While Junior’s busy writing a captivating college admissions essay and filling out stacks of applications, Mom and Dad bite their fingernails, wondering how they’re going to pay for it.
Paying for college can be a complicated and intimidating journey, but with some helpful advice and plenty of resources, it’s not so bad.
How much will it cost?
When [...]

Maryland students and families are getting hit with one of the largest interest rate hikes on student loans ever. Families across the country are pinching pennies so they can afford to send their children to college. They are willing to sacrifice a lot for a college education, but it is getting harder and harder as [...]

College students with multiple government-backed loans may want to consider consolidating them before interest rates go up July 1, says Indiana State University’s director of student financial aid.
“I think there’s a good potential for savings right now,” said Tom Ratliff, ISU financial aid director.
Current interest rates “are very attractive,” he said.
Students will have to act [...]

College costs keep spiraling upward, and now the cost of borrowing to pay for higher education is about to spike, too.
Students and their parents have taken comfort in a half-decade of ultra-cheap college loans, loading up on debt to cover the bills. About 8 million people borrowed $60 billion this year in education loans issued [...]

As college costs spiral upward, the cost of borrowing to pay for higher education is about to spike, too.
Students and their parents have benefited from a half-decade of ultra-cheap college loans, loading up on debt to cover their bills. About 8 million people borrowed a total $60 billion this year in education loans issued or [...]

In a long anticipated move, Congress has voted to abolish the Federal Student Loan Consolidation Single Lender Rule. Prior to this week, borrowers that had all their student loans with one lender were forced, by law, to consolidate with that lender - or with no one at all. This anti-competitive environment has cost student loan [...]

Got a pile of student loans to pay off?
Borrowers with the common Stafford and Plus student loans are likely to see their interest rates jump by about 2 percentage points at the end of May, adding thousands to the cost of repaying a typical loan.
So put July 1 on your calendar. That’s the deadline for [...]

A year ago, students and parents who borrowed to cover college costs rushed to lock in the lowest interest rates in four decades.
Now those who haven’t consolidated their loans under the federal student-loan program are being urged to do so before July 1.
The reason: The deficit-reduction bill that President Bush signed earlier this year cuts [...]