Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
Private student loan
March 27, 2011
6 Things You Need to Know About College Loans
I’ve been getting emails from parents lately who are stressed out because the financial aid packages that they’ve received for their high school seniors are terribly inadequate. On the flip side, I’ve been getting effusive emails from parents who did a great job of matching their kids with the sort of schools that would give them the best aid packages...
July 4, 2010
What is the Best Student Loan? Here's the Answer
What is the best student loan? I got an email this weekend from a dad who was hoping to get the answer to that question. His son needed to borrow for the last year of college. That was an easy question to answer. The best education loan available is the federal Stafford loan. There are two types of Stafford loans: ...
April 30, 2010
Private School Loans: 6 Tips to Pick the Right Loan
If you need a private school loan, here are some final suggestions as I wrap up a week of blogging about college loans: 1. First, read this week’s posts on student and parent loans: 5 Things You Need to Know About Private School Loans College Loans: When Parents Need to Borrow 4 Things You Need to Know About Federal Student...
February 11, 2010
How Much College Loan Debt is Too Much?
The typical student graduates from college with $23,200 in college loan debt. That figure, which comes from a recent study from the Project on Student Debt, only includes student loan debt. The $23,200 tab does not include money that parents borrowed through the federal PLUS loan program, a home equity line of credit or by dipping into retirement accounts. Is...