College and Money

Student Loan Guide

Student Loan Guide

College costs are at record highs, which is forcing many students and their families to finance high education via student loans.  But there are several different types of loans and each comes with different terms.  Check out HelpSaveMyDollars.com’s student loan guide below: Direct Subsidized Stafford Loans: These are the “best” types of loans.  The...
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The Lifeline for College Students: Credit Unions

Money management is a key part of the college experience. Since only 24 states require students to take personal finance classes in high school, the majority of incoming college freshmen are not prepared to tackle their finances. In fact, 45% of high school seniors said they were not ready to manage their money, according...
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College Graduates Who Earn the Most Money

College is an investment!  The goal is to attend college that gives you the greatest return on investment!  According to PayScale.com’s report, here’s a list of the colleges whose graduates earn the highest salary at mid-career: 1.  Harvey Mudd College – $126,000 2.  Princeton University – $123,000 3.  Dartmouth College – $123,000 4.  Harvard...
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Benefits of Credit Unions

If you’re fed up with the nasty tactics most credit card companies use (high fees, unexpectedly raising interest rates or lowering credit limits) to generate revenue, credit unions are here to help.  Credit unions are not-for-profit financial institutions formed by members.  Any profit made by the credit union is directed back to the members...
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Student Loans Cannot Be Discharged in Bankruptcy…Or Can They?

Student loans cannot be discharged in bankruptcy – you could claim bankruptcy 100 times and your student loans will still exist.  Some lawmakers, however, are trying to change that!  Debt from credit cards, auto loans and mortgages will be discharged (completely erased!) upon claiming bankruptcy.  Now this may sound good, but your credit score...
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Student Loan Reform on July 1

The student loan industry will be changing as of July 1, 2010.  As part of the health care bill that was signed into law last March, new student loan reform will take effect next week.  This reform will affect all students who rely on student loans to pay for college. Here’s what you need...
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Co-Signing on Loans: It’s Stupid!

Anyone who has a low credit score (600 and below) will have a very tough time receiving a loan, whether it’s an auto loan, mortgage, student loan or credit card. This is because the lower your credit score, the riskier it is for a bank to lend money to you, since low credit scores...
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College and Money – Student Loans and College Debt

A College Education:  These days it’s essentially a necessity when looking for a job.  Also, a degree usually results in a higher income.  But that education does not come without a cost, and a very high cost.  Private college tuition is upwards of $35,000 per year and that does not include room and board. ...
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