Cost Cutter: Textbooks You Can Rent!

Textbook prices have been increasing at twice the rate of inflation for the past 20 years, and while publishers have profited, students and their families are feeling quite a pinch. That’s why I was intrigued when I came across Book Renter (www.bookrenter.com), a website that allows students to rent their textbooks instead of buying them!
How [...]

Harvard Alums Fund Current Students Through New Website

It looks like Harvard is at it again. First the university began offering financial aid to families making up to $180,000–and full-rides for those with family incomes of less $60,000! Now a few very recent Harvard alums have teamed up to make no-interest loans a reality for Harvard attendees.
Paying it Forward
When the founders of UniThrive.org [...]

3 Things Your Student Should Know About Loans

With financial strain hitting families from coast to coast, it is no wonder that more students are turning to student loans to help cover the cost of college, but does your child know all that a loan entails?
Here are a few things your student should understand about student loans before he or she starts borrowing.
1. [...]

State Budget Cuts Take a Shot at Financial Aid

Budget cuts are the name of the game for most states this year, but some of them are coping with their multi-billion dollar shortfalls by shifting funds away from student financial aid.
Taking from the Poor
Budget plans from New Jersey to California are focusing on funneling financial aid reserves back into the general budget–reducing and sometimes [...]

New Battle for Work-Study Spots

Students may find it tougher to get a job on campus this Fall. According to the New York Times, the employment crunch has finally spread to student positions on college campuses–and that means bigger competition for work-study jobs.
What is Work-Study?
If you have a child attending or preparing to attend college, you have no doubt checked [...]

Recession Halts “Need-Blind” Admissions Practices

Once upon a time a straight-A, former ASB president who needed a high amount of scholarship money might have been admitted over a B-average student with a plentiful college fund; but the current recession has, for some colleges, meant choosing money over student-desirability.
Fair Weather Friends
Before the economy began to slump, many colleges tried to admit [...]

Career v. Debt: Exploring a “Major” Decision

As of 2005, nearly 80% of college students entered school with an “undecided” major, according to the founder of MyMajors.com, and the problem hasn’t gone unnoticed. Colleges across the country have published web articles about choosing a major, and if you type “undecided college major” into Google, you’ll come up 654,000 responses. Yikes!
So, is it [...]

New Website Says “Bill My Parents!”

With summer upon us–and those last months of preparing college-bound students ticking away–many parents are thinking long and hard about how to begin teaching their children how to cover their own expenses.
Last month I shared my thoughts about whether or not parents should be footing the bills for their college-graduate children, but what about students [...]