Friday, June 22, 2012
Bachelor’s degree: Has it lost its edge and its value?
Wednesday, June 6, 2012
College Aid: Where does it go?
Washington spends about $65 billion each year on student aid. This would be a good thing if that aid goes to students; furthering their education and helping them establish a career for the future.
But the question now is where exactly does that student aid go and how is it used?
Friday, June 1, 2012
Tips to Help Pay Off Your Student Loans
A lot have been said about macro and wide-scale measures to help alleviate the growing problem of student debt in the country. But what can you and me – the average American – do to pay off our own individual loans?
Here are a few tips to do just that:
Earn more – and then earn some more
We can’t pay off student debt if we don’t make money. That’s a no-brainer, but you would be surprised at how many people miss out on opportunities to earn extra money. Getting another job is a great way to earn some extra dough, especially if your first (and assumed to be primary) job leaves you with enough free time to take a second part-time job. Then you can turn your hobbies like blogging or graphic design or writing into profitable ventures. All you need is a little creativity to make this possible.
Track your expenses
Another way of tackling the problem is to keep careful watch of where your money goes. That daily latte, pack of cigarettes and/or trip to the department store can whittle away at your cash reserves without you knowing about it. Keeping credit card statements and a logbook of all cash expenses will be great help when you’re reviewing your lifestyle and what you can cut out to save more money.
Consolidate your loans
Keeping track of a dozen student loans is a nightmare that sucks up a lot of time and effort on your part. If you’ve been taking out government loans, then you can enroll in the loan consolidation program to roll them all into one neat package. Even if you took a private loan out for college, you can still explore other repayment options to better manage your student loan debt.
Pay off your debt ASAP
If you get some extra money, put it into paying off your debt instead of buying a new TV or a set of clothes. Remember that each dollar in debt will cost you about four to seven cents each year – and probably more with costly private student loans. The faster you pay off your debt, the less money you waste on mounting interest rates.
Here are a few tips to do just that:
Earn more – and then earn some more
We can’t pay off student debt if we don’t make money. That’s a no-brainer, but you would be surprised at how many people miss out on opportunities to earn extra money. Getting another job is a great way to earn some extra dough, especially if your first (and assumed to be primary) job leaves you with enough free time to take a second part-time job. Then you can turn your hobbies like blogging or graphic design or writing into profitable ventures. All you need is a little creativity to make this possible.
Track your expenses
Another way of tackling the problem is to keep careful watch of where your money goes. That daily latte, pack of cigarettes and/or trip to the department store can whittle away at your cash reserves without you knowing about it. Keeping credit card statements and a logbook of all cash expenses will be great help when you’re reviewing your lifestyle and what you can cut out to save more money.
Consolidate your loans
Keeping track of a dozen student loans is a nightmare that sucks up a lot of time and effort on your part. If you’ve been taking out government loans, then you can enroll in the loan consolidation program to roll them all into one neat package. Even if you took a private loan out for college, you can still explore other repayment options to better manage your student loan debt.
Pay off your debt ASAP
If you get some extra money, put it into paying off your debt instead of buying a new TV or a set of clothes. Remember that each dollar in debt will cost you about four to seven cents each year – and probably more with costly private student loans. The faster you pay off your debt, the less money you waste on mounting interest rates.
Sunday, April 22, 2012
How to Fill Out the FAFSA in 7 Easy Steps
Learn how to fill out the FAFSA in seven easy steps and feel free to use this video as a helpful companion while you work on your FAFSA.
via youtube.com
Tuesday, April 3, 2012
Faces of Change: Dakota's Pell Grant
Pell Grants are only awarded to low- and middle-income undergraduate students who have not earned a bachelor’s or professional degree. For many students, these grants are the foundation of their financial aid package, to which other forms of aid are added.
Unlike student loan, these federal funded grants are free money that do not have to be repaid; making it one of the most preferred ways to get money for college.
via freefafsagov.com
Saturday, March 31, 2012
MCCC Offering Free Help With FAFSA in Norristown
According to a release issued by Montgomery County Community College, the school is hosting a Free Application for Federal Student Aid (FAFSA) Completion Workshop on Wednesday, April 11, at noon and 1 p.m. at the Norristown Resource Center at One Montgomery Plaza in Norristown. The workshop is free to attend.
All college-bound students are invited to receive assistance in completing the FAFSA. Space is limited, so interested students should pre-register at http://www.mc3.edu/admissions/paying
Monday, March 26, 2012
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