Dear Parents:When your children leave home for college, they will face a host of new experiences and responsibilities. As a parent, you recognize that now they will be "on their own" to tackle life's basic functions - at the same time that they are adjusting to a new environment and new freedoms. To help your student in this transition, he/she should know the "financial facts of life" before opening that first checking account or making that first purchase on credit.
College Tip: Know the Risks of Paying for College with Plus Loans
If you can’t afford a college without a PLUS loan, then for many parents and families the college is simply not affordable.
Balancing Cash, Savings and Financing Options to Pay for College Costs
You were ecstatic when she was awarded that merit scholarship. Even better when she still got a need-based grant. She accepted the admission offer, and then life was a swirl of senior year ceremonies, graduation, parties, and maximizing her last summer before going off to college. You hadn’t really thought more about college costs until […]
How to Develop Good Spending Habits in College
Balancing fun and finances is never easy, especially in college. During these memorable years, students should balance their education and social lives.So, what exactly is the best way to ensure you’re setting yourself up for a healthy financial future during and after school? For the most success in developing great spending habits and making intelligent […]
Insuring Your Student
The Importance of Insurance for Your Student As your baby birds begin to leave the nest, there are always a few things that us college parents are concerned about. Did I teach them enough? Can they really do their own laundry? Do they even know how to make rice? Take a breather, parents! You have […]
FAFSA Tips – Cashing In On College Aid
For parents of high school seniors or college students, Thanksgiving is a good time to complete the FAFSA. This free online government form unlocks a world of financial aid alternatives for your college student and family.
Most Families Say College is Worth the Cost
83% of families believe students will earn more money with a college degree.
Report: Highlights the importance of College Completion to Young Adult Financial Health
A college degree is a powerful asset," said Jack Remondi, President & CEO of Navient, in a statement. "But, borrowing for college and not graduating, has lasting negative consequences.
Getting ready to pay for college? You’ll want to see this.
How America Pays for College 2017, a national study by Sallie Mae® and Ipsos, looks at undergraduate families’ attitudes toward college, how much they spent, and the sources they used to pay for it. Did you know scholarships and grants cover 35% of college costs? That’s the largest share in a decade. Nearly half (49%) […]
Latest College Board Trends Report: Students Are Borrowing Less, Paying More for College
We applaud the good work of The College Board to publish meaningful data on college pricing and financial aid. The annual Trends in College Pricing and Trends in Student Aid report, illustrates that while the increase in the average published tuition and fees across colleges and universities is not as sharp as it has been […]
College Affordability & Student Loan Insurance
As a result, it seems prudent to consider why it is acceptable to place 100% of the burden of a student loan on a student when the school received the financial benefit and would potentially act differently if they shared the risk of student success. College Parents of America welcomes this discussion. It is timely for the United States to consider how we increase the capacity of our citizens to contribute and compete in a global economy.