A Candid Conversation with CollegeFinance.com’s Kevin Walker
You want to help your kids through college, but what’s the best way? You could give them money, or co-sign on a student loan. Or just offer advice on how to pay for college.
Your college classes might look a little different this year, but you will still need to figure out how to pay for your schooling. While preparing for your classes and buying the right textbooks, it is also important to think about your finances. Learning how to manage your money amidst school and working will benefit you long after you graduate.
Here is proof that even the darkest clouds have a silver lining. As humanity faces its greatest challenge this century, one small upshot is that borrowing costs will fall.
Tuition and other related fees for a 4-year stint at a private US college or university now cost a staggering $35,000 a year, according to the College Board. However, before you get completely turned off of the idea of pursuing higher education, there is a solution.
It can be hard enough finding the money for undergraduate studies, but what happens when you continue on to grad school?
If you are considering (or enrolled in) college, you’ve no doubt wondered if one loan type is better than the other at keeping your debt down. To make the right choice for your needs, understand the difference between federal and private student loans, which is better for various situations, and if one of the options will help you.