The College Solutions Blog

Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.

Student Loans
October 5, 2012

Net Price Calculator Hanky Panky

I’d love to hear from parents who have tried using the net price calculators that nearly every college and university must post on their websites. Have you had good experiences or have the net price calculators tried to trick you into believing that a school is going to be affordable? I’ll mention why I am asking in a minute. First...
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August 26, 2012

When You’re Turned Down for a College Loan

This is the time of year when parents are stressing about paying for their child’s college tab. I’ve been hearing from parents who haven’t been able to borrow enough for college. I thought I’d share one of these emails. A Mom’s Dilemma Here is the mom’s note: I would like to know what to do if you don’t qualify for...
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August 9, 2012

Look Who Is Borrowing the Most for College

The unrelenting cost of college is hitting upper-middle-class families hard. According to a front-page analysis today in The Wall Street Journal, it’s these families who are experiencing the largest rise in college-loan debt. In its analysis, the newspaper categorized upper-middle-income as households with yearly incomes in the 80th to 90th percentiles that range from $94,000 to $205,000. Among families with...
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July 24, 2012

A Great Website Remodel for Families

I’ve been linking my posts to the federal student aid sites for years, but I haven’t done it with any enthusiasm. These websites, which have included information about federal student loans and grants, have been disjointed and borderline unhelpful. The websites reeked of bureaucratic jargon and didn’t provide any context for federal aid programs. I felt sorry for the parents...
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0
July 24, 2012

A Great Website Remodel for Families

I’ve been linking my posts to the federal student aid sites for years, but I haven’t done it with any enthusiasm. These websites, which have included information about federal student loans and grants, have been disjointed and borderline unhelpful. The websites reeked of bureaucratic jargon and didn’t provide any context for federal aid programs. I felt sorry for the parents...
Read More
0
July 10, 2012

What Advice Would You Give This Mom?

Today I’m sharing an email from a mom from New Mexico, who is understandably stressed about the college bill she is gearing up to face for the third of her four children. I’ve got my own thoughts, but I’d love to hear what advice you might give this family. A Mom’s Question Here is the mother’s note: Do colleges take...
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May 18, 2012

15 Ways to Cut the Cost of Borrowing

How can reduce your dependence on college loans? About this time last year, Mark Kantrowitz, the publisher of FinAid and FastWeb, sent me some suggestions on how families can reduce their dependence on college loans. I am running the suggestions again along with links to some of my college blog posts that I’ve written on the same topics. Here are...
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0
May 14, 2012

Stunning: How Many Are Borrowing for College

One aspect of the top story that appeared in yesterday’s New York Times shocked me. The number of students who borrow for college is much higher than I thought. I’ve routinely seen estimates that two-thirds of students take out loans for college. The New York Times, however, conducted an analysis that concluded that 94% of students who earn a bachelor’s...
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6
May 14, 2012

Stunning: How Many Are Borrowing for College

One aspect of the top story that appeared in yesterday’s New York Times shocked me. The number of students who borrow for college is much higher than I thought. I’ve routinely seen estimates that two-thirds of students take out loans for college. The New York Times, however, conducted an analysis that concluded that 94% of students who earn a bachelor’s...
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6
May 1, 2012

Agonizing Before the Buzzer Rings

The time for agonizing is over. It’s college decision day which means the parents of high school seniors have little time left before they must put down their college deposits. As the deadline loomed, I heard from families, who were stressed about their decisions and, in some cases, how they were going to pay the tab. I thought I’d share...
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