Are you a parent looking for a college loan? Most of the press attention is focused on college loans that students take out, but there are parent loans as well. Today, I’m going to focus on PLUS Loans and home equity lines. PLUS Loan For parents, the federal government offers PLUS Loans. At first blush, […]
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Stafford Loans: Borrowing for College
It’s that time of year when parents, as well as new and returning college students, start thinking about college loans. Consequently, today I want to answer a few questions about Stafford Loans, which are the most popular federal student loans. Here are the questions: Question No. 1: Are there different kinds of Stafford Loans? Yes. […]
When Your Dream School Costs Too Much
I’m resurrecting a college blog post that I wrote last spring because it’s going to be timely again when high school seniors begin getting their acceptance letters. We are approaching the time of year when parents agonize about sending their children off to expensive colleges and universities even if they can’t afford the price tag. […]
A Financial Aid Guru Answers Questions
Do you have financial aid questions? If you do, head over to the college blog at The New York Times. This week Mark Kantrowitz, a financial aid guru and the publisher of FinAid and FastWeb, is answering people’s questions about financial aid. So far, Kantrowitz has answered three rounds of questions that you can read […]
Financial Aid and Home Equity: Part II
In yesterday’s college blog post, I wrote about a dad who is wondering if he should take a CPA’s advice and hide his home equity from colleges in an annuity. If you didn’t read the post, here it is: Dubious Financial Aid Advice: Hiding Home Equity After reading my post, Todd Weaver, a college consultant […]
Dubious Financial Aid Advice: Hiding Home Equity
It’s the time of year when families of high school seniors start worrying about their home equity and financial aid. That’s why I decided to share an email that I got yesterday from a father who was interested in using the services of a CPA who says he could hide his home equity from financial […]
Buy Lynn’s Workbook
If you’re a parent, you are probably worried about college costs. College tuition has been increasing faster than inflation for years. The most expensive colleges used to be $30,000, then $40,000 and now dozens of schools have shot past the $50,000 mark.
Who can afford to pay that kind of money? Find the answers you need to slash the cost of college by reading Lynn’s Book. Learn More…
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