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Your financial path to college graduation

 The Consumer Financial Protection Bureau (CFPB) offers lots of help for college students. https://www.consumerfinance.gov/paying-for-college/ Check out:  “Your financial path to graduation” https://www.consumerfinance.gov/paying-for-college/your-financial-path-to-graduation/?utm_source=newsletter&utm_medium=email&utm_campaign=gradpath&houx=826&fdx=340&clhx=87&trnx=324&hltx=121&entx=94&retx=22&taxx=-6&othx=385 This tool can help you: Understand your financial aid offer Plan to cover the remaining costs Estimate how much you’ll owe and if you can afford that debt Compare offers from different schools…

College Rankings

“Among the most prominent sources for finding college rankings is the U.S. News and World Report, which offers expanded profiles for nearly 1,800 schools in America and ranks schools or programs according to different criteria. As a magazine for finding reliable business and finance information, Forbes also composes a list of “America’s Top Colleges” at…

How much of your college scholarship is taxable?

Wait! What? My scholarship money is taxable?Many students have no idea that their scholarships might be taxable.Due to the coronavirus the income tax deadline has been extended to July 15, 2020.Payments and interest on federal student loans for 6 months of relief…. So, about those scholarships and possible taxation.Any aid used for living, travel and…

College Debt Resources

About 45 million Americans owe more than $1.6 trillion in student loan debts. Let those numbers sink in a moment…And there are plenty of too-good-to-be-true offers to help out.Where can you go for reliable help? Federal ResourcesOffice of Federal Student Aid (for federal student loans) https://studentaid.gov/provides free info on managing loans and programs like the…

Colleges mislead high school student into applying

Numerous reports are coming out with reports that many colleges and universities are recruiting applicants who have no chance of being accepted to their institution. The goal of the colleges is to reduce their acceptance rate, making them appear to be more selective. This process hurts students who may pay substantial application fees to institutions…

Is your college student using federal student loans to finance spring break?

The Squared Away Blog reports: New Use for College Loans: Spring Break! “Yup, more than half of college students are using some of their student loan money to pay for spring break.” See: http://squaredawayblog.bc.edu/squared-away/new-use-for-college-loans-spring-break/Even if college students are paying their own way (with earned income) for fancy week-long get-aways… should they be using funds in…

Don’t be put off by high sticker price of private colleges

“Phillip Levine is breaking down a barrier: the well-founded fear among low-income and even middle-class families that an elite liberal arts college is out of the question.” Levine, a professor at Welleseley College, “designed a calculator to estimate how much an individual applicant will actually pay, after plugging in his or her family’s unique financial…

How to Pay for College

Despite presidential campaign rhetoric, it is extremely unlikely that college tuition will be free in the U.S. any time soon (or even in distant future). Remember how much Americans HATE to pay taxes? Taxes are what support our public institutions of higher education. When students complain about minor tuition increases at Utah State (one of…