As we approach September, college counselors and financial advisors are preparing to advise their students and parents on the upcoming changes this coming year. Preparing for the 2017- 2018 financial aid season will be is especially difficult due to a change in the administration and system failures from last year. I have recently posted two…Details
The IRS and the Department of Education have announced their initial solution to the Data Retrieval Tool process for the FAFSA. It will be available for the FAFSA submission year starting on October 1, 2017. The October 1, 2017 is the start of the FAFSA school year for 2018 – 2019. In early 2017, the…Details
How do families find colleges that are affordable and deliver value? For many families, college affordability and avoiding excessive student debt are becoming more important factors in the college decision process. A Princeton Review Survey confirmed this earlier this year. What are the steps needed to make informed decisions during this college search and selection? …Details
For many recent college graduates, student loan repayment has not yet started. This is because most students will take advantage of their grace period, which is the period of time after graduation and before repayment begins. For the Direct federal loan borrowers, the grace period is the six month period from the month of their…Details
I am excited to inform my readers of a personal milestone in my life. My wife, Gerrie and I became grandparents for the first time. Our daughter delivered Emily Marie in late July. Both mother and granddaughter are doing great and I am excited to have another princess in my life.
During one of my walks this summer with my wife, I saw an interesting T-shirt that stated “Best 5 Years of My Life”. On the other side of the shirt was the name of a large state university. The name does not matter since the US government is using a six years standard in many…Details
The number of people with student debt has almost doubled since 2006 and the total amount of student debt has doubled since 2009. As this crisis grows, the lack of good student loan repayment advice continues to lag. As a matter a fact, more borrowers are the victims of improper advice than ever before. The…Details