Student Loan and Financial Aid Information Financial Aid and Scholarship News Inside Higher Ed - News on Student Loans and Financial AidStudent Loan Watcher @ June 27, 2007 # No Comment Yet
There are plenty of jobs out there that offer some kind of forgiveness for loans based on public service. Here is a short list of how to qualify for teacher incentives.
Low-Income Schools
The Higher Education Reconciliation Act of 2005 (HERA), signed into law by President Bush in February 2006, removed deadlines for loan forgiveness available to [...]
Student Loan Watcher @ June 26, 2007 # No Comment Yet
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Q. How many years back do colleges go when looking at a family’s income in order to determine financial aid eligibility?
A. The year your high school student transitions from being a junior to a senior is called your base year. The base year is of most interest to the colleges when determining financial aid [...]
Student Loan Watcher @ June 25, 2007 # No Comment Yet
Anyone who has been reading about the student loan industry lately would be led to believe that they are pure evil. They give innocent kids money, send them off to college, then ruin the rest of their lives. Only problem with that argument is, why is college so much more expensive today then [...]
Student Loan Watcher @ June 21, 2007 # No Comment Yet
The “Opportunity Maine” bill’s overwhelming House approval put
it a step away from enactment by the Senate, which supported it
in earlier votes. The bill authorizes tax credits to reimburse educational loan
payments for any Maine resident who earns associate’s or
bachelor’s degrees in Maine, and then lives, works and pays
taxes in the state afterwards.
Tax credits would have [...]
Student Loan Watcher @ June 20, 2007 # No Comment Yet
College is not cheap and it is not easy. The more good information you have from people who know, the better. Gail Buckner of FOX news has some really good simple tips to get you going. Here they are:
Read — But Don’t Believe — the Fine Print
The first thing parents need to [...]
Student Loan Watcher @ June 19, 2007 # No Comment Yet
Question - How many schools should a student apply to?
Answer - There’s quite a variety of opinions regarding this question. Don Betterton from Princeton University often advises the “3-5-2″ approach. We’ve adopted this approach at Get College Funding: Three reach schools (sometimes called dream or stretch schools), 5 “strike-zone” schools (likely to be admitted) and [...]
Student Loan Watcher @ June 18, 2007 # No Comment Yet
Every student and every parent wants the same thing. Chances are pretty good that it is the same thing lenders want as well. A well educated consumer who knows exactly what to expect after graduation is a good thing for student loan companies. What it means is, they were focused, worked hard, [...]
Financial Aide @ June 14, 2007 # No Comment Yet
Today the Chicago Sun Times featured an article about Bankruptcy laws surrounding Private Student Loans. The main focus of the article was that Private Student Loans should have never been exempt from bankruptcy when they were deemed exempt back in 2005. The article also features student loan horror stories and student loan sob [...]
Student Loan Watcher @ June 14, 2007 # No Comment Yet
There has been a recent spike in bad press for the student loan industry. The front pages of most newspapers have a daily article about how bad the industry is. For every one bad article about the perceived crisis, there is rarely an article that tells the other side of the story.Â
Business [...]
Student Loan Watcher @ June 13, 2007 # No Comment Yet
Lately there seems to be a lot of opinion pieces on how to fix the student loan crisis that is going on in public and private colleges throughout the country. The finger seems to be pointed at one of three institutions when it comes to laying blame.Â
The first obvious group to blame is [...]