What happens when PLUS loans are part of a student’s aid package but the parents don’t qualify for the loans? (Unlike direct student loans, PLUS loans have an approval process much like most other forms of loans.) In such a case, it’s likely that the parents will have problems qualifying for any other “good” loans,
Since we’re at the height of “am I picking the right school?!?!?” anxiety, here is a reminder that it might not matter to some of the best companies out there which school you choose.
For most people, college is not affordable, even with an aid package. If the aid package at your dream school is insufficient, you might be thinking of trying to negotiate a better one. While aid adjustments are generally infrequent, the worst that can happen if you ask is that they say no; the school won’t rescind the original offer. Colleges…
I enjoyed this article about skills people should have by age 18– and how we prevent them from acquiring those skills. Timely info for parents of teens, especially those about to leave the nest.
Many aid packages include Direct Loans, which may be subsidized or unsubsidized. The difference is simple: with an unsubsidized loan, interest accrues starting on day 1 of the loan even if you choose to defer while in school. With a subsidized loan,