Getting out of College Debt: Four Strategies

In March, 2016, author John Wasik wrote an article for Forbes titled, “Getting out of College Debt: Four Strategies”. With student debt reaching 1.2 trillion, John outlines the following four strategies for getting out of college debt: Do the numbers first Find the best repayment plan Know the total cost of a loan in a…

Federal Student Loan Interest Rates for 2016-2017

Good News for student loan borrowers!  The Federal Direct Student Loan interest rates have been determined for the school year 2016-2017 and the rate is lower than last year.  The student loan interest rate is 3.76% down from last year’s 4.29% for undergraduate programs. Interest rates for direct subsidized, direct unsubsidized and direct plus loans…

EFC PLUS Webinar Schedule 2016-2017

EFC PLUS is excited to announce our webinar schedule for the upcoming 2016-17 school year. Throughout the year, EFC PLUS provides webinars for our families to help with college financial planning and literacy.  The EFC PLUS webinars are planned to match the various decision points of the college financial aid process.  Our goal is to…

Student Aid Bill of Rights

Many of our readers are in the process of reviewing their award letter and calculating the amount of debt it will take to put their child through college. Five years ago, President Obama started the student loan reform. The Obama Administration has continued to work toward helping student loan borrowers stay current on their loans…

Incorporate College Planning Into Your Practice

Fred Amrein is doing a series of events for the Financial Planning Association. The series of events include articles for their Journal of Financial Planning, webinars on different college funding issues and presenting at their national conference in September.   This is the first article written for the FPA which appeared in the April issue.…