The May 2020 Treasury auction has taken place, which means now we know what student loan interest rates will be for the 2020-2021 school year. Interest rates on all student loans will be 1.78% lower during the coming school year than they are this year, because each loan type’s interest rate is a fixed markup from the 10-year Treasury at…
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Every year in early May, NACAC publishes a list of colleges that still have openings for the coming fall, and this year is no exception. Currently about 750 schools show up on the list. The College Openings Update is a database that can be searched on various criteria including state, housing availability and financial aid availability. Given that many schools…
My apologies to anyone who tried to access my event on Facebook yesterday. The short story is, the stream went to the wrong place and when you’re in the middle of a live interview there isn’t much you can do to change that! The recording is available here so you can watch it at your convenience. (The part where I…
This week a number of colleges announced plans to open this fall for in-person courses. If that doesn’t serve as a reminder that colleges are a business, then I don’t know what would. What’s with the announcements? Have some colleges discovered magical cures for COVID? Or is it just that May 1 is the traditional decision date and about 40%…
Does your student have some free time on their hands? If so, now could be a great time to start working on college essays. The Common App and Coalition App release their essay prompts well ahead of time– January for the Common App, for example. While these are especially pertinent for current juniors, the prompts change little, if at all,…