Sallie Mae is the largest U.S. student loan group.
Sallie Mae recently announced its first foreign venture…
a loan program targeting British post-graduate students.Just as in America, higher education costs are hammering
other developed nations and forcing a reassessment of
who pays, how and how much.
A “Free” university education (meaning one paid for by taxpayers)
and not students or their […]
Archive for May, 2007
Higher Education Costs are hammering families everywhere
Wednesday, May 30th, 2007Posted in Student Loans, Scholarships | No Comments »
Student Loans - Easy Money!
Wednesday, May 23rd, 2007Today a check came in the mail… $5,338.00.
The check came in my daughters name.
She’ll be a senior at St John’s University this year in September.
But, she needs to go to summer school.
She will be taking 2 classes.
- Spanish Level II - 3.0 credits
- Public Speaking Col - 3.0 credits ………
for a total of 6.0 credits.
Language […]
Posted in Student Loans | No Comments »
Student Loans for College - FAQ’s
Monday, May 21st, 2007Q: I’ve borrowed all I can through these programs but it’s still not enough money.
Tuition and Fees are expensive. What can I do now?
A: Here’s where you have to get creative.
One option is for your parents to borrow money for you through a
Parent PLUS loan - another government program.
Parents can borrow up to the full […]
Posted in Student Loans | No Comments »
College and the MasterMind Group
Sunday, May 20th, 2007For those of you not familiar how MasterMind groups work,
you’re locked up with other professionals in a little room
with 2 tables facing each other.
Each person takes a turn discussing what they are doing,
and afterwards everyone starts to critique your plans until
you have a clear perspective of what you need to do to build
a stronger business.
It […]
Posted in Financial Aid | No Comments »
Federal Loans for Collge
Saturday, May 19th, 2007What kind of federal loans are available for college?
The chief federal loan program is the Stafford loan.
A Stafford loan is a federal loan program that allows students
to borrow to pay for college.
Loans are made by either a private lender or directly from the
federal government. For students with high financial need,
the government pays interest on at […]
Posted in Student Loans, Financial Aid | No Comments »
College Loans - Where do I start?
Saturday, May 19th, 2007Most students will end up - Borrowing Money for college.
Question: Where should I start looking for a loan first?
Answer: Uncle Sam.
The federal government helps students borrow through direct loans,
by subsidizing interest payments, and by encouraging private lenders
to lend to students.
Which of these programs you qualify for depends on your school and
level of need. In virtually […]
Posted in Student Loans, Financial Aid | No Comments »
Graduating from high school - Paying for college
Wednesday, May 16th, 2007Millions of seniors graduating from high school
will start turning their attention over the next few weeks
to paying for college.
Scholarships and grants (which don’t have to be paid back)
are the best options. But not everyone has the academic record
to win scholarships and merit aid.
About two-thirds of four-year college students who graduate
are typically about $20,000 in debt […]
Posted in Financial Aid, Scholarships, Grants | No Comments »
Colleges and Lenders MUST abide by new Codes of Conduct
Friday, May 11th, 2007The U.S. House Wednesday 5/9/2007 overwhelmingly passed a bill
that cracks down on conflicts of interest in the $85 Billion
student loan market.
Adopted by a 414-3 vote, the bill would require colleges and lenders
to abide by new codes of conduct…
- ban gifts from lenders to college aid officers
- require disclosure of college-lender relationships
- protect students from aggressive […]
Posted in Student Loans, Financial Aid | No Comments »
The Higher Cost of Higher Education
Sunday, May 6th, 2007I just received the bill for my daughter’s enrollment
in summer school at St John’s University this year.
She will be taking 2 classes.
- Spanish Level II - 3.0 credits
- Public Speaking Col - 3.0 credits ………
for a total of 6.0 credits.
Guess how much it cost?
Language Lab Fee………… $25.00
Tuition: St Johns College……$5,238.00
University General Fee………$50.00.
Now, I may […]
Posted in Student Loan Debt Consolidation, Student Loans, Financial Aid | No Comments »
