Nitro Knowledge. Your Guide to Paying for College.
If you’re thinking about going to college for accounting so you can spend your time counting other people’s money, there’s no doubt that you’re hoping you’ll have some of your own to count as well.
Fear not. According to the U.S. Bureau of Labor Statistics (BLS), the average salary for a job in accounting is $68,150. If you aspire to a top-level management position, or would like to specialize in a niche area of accounting, you may even be able to make quite a bit more than the average. (We’ll discuss some of those positions farther down.)
Your child is growing up. It’s time to let him or her take more responsibility, especially with college just around the corner.
However, there are some areas where even the most mature teens could still benefit from your guidance. Navigating the college loan process is high on that list.
Formulating your college funding plan requires so many decisions, but it’s important to stay sharp while you’re attending to those final details.
The fact is, some of those seemingly small decisions you need to make — like selecting a repayment plan — could end up having a big impact on your financial future.
So today, let’s walk through what you need to know to avoid some of the biggest mistakes people make when setting up their student loan payments.