College to Career
College Costs Will Double or Triple for Many Families
Guest blogger, Beth V. Walker, is a wealth advisor with Carson Wealth Management, the founder of Center for College Solutions, and the author of “Never Pay Retail for College.” This article was originally written for ReThinking65. How the new financial aid rules will reduce affordability, plus other changes clients need to hear. Effective July 1, 2023, the…
Understanding How College Funding Works
College financial aid pays for the difference between what a school costs to attend and the amount a family will pay from their own money. College financial aid can be a mixture of scholarships, grants, fellowships, federal work-study jobs, tuition reductions or discounts, in addition to student and parent loans. Types of Funding Available …
Federal Student Loan Interest Rates Going Up More Than 1% for 2022-23
Federal college loans are about to become more expensive. Federal student loan interest rates are increasing this summer by more than one percentage point. The new rates will take effect on July 1, 2022. Federal Loan Interest Rates The Direct Subsidized Loans and Direct Unsubsidized Loans for undergraduate degrees will increase to 4.99 percent. Direct…