The cost of attending college continues to become more expensive every year. A College Board survey found that tuition at a public four-year college rose $6,870 over a 30-year period. For a private nonprofit school, tuition rates have risen $18,820 over a 30-year period.
As a result, most students have to rely on financial aid to pay for college which is self-evident, given the rise in student loan debt. According to the Federal Reserve, student loan debt reached an all-time high of $1.46 trillion at the end of 2018. And student loan debt has more than doubled over the past 10 years.
That’s why students who are preparing to go to college need to figure out their financial aid situation early. Researching your options and planning ahead could save you from getting strapped with unnecessary student loan debt after graduation.
The following steps will outline how you can get started and where to prioritize your financial aid search. Read More
Congratulations! You have been admitted to a college or colleges and now you have decided on the college you will attend in the fall. Although you have made your final selection and paid your tuition deposit, there are still some things to do before heading off to college in the fall. Read More