John Warner is a writer and an adjunct writing instructor at College of Charleston. He used to live in Chicago, and we hung out in the same circles back then. He’s smart and funny. John has a regular column on Inside Higher Ed about life as an adjunct. Last week, he wrote two open letters, one… [Read More]
Blog
Category: College Admissions and Costs
Paying for college: Beanie Babies, hobbies, and investments
In financial terms, an investment is something that increases in value because it generates streams of money from dividends, interest, or rent. A store of value is something that, over the long term, is expected to increase at the rate of inflation but no more. Examples would be land and commodities or land. The problem occurs… [Read More]
Paying for College: Loan Repayment Programs
Student debt is a big problem. We all know that. But it does not have to be an impossible problem. A number of programs can ease the loan burden through repayment or forgiveness. Many are specific to certain careers, so you’ll need to think about participation before graduation. If you are on the fence about… [Read More]
Paying for College: UPromise
A painless way to accumulate money for college is UPromise. It’s a shopping referral program run by Sallie Mae that gives you rebates on things you buy from participating companies. All you have to do is remember to click on the link on the UPromise site. You can put the rebate money into a 529… [Read More]
Paying for College: Income-based loan repayment
The big buzzword in college loans these days is income-based loan repayment, which takes a few different forms. The first is the current income-based repayment method allowed for federal student loans, which kicks in under hardship: if a student has a very high level of debt relative to income, then he or she may be… [Read More]