Avoid High Student Loan Debt with these Financial Strategies

student loan debt

Paying for college today can be stressful. Reading all the posts from parents on Facebook underscores the fact that college is expensive and parents are trying to pay for it without borrowing or graduating with massive student loan debt.

According to the Education Data Initiative:

Student loan debt in the United States totals $1.766 trillion.

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Helping Your Teen Find Some Balance in their Senior Year

senior year

Your child’s senior year of high school will be their busiest yet. Not only will they be managing applications, and completing their high school exams, but they’ll also be developing and socializing as young adults. There’s a lot going on, which can lead to a lot of stress and anxiety for teens.

As a parent, it’s your responsibility to help keep them on track with school, but you also need to be there to support them during the tough times and help them unwind. Here are some of the ways you can help them find the balance, helping them get to graduation and beyond. 

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Scholarship Friday: $6000 for Black Women in Stem

When I come across a scholarship that can help students and their families pay for college, I like to share it. Today’s scholarship is from BestColleges and there are five of them available for $6000. If your student qualifies, make sure they apply.

scholarship

Scholarship Overview

On average, Black women in STEM earn salaries that are 45% lower than their highest-paid peers. BestColleges is committed to breaking down barriers for students in underrepresented communities, who desire careers in the most competitive fields. This year, we’ll be giving away five $6,000 scholarships to Black women who are currently pursuing careers in STEM.

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Making College Visits a Family Affair

college visits

College visits have become more important today than they ever were in the past. Competition for that coveted admission spot and the competitiveness of the colleges vying for students makes the college visit a key factor in a student’s decision and a college’s recruiting efforts. College visits are the “bread and butter” of the admissions process and if you have a college-bound tween or teen, it’s time to get into the game.

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Restoring Education’s Promise with Responsible Student Loan Borrowing

Today’s guest post is by Bob Collins, VP of Financial Aid at Western Governors University.


student loan borrowing

WGU students graduate with half the debt of their peers nationwide

Education is linked to the eradication of poverty and the promotion of prosperity, but evidence that college students graduate with excessive debt continues to pile up year after year. With student interest rates at their highest in the last decade, our current economy serves as a reminder that students should make informed decisions to borrow wisely.

Western Governors University (WGU) was established in 1997 with a mission to expand access to high-quality, online and affordable higher education. WGU serves more than 150,000 students nationwide and has more than 340,000 graduates in all 50 states.

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Helping Your Student With Back-to-School Anxiety

back-to-school anxiety

Some of the latest figures show that over a quarter of students have back-to-school anxiety issues. With the school year just starting, it could be worse right now. From making a morning routine to celebrating the little wins, here are some practical ways you can beat the stress of it all.

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5 Ways to Look Uncommon on the Common App

Common App

The Common Application is used by over 500 colleges. It was created to save colleges and students time when submitting their college applications, hence called the Common App. The basic information you complete in the application will be used by every college you apply to: test scores, personal information, and extracurricular activity lists. You don’t have to resubmit that information to each individual college.

The Common App was set up in 1975 to simplify the application process, but the very name of the application suggests that there is no opportunity for students to stand out in this common app process. But there are opportunities for students to stand out, or look uncommon when using the Common App.

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What Do Colleges Look for in an Applicant?

colleges

The NACAC (National Association for College Admissions Counseling) surveyed their member four-year colleges and you might be interested to know what they found.

The responses indicated that the most important factors in admission decisions were grades and high school courses. According to their recent survey, 77 percent of colleges listed the student’s grades in college prep courses (AP and Honors) as considerably important. High school grades in all courses were considered important by 74 percent of colleges, and the strength of the high school curriculum by 64 percent of colleges surveyed.

Interestingly, the essay had considerable importance by only 19 percent of colleges, with demonstrated interest ranking important by 16 percent of colleges.

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Less is More When Applying to College

applying to college

There’s a theory among teens, and many parents, when applying to college: “The more colleges you apply to, the better your chances.” In theory, it makes sense, but there are other things to consider besides hedging your bets with numbers.

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Top Tips for Educating Your Child

educating your child

It’s always important to find ways of educating your child outside of the classroom. Why? Well, there are often some things that aren’t covered in the classroom and it’s also a case that when your child is one of many in a classroom, they might not always get that 1-2-1 attention you feel they deserve.

That’s why it’s useful to do what you can as a parent to provide them with as many opportunities for educational resources as possible. 

Here are some top tips to educate your children at home in 2023.

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Helping parents navigate the college maze