Tag: Student Loans

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Delicious Student Loan Relief

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While Mom always warns us not to eat too much fast food, Burger King’s recent offer may change her mind. Given the historically record setting $1.5 Trillion total student loan debt, Burger King is offering 301 of the 44 million Americans with student debt some relief–up to $100,000 for one lucky person and $500 each …

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Does a Free Lunch Exist?

Here’s how to borrow $127,000 in student loans, only repay $87,000 over twenty years, and have the U.S. Government pick up the tab for the $450,000 still owed at the end of the repayment period.  [Notice the quadrupling effect on the total balance owed because of the interest that accrues in the two decade long repayment period? …

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Living with Mom & Dad?

Is the trend shown in the chart below, caused by the increase in student loans, as seen in the following chart? Charts Courtesy: Goldman Sachs Global Investment Research & Zero Hedge, October 26, 2014 Related PostsUnlocking the University of California Application Essay Prompt #2 Comparing College Costs Ahead of the Curve: All About Financing A College Education

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Why Winning Free Money Takes Effort

Scholarships are not mysterious.  Winning them takes work – which is only a continuation of the efforts to be eligible to compete for scholarships in the first place.   Related PostsJust Because You Can, Does That Mean You Should? UC Berkeley Adds Letters of Recommendation for Fall 2016 Freshman Admissions Gotta Read ‘Em All

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College Costs: Myth vs. Reality

A tongue-in-cheek look at rising college costs, yet gives another incentive for college bound teens to think thoroughly about their college choices. Related PostsGuest Post: SAT: Stressful Anxiety Time Welcome to the New Adulthood “OMG! I Have to Write a Common App Supplement Essay, Too?!? How?”

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Is College Financial Aid Really Aid?

The difference between the value of college, indicated by price and intrinsic worth, and what a family feels they can afford to pay creates the need for financial aid.  But, college bound buyer beware: NOT ALL FINANCIAL AID AWARDED BY THE UNIVERSITY IS ACTUALLY AID.  Related PostsCollege Tuition: Is a Private University Always More Expensive than …