Update: Student Loans and the Coronavirus Aid, Relief, and Economic Security (CARES) Act
The U.S. Department of Education has announced a final extension for borrowers with federal student loans through Jan. 31, 2022. The original coronavirus relief bill, known as the CARES Act, was signed into law in March of 2020. It suspended loan payments, set interest rates at 0%, and stopped collections on defaulted student loans. The […]
College During COVID
This article was originally posted on Kiplinger At Kiplinger, the name of the game is value. For more than 20 years, our annual college rankings have been no exception. Over the years, we analyzed data on hundreds of public and private colleges and universities across the nation seeking institutions that deliver a high-quality education at an affordable […]
What Parents Should Know about PLUS Loans
A growing number of families who are faced with high college prices are turning to federal PLUS loans to cover the cost of a bachelor’s degree. At the same time, they are also struggling to repay this debt. Given that most of the attention on college borrowing focuses on student loans, which represents the vast […]
Happy National Scholarship Month!
Happy National Scholarship Month! The National Scholarship Providers Association (NSPA) has chosen the month of November to be a time to raise awareness about scholarship opportunities for current and future college students. Scholarships play a vital role in making college more affordable, reducing student loan debt, and expanding access to higher education. Here are some key facts […]
5 Tips to Prepare for the First Year in College
Making the Transition to College Life Moving from high school to college is usually a big transition for students, but the challenges posed by the coronavirus pandemic have resulted in colleges changing practically everything, especially the way they offer instruction. Most are either offering classes fully online or using a hybrid model. For the incoming […]
7 Things to Know about Choosing a College Major
Choosing a college major can be difficult. Some students have known what they wanted to be since they were young children and others truly have no idea. The U.S. Department of Education reports that approximately 30% of students switch majors at least once. More strikingly, a survey by BestColleges and YouGov found that 61% of college […]
Changes to the FAFSA – What this Means for Middle and High-Income Families
On December 21, in a massive effort to prevent a government shutdown and provide pandemic relief, Congress introduced a funding bill named the Consolidated Appropriations Act (CAA), 2021. The new legislation contains provisions that expand those provided by the Coronavirus Aid, Relief, and Economic Security (CARES Act), as well as important policy changes to higher […]
7 Tips for Long-Term Investing
This article was originally posted on Forbes Investing is a long game. Whether you want to invest for retirement or grow your savings, it’s best when you put money to work in markets and set it and forget it. But successful long-term investing isn’t as simple as just throwing money at the stock market—here are […]