In late 2017 and early 2018 there was a flurry of news about plans to reauthorize the Higher Education Act, which governs student loan programs among other things. Both the PROSPER Act which passed through committees in Congress in December and the White House budget proposal earlier this year called for changes to loan programs, especially the PLUS loan program. (PLUS…
Sorry not to have written anything in a while. We had spring break (more on that later) and now it’s the crazy season at my day job (financial advisor). With admission offers out and acceptance deadlines coming, many students jump on the acceptance from their top choice. Often, that’s the right thing to do: it relieves the stress
If your college savings fund is generating negative emotions, you’re in good company: A recent survey by Student Loan Hero found that almost half of parents who are saving for their children’s college feel guilty about not saving enough. The survey also showed some rather worrying data:
My kids are juniors and they will be taking the ACT at school next month. Yesterday while they were filling out the registration forms, my daughter texted me frantically asking what to do about the school codes to send scores to– what should she put in there?
If you’ve been reading this for a while, you probably know I’m a huge fan of College Navigator as an information source. It’s run by the National Center for Education Statistics and has some information that any prospective student should be aware of. Last week I mentioned the loan default rate by school. Another affordability-related topic that prospective students should…