Nitro Knowledge. Your Guide to Paying for College.
Need some help paying for college? You're far from alone. Most families find that the estimated family contribution calculation is much higher than they can actually afford. It also doesn't help that college costs are higher than ever, increasing by 37% between 2008 and 2018.
So what can you do to get your education without taking on needless debt? Plenty.
It's not news that college is expensive. Between tuition and fees, plus room and board if you're living on campus, and one semester can cost you several grand. Worse, many students and their families make missteps that either cost them more or leave money on the table that could help reduce your student loan debt.
Here's what you need to know to not be one of those people.
Parent student loans are a great way to help your child cover the cost of higher education. PLUS loans, a type of loan for parent borrowers offered by the federal government, are typically a pretty good deal. However ... they are far from the best deal available.
With any major financial decision, doing some comparison shopping can save you a lot of money. Here, we'll look at the difference between Parent PLUS Loans, private parent loans, and private student loans.
Newsflash: College has become a buyer's market for the 2020-2021 school year.
Crazy, right? You've spent the last several years figuring out how to get into your college of choice, just hoping and praying that you'd receive that coveted letter of acceptance. Now, thanks to COVID-19, it seems the tables have turned.