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]
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Tag: paying for college
Paying for College: An avalanche is coming
In life, it is possible to know that huge changes are coming without knowing when they will come or what they will be. These metaphorical storms or avalanches are out there; will they blow off? Will they hit when no one is around or when hundreds of skiers are on the slopes? It’s clear that… [Read More]
Paying for college: Resales and the cost of textbooks
The cost of textbooks is an ongoing issue for college students. They cost two tons of money, and why? The textbook companies often blame the used book market. The argument is that the first sale of the book has to come at a high price in order to ensure a fair price for the value… [Read More]
Paying for College: Net prices and sticker prices
I had yet another conversation with someone who bemoaned the fact that college costs $50,000. College does not cost $50,000. At least not for most people. If your family has a high income and your child is going to one of about 20 or 30 very expensive colleges, then yes, college costs more than $50,000…. [Read More]
Women’s Money Week 2013: Using online education to learn new skills and increase income
Thrift has its limits. It can help you have a richer, less-stressful life by making your money go further, but you still have to have enough money to pay your rent and buy your groceries. If you income isn’t going far enough, you may need to look for ways to make more money.