-
69% of Students Highly or Very Highly Stressed by College Admissions
March 22, 2013 by Steven RothbergThis is a very stressful time of the year for high school seniors and others who are waiting to hear back from the admissions offices of colleges and universities. Although some top students received “you’ve been accepted” letters months ago from schools with rolling admissions policies, most students are still waiting to hear from most schools. And the wait can be agonizing.
According to The Princeton Review’s 2013 “College Hopes & Worries Survey” – an annual poll of college applicants and parents of applicants – stress levels are high and worries about college costs are higher than ever. Eighty-nine percent of survey respondents this year say financial aid will be “very” necessary to pay for college and within that cohort 66 percent say “extremely” necessary (a five percent increase over 2012). Nonetheless, 100 percent of the respondents believe college will be “worth it” and 51 percent see a “potentially better job / higher income” as the main benefit of the diploma. Other findings were: Continue Reading
-
Student Loan Delinquency
February 13, 2013 by William FriersonUnfortunately, many college students are having a hard time repaying their student loans, which has created enormous student debt in the United States. The following infographic highlights student loan debt and its delinquency. Continue Reading
-
3 Things to Do During Your Student Loan Grace Period
January 04, 2013 by William Frierson
How can you prepare to pay back your student loans before they are due? Here is some advice in the following post.Your student loan grace period is a set amount of time after you graduate, leave school, or drop below half-time enrollment, but before you must begin repayment on your loan. The grace period gives you time to get financially settled and to select your repayment plan. Not all federal student loans have a grace period. Note that for many loans, interest will accrue during your grace period.
Here are three things you can do during your grace period to prepare for repayment:
Link:
-
Five Things to Know About Your Student Loans
by William Frierson
The following post provides information on student loans, in case you need to get some or you will be paying some back.Over the next few months, many students who graduated or left school in the spring of 2012 will reach the end of their grace period and start repaying their student loans. Now is a great time to brush up on the basics of student loans.
Financial aid comes in many forms. Grants and scholarships are often called “gift aid” because they don’t have to be repaid. Another form of financial aid is work-study. Federal Work-Study provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses.
Follow this link -
-
Should You Be Looking for Jobs or Interviews?
December 21, 2012 by William Frierson
While a college graduate’s ultimate goal is to land a new job, getting the chance to interview for one is an important step in that direction. The following post shares some tips that can produce more of these opportunities.You’re counting down the months to graduation. But instead of doing a happy dance, you’re doing the limbo. You know those awkward months where it’s too early to apply for full-time jobs while biding time for your coveted diploma. It’s a challenging position.
Link:
-
Which Student Loan Repayment Plan Should You Choose?
December 20, 2012 by William Frierson
What is the best plan for you to pay back your student loans? Check out the following post to learn more about various payment options.Student loan repayment season is nearing, and recent college graduates may be trying to understand the different types of repayment plans, and which ones may be best for them. Let’s explore what repayment plans exist for federal student loans, and how they differ.
This article is from:
-
How To Find A High-Paying Job Without A College Degree
December 19, 2012 by William Frierson
There is no question that getting a college degree can help you get a job. However, if you don’t have one, that doesn’t necessarily mean you can’t get a good job. Learn more in the following post.The following is a guest post by Career Step. According to FinAid, students are graduating with an average student loan debt of $23,186. The average student loan debt for borrowers aged less than 30, as of the end of March 2012, has risen 56 percent since the beginning of 2005 to a record $20,835, according to data released by the Federal Reserve Bank
Original link:
-
What Is a Loan Servicer and Why Should I Care?
November 30, 2012 by William Frierson
If you don’t know what a loan servicer is, you may want to if you’re going to be paying back student loans. The following post will help you understand the purpose of a loan servicer and why it is important.So you took out a federal student loan and now it’s time to pay it back. I was in your exact position a year ago and even though I was working at Federal Student Aid, the student loan repayment process was overwhelming.
One of my first questions was: Why am I receiving federal student loan bills from a company rather than the U.S. Department of Education? If you have asked yourself a similar question, this may help:
Continued:
-
Financial plan for students – How to fund education smartly
October 31, 2012 by William FriersonStudent debt is growing by leaps and bounds. This is breaking past all records previously held by other lines of credit. For the first time in the history of US, student debt surpassed credit card debt in 2010 and then it overtook auto loans in 2011. Finally, the Consumer Protection Bureau had to admit this March 2012 that student debt has swelled over $1 trillion mark. Therefore, students need to plan their finances to pay for their college fees since the debt relief programs provided by the government are very tough to qualify. Continue Reading
-
The Types of Financial Aid Available to College Students
October 30, 2012 by William FriersonProspective and current college students should be aware of all financial aid options to further their educations. The following infographic provides information about the types of assistance available to these students. Continue Reading

Please enter a Job Title and/or City.

