FAFSA is a term any college student or graduate is very familiar with. FAFSA stands for Free Application for Federal Student Aid. It is the first step in getting the process started for financial assistance. Everyone is encouraged to fill out this form regardless of your financial situation. The reason is you may qualify for [...]
Monthly Archives: April 2012
Paying For College
The US Census Bureau stated that a college graduate will make 1.2 million more in a lifetime than a high school graduate. Research also has proved that college graduates are half as likely to be unemployed. With the current unemployment rate that is a nice incentive to go to college. So we understand that a [...]
Private Loans
As many of you have seen lately the press has been covering the “student loan debt crisis”. Student loan debt has passed $1 trillion, which is more than the nation’s credit card debt. Millions of current and graduated students are faced with mounting student loan debt, yet due to the economy are unable to make [...]
Are Student Loans The Next Debt Crisis?
Bankruptcy lawyers are warning that student debt could trigger an economic mess on par with the mortgage crisis. “Americans now owe more on student loans than on credit cards,” says a study released by the National Association of Consumer Bankruptcy Attorneys this month. “Total outstanding loans exceeded $1 trillion for the first time last year.” [...]
