Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
private student loans
April 26, 2012
Why Private Student Loans Are Scary
On my college blog this week, I’ve been focusing on what you need to know about borrowing for college. If you missed them, my previous two posts shared advice on federal student and parent loans: What You Need to Know About Borrowing for College How Parents Can Borrow for College Today I’m exploring private college loans. Before turning to private...
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...
September 22, 2009
Kicking Private Student Loan Lenders to the Curb
Tell me if this makes sense: When private lenders got into the federal student loan business years ago, the federal government guaranteed that it would step in when student borrowers defaulted on their federal loans. The government (us taxpayers) also gave the student loan lenders a fat subsidy to participate in this virtually risk-free business. You have no idea how...