Parent Student Loans: A growing concern

The student debt crisis now affects approximately 44 million people and the total dollar amount has doubled since 2009.  A missing piece of this discussion is the amount of parents affected by student debt. Parent student loans are becoming a growing concern.  According to a CFPB report, the average state has approximately 2.2 billion dollars…

Haverford High School College Planning Program 2017

Haverford High School College Planning Program involves a series of information nights that cover three financial aid nights and two college application nights for the families of our township.  Fred Amrein, an expert in college funding and student loan repayment will be the speaker on the financial aid topics.  His presentations help parents understand how…

Financial Aid Reductions due to Trump’s 2018 Budget Proposal

President Trump has released the 2018 budget proposal this week and based on the initial review it appears that higher education will face significant reductions, specifically to student aid programs.  These projected budget changes total over $143 billion in savings over the next 10 years.  For the Department of Education, it would represent a 13.5%…

Using a Parent PLUS Loan

The stress of the college decision process is complete for most families, congratulations!  The next step is paying for college.  Due to the high cost of college, many families may be considering a Parent PLUS loan as an option.  Here are some items to consider when financing your child’s education with a Parent PLUS Loan.…