Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
June 30, 2017
Here is the Best College Loan
As recently as the early 1990s, most students did not take out college loans. Today roughly two out of every three students borrow to pay for college due to the runaway cost of college. The typical student borrower is now leaving school with debt of roughly $37,000. Just the outstanding federal college loan debt now exceeds credit-card debt. Keep this...
October 28, 2011
How to Avoid a Student Loan Disaster
Most of the teenagers who visit my college blog aren’t thinking yet about how they are going to come up with the cash to pay off any future student loans. High school students and their parents are more focused on getting into good schools. I don’t blame them, but payback time is inevitable. And that’s when it’s going to get...
December 5, 2010
Should You Attend Your Dream College?
This is the time of year when high school seniors and their parents begin reciting this age-old advice: Follow your dreams. Families tend to use this advice to justify their children attending expensive dream colleges even if these schools will require taking on crushing student debt. I am a huge advocate of families researching schools before hand to see if...
March 18, 2010
Federal Student Loan Reform: Biggest in a Generation
Congress is on the verge of enacting the biggest federal student loan reform in a generation. I’ve been following the high-stakes fight on Capitol Hill between the student lending giants and the Obama administration for some time, but I didn’t feel compelled to share the news until the legislation looked like a sure thing. The Democrats have tucked the federal...