Spring Cleaning your Spending: Save on Groceries

If you have a teenager, you’ve probably noticed that your refrigerator is more money-pit than food storage space. Groceries can disappear almost as fast as you bring them in–which is why it is so important to your budget that you save as much at the store cash register as you can.
Plan Ahead

Do you see dollar [...]

Spring Cleaning your Spending: Trim Your Fixed Bills

Last post I wrote about how to save on the little luxuries you choose to buy every month. In the second part of the trilogy on reducing everyday spending, I want to look at your fixed costs–things that you routinely pay for every month when the bill comes due. Obviously your electric bill or car [...]

How to Get Step-By-Step FAFSA Help for Free

It’s a brand new year, and that means it’s time for a brand new financial aid application–the Free Application for Federal Financial Aid (more commonly known as the FAFSA) is online and ready for you to fill out. Remember, every family should submit a FAFSA (see below). And this year, I can offer you some [...]

FAFSA Time is (Almost) Here Again

It’s time to prepare for financial aid season because the online Free Application for Federal Financial Aid (FAFSA) becomes available to fill out on January 1st.  Due to the fact that many colleges award federal and school-specific aid on a first-come, first-served basis, you’ll want to be prepared ahead of time so you can get [...]

The Salary Lowdown: 2010 Grads Expected to Earn Much Less

Since the job market first took the plunge, new college graduates–and even new college freshmen–have worried about the effect it will have on their future careers. Last year, with the floundering economy and the job market growing fiercely competitive, many students became more concerned about finding a job than about what a job would pay.
As with [...]

Dartmouth’s Free-for-All Tuition Plan Scrapped

The elite private universities have often been forerunners when it comes to offering generous financial aid packages. In fact, back in 2007 over a dozen schools–including Dartmouth, Amherst, and Harvard–committed to fully-funded (loan free) tuition packages for students under certain income levels.
Many of these schools have reportedly doubled (or even tripled) their financial aid offerings over the [...]

Private Colleges Make Big Cuts in Unexpected Places

It’s no secret that private colleges are feeling the pinch this year, and with financial aid and student services serving as important recruitment and retaining tools for their attendees (and a source of income), many schools are having to make tough decisions.
Snip, Snip
Wondering where all your college tuition payments go?
A new survey released by Yaffe [...]

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 [...]