Archive | 2011

More college graduates living with parents due to a lack of jobs

November 17, 2011

As the economy continues to struggle to recover, many students are finding that their post-college dreams are simply unobtainable - at least at the moment. With education loan debt and no one willing to hire them, The Wall Street Journal reports that many graduates are forced to move back home with their parents after earning their degrees.
The latest U.S. Census data shows that approximately 5.9 million Americans between the age of 25 and 34 live with their parents.…

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CFPB asking private loan borrowers to provide feedback on their experiences

November 17, 2011

It's not uncommon for individuals to take out both federal and private loans in order to attend the college of their dreams. However, doing so can result in debt, much of which can continue to grow as interest rates rise over time.
In an effort to crack down on private lenders who may be attempting to take advantage of borrowers, the government is now looking to collect information to form a report on the issue that will eventually be sent to Congress.…

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The Pell Grant: What is it and how can I get it?

November 17, 2011

There are a number of college grants and scholarships out there that you can apply for, and doing so can help you reduce your cost of tuition as you earn a degree. One of the most popular types of grants is the Pell Grant, which is provided through the federal government. But what exactly is the Pell Grant program?
The U.S.…

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Staying on track and avoiding stress through the college process

November 17, 2011

Although attending college is known to be a relatively fun experience, it is a daunting task to earn a degree. Not only are college classes more demanding than high school courses, but there are a number of other things you need to worry about before attending as well, including tuition costs, textbooks and housing.
One way to relieve yourself of the financial burden of tuition and other fees is to apply for scholarships and college grants.…

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Researching free financial options to support college

November 16, 2011

Not everyone has parents who set up a savings fund for them to use during college. That being said, it can be incredibly difficult to attend the college of your dreams and earn a degree if you're strapped for cash. Sluggish economic conditions have also provoked colleges to raise the cost of tuition for students, making it even harder to graduate from a postsecondary institution.…

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Getting into good spending habits while you’re in college

November 16, 2011

As a teenager, you may have spent your paycheck from your part-time job on leisurely activities, but these habits will have to change once you get to college. Although earning a degree and living away from your parents is meant to be an enjoyable experience, it can have a significant impact on your finances, especially if you keep living a carefree lifestyle.…

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Choosing a college that meets your personal and financial needs

November 16, 2011

Once it comes time to start looking for colleges, you may get excited at the prospect of your high school career coming to an end. However, there is more to earning a degree than attending a postsecondary institution. In order to find the school for you, there are a number of factors you need to consider to make sure you're making right choice.…

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Using your free time to work and save up money for college fees

November 16, 2011

Once you've been accepted to the school of your dreams, you'll quickly find that the grass is not necessarily greener on the other side. As colleges continue to raise the price of tuition, more students are finding it difficult to pay for the various fees and expenses.
Many people turn to part-time jobs as a way to get by, but this may not be an option for you if you have a busy class schedule.…

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Understanding what scholarship sponsors are looking for in applicants

November 15, 2011

Applying for college grants and scholarships can be nerve-wracking, especially if you depend on financial aid in order to attend the school of your dreams. However, you can ease your concerns by gaining a grasp on exactly what scholarship sponsors are looking for when they go through applications.
First, your academic achievements will likely be a large factor when it comes to deciding whether or not you deserve the cash prize, according to ScholarshipHelp.org.…

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Preparing for the tough scholarship interview questions

November 15, 2011

You may not be able to predict all the questions you'll receive when applying for college grants or scholarships. However, that doesn't mean that there aren't ways that you can prepare for the application process. ScholarshipHelp.org says there are a few key points you can focus on to nab that cash prize.
First, ask yourself what your strengths and weaknesses are as a student.…

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