Posts Tagged Loans
Increases to College Financial Aid Coming – Will They Harm Or Help?
President Obama in his recently proposed budget is asking for substantial increases to college financial aid. This is not a surprise. There has been a lot of news coverage over the past several months about how student loans are harder to come by, how many loan companies have locked their doors, and how colleges endowments have taken a hit.
While the news coverage painted a picture of fund availability that was far more gloomy than reality; an increase in federal funds was virtually inevitable. Only social security is probably a greater hot button issue than helping students pay for college. So how will these changes affect students on the way to college and those already there? The answer is two-fold…
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Increases to College Financial Aid Coming – Will They Harm Or Help?
President Obama in his recently proposed budget is asking for substantial increases to college financial aid. This is not a surprise. There has been a lot of news coverage over the past several months about how student loans are harder to come by, how many loan companies have locked their doors, and how colleges endowments have taken a hit.
While the news coverage painted a picture of fund availability that was far more gloomy than reality; an increase in federal funds was virtually inevitable. Only social security is probably a greater hot button issue than helping students pay for college. So how will these changes affect students on the way to college and those already there? The answer is two-fold…
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Online Graduate Degrees
If you’ve considered post-undergraduate education, chances are you’ve already survived 4-6 years at a local university or online educational organization. You probably already know education is costly, time consuming and often stressful. Most individuals rack up a good 50,000 to 80,000 dollars in student loans in pursuit of their undergraduate degree. When education comes to a halt upon graduating, lending companies allocate a grace period for recent graduates before repayment obligations ensue. At this point, the interest payments on student loan debt obligations can range from 200-400.00 per month. Graduates find it almost necessary to pursue a career based position with a good salary in order to keep up with the interest payments on student debt.
Online Graduate Degrees Fit Personalized Schedules
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