to speed on the new changes to the federal loan program. Kiplinger’s outlines the five new rules you need to know about federal student loans.
The new rules include:
· Loans get pricier—the rate on federally sponsored loans jumps from 3.4% to 6.8% on July 1, barring a last-minute (and unlikely) save from Congress. Despite the headlines, there’s no need to panic—the rate applies only to new loans, not those that are outstanding. Continue Reading
June 13, 2013 by William Frierson
If you believe you did, see if any of the criteria in the following post confirm your feeling.
I was speaking to some recent grad friends of mine and one commented, that no college kids put themselves through school b/c parents pay for everything. My response, immediate b.s. I’m inclined to think “most” students (I prefer to call them kids) don’t but a few do. Continue Reading
May 24, 2013 by William Frierson
Most college students enter the workplace in debt, according to a report published by the Institute for College Access & Success. The report states that the average college student graduates owing $26,600. This debt can really put a damper on a person’s after-college plans. It means hitting the job marketplace right away and often accepting the first job, as opposed to your dream job. In order to keep costs down, it’s recommended that students find ways to pay for college as they’re taking classes. Continue Reading
May 13, 2013 by William Frierson
Even though you may be interested in searching for recent graduate jobs, continuing your education beyond a four year degree might be a priority. However, where do you find assistance with your tuition? Learn more in the following post.
Yes, sugar daddy! With student loan debt topping a trillion dollars, it doesn’t sound half bad, does it? But before you start getting vulgar ideas, we’re talking about legal ways to get other people to pay for some or all of your educational expenses. If you’ve been in the business world