fbpx
Articles written by

CollegeFinancialLady

College Scorecard

Looking for more decision-making tools? Try College Scorecard, the Department of Education’s website designed to help students and families compare the cost and value of different colleges. College Scorecard provides institution-level and field-of-study-level data on everything from admissions rates to post-graduation salaries to status of student loan repayment. How might you use it? Suppose your student is debating between a…

Required Reading Alert: Student Loans

Before your student chooses a college– or starts dreaming of an unaffordable one– here’s some data they need to see. A recent Harris Poll on behalf of CNBC Make It’s “Middle-Aged Millenials” series showed that more than half of older millenials– those aged 33-40– regret taking out student loans. Of 1,000 such adults surveyed, the average amount borrowed was just…

When do you pay college costs?

I’d put this question on my top 10 list of frequently-asked questions. When are college costs actually due, and how do you pay them? Is that actually two questions? Your first college payment is the deposit which is paid when you accept admission on or before May 1. Usually this is a nominal (relative to college costs) amount, typically ranging…

Choosing a College, Sight Unseen

I would imagine that for many graduating seniors, one of the trickiest aspects of deciding which college to attend is that students have few, if any, opportunities to set foot on campus to get a feel for the school before they need to decide. And even if you are off doing spring break tours, what you’re seeing is not exactly…