Have you filled out your FAFSA yet? If not, now is the time to do it! Not only can it potentially help your child get grants (the “free” money you don’t have to pay back), it is also your family’s only gateway to federal student loans, which are far and away the best type of [...]

It seems that, for many families, student loans have almost become a necessity when it comes to paying for college, but many parents and students are unaware of the huge responsibility involved in borrowing these loans.
Did You Know?
Colleges make it extremely easy for students to take out a student loan in this day in age. [...]

We’ve been following the student loan bill–which would change federal student lending forever–for months now, and I wanted to give you a quick update as to where it stands today.
Senate Stall
Though the bill was being discussed in the House of Representatives months ago, and finally approved their version in September, it seems that the Senate [...]

If you thought your college student was too new to the “adult world” to be the target of a scam, recent news reports may convince you otherwise. They may not have credit to steal, but–like many credit card companies–scammers are targeting teens and college students and counting on their naivety.
New and Improved Scams
We’ve seen several [...]

You’ve probably experienced sticker shock if you’ve ever taken a peek at the cost of a for-profit college. (These are the schools you see advertised on television that are typically focused on teaching students a single trade or career path.)
If you’ve researched the post-graduate debt for these schools, you were probably even more aghast. [...]

I was shocked and upset when I read November’s reports that student debt was outstripping potential post-graduate income–and I am even more stunned that this kind of borrowing is becoming even more commonplace.
Luckily for these students, the new loan repayment plan under 2007’s College Cost Reduction and Access Act finally went into effect July 1st–and [...]

President Obama’s plan to overhaul the way the government offers and services student loans has shaken up many private lenders, and 32 of them came together to offer him an alternative.
Hurting the Big Guys
The lender group, which includes national student lending powerhouse Sallie Mae, hoped the Obama administration would reconsider their plan to move [...]

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 [...]

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. [...]

This month’s issue of Forbes has an article for those of you who are (or will soon be) college parents–it’s called The Great College Hoax, and it explores the perils of skimping on your college preparation.
The Million Dollar Myth
It seems that we are frequently hearing from various experts that there is this elusive $1 million [...]