Sep 12, 2008 | Uncategorized
Yesterday I mentioned about a settlement by a bunch of the biggest student lenders in the country, whom NY Attorney General Cuomo alleged were engaged in deceptive lending practices. See the article titled “Deceptive student loan practice, caught in the act”. The Wall...
Sep 11, 2008 | Uncategorized
USA Today ran a brief paragraph on an upsetting story. Eight student lenders, including some of the biggest (Nelnet, GMAC bank, among others), coughed up $1,400,000.00 dollars to settle NY Attorney General Cuomo’s probe in their alleged unfair and deceptive...
Sep 2, 2008 | Uncategorized
“PRIVATE STUDENT LOANS TOUGHER TO FIND” by Sandra Block, USA Today Your child will be a college freshman this year, and you’re a little apprehensive. Will she pass Econ 101? Eat her vegetables? Come home for Thanksgiving with an anarchist boyfriend...
Aug 27, 2008 | Uncategorized
Ideally, many planners agree that the cost of college is a burden on most families, which is why they suggest starting to save for college the first year your child is born. This would give a typical family 17 to 18 years to save. However, most families have not done...
Aug 20, 2008 | Uncategorized
I have a very sad story: a student graduated 20 years ago with a particular specialized major (this particular major was dropped the year after he graduated). [Mistake number one: research your career/major] 20 years after graduating this former college student...
Aug 13, 2008 | Uncategorized
A little business and a little vacation. Some families ask when is a good time to start preparing for college. My answer is as soon as possible. A middle school student is not too early to start. I have a High School Sophomore who will be graduating in 2011. We...