Remember when you used to stand over the crib to make sure your infant was still breathing? Well, now that little bundle of baby has grown up. Not only have you managed to keep your child alive and breathing for 18 years, you’ve managed to shepherd him or her through high school.
Time to relax. Your work is done.
Who are we kidding? To steal a tagline from one of our favorite blogs: parenting never ends.
How much is too much when it comes to student loans?
That can be a hard question to answer, especially when you’ve never dealt with student loans before. Generally, keeping loan payments under 15% of your expected post-graduation salary is preferred, while going any higher than 36% can be risky. (To calculate these numbers for your school and major, use our free NitroScore tool.)
"I applied to four different colleges: the University of South Alabama, the University of Alabama, Spring Hill College, and Troy University," says Jennifer Dunn, winner of the second $5,000 Nitro Scholarship. "My mom and dad had both gone to South. That's why I always wanted to go there, but my mom did help me by encouraging me to go wherever I wanted to go."