How Juniors Can Prepare for College
Hi Friend,
Happy Valentine’s Day!
February is a great time to focus and start planning for the next steps needed to prepare for college. Seniors will be receiving college acceptance letters and financial aid awards over the next few months. Even with planning, many families are shocked and overwhelmed by the actual full cost of college.
The cost of college is a major factor in most families’ college decision making process. Understanding options around college debt is an important part of planning. Many families borrow more than they can afford. Read about the current student loan debt statistics to get the full picture.
High school juniors should be taking steps now to help with the transition into college. With some planning and research, juniors can take control and ease pressure by being ahead of the game. Our latest blog dives into tips on how juniors should prepare for college.
Since February is the month of love, take some time out from your busy schedule to care for yourself and your student. The hustle and bustle of getting all those forms completed and sent out can be stressful, but if you’ve managed to keep on track, you should be in a good position to celebrate the results of all that hard work. If you find you need additional help or have any questions, please reach out to schedule a complimentary consultation!
– Trixie
Student Loan Debt Statistics: 2023
Student loan borrowers in the United States owe a collective $1.76 trillion in federal and private student loan debt as of September 2022, according to the most recent quarterly tally by the Federal Reserve.
The figures cited below do not reflect the White House’s one-time student debt cancellation announced in August, which is currently on ice amid legal challenges. The proposed relief plan would wipe out up to $20,000 in student debt for qualifying borrowers.
10 Ways High School Juniors Can Prepare for College
It is never too early to start preparing for college. For juniors in high school, now is a reasonable time to start thinking about college admissions, as this year is when they can really start to engage in active college preparation.
Junior year can be a busy time, especially for those who are planning to attend college and it can become easy to feel overwhelmed with so many important things to plan and do. However, parents and students can find ways to work together to keep on track with preparing for college.
How to Survive Paying for College Free On-Demand Webinar
Enroll in our FREE on-demand webinar and learn how to calculate:
- Expected Family Contribution (EFC)
- Cost of Attendance (CoA)
- FAFSA and CSS profile
- Public versus private costs
- How you can afford college without jeopardizing retirement
Enroll for free now! Just click the button below!
Westface College Planning is here to help ensure your planning is where it needs to be. Contact us with any questions you might have for the years to come!
Ready for your own success story?
If you’re a typical parent with college-bound students, you’re probably overwhelmed. You want to help your sons and daughters make the right choices and prevent overpaying for their education. You’re not alone! We’re here to help. Schedule your free consultation today – click below to get started!
Catch our free, on-demand webinar:
How to Survive Paying for College
Join Beatrice Schultz, CFP® for our on-demand webinar, where she provides parents with the exact steps that often greatly lower the cost of college, even if there’s little time to prepare.