Banking Advice | BankingAdvice.com » college loan http://bankingadvice.com Your Source for Banking Advice Thu, 17 May 2012 15:10:55 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Near Term Planning for the First Year of College http://bankingadvice.com/near-term-planning-for-the-first-year-of-college/ http://bankingadvice.com/near-term-planning-for-the-first-year-of-college/#comments Fri, 06 Mar 2009 16:13:46 +0000 admin http://bankingadvice.com/?p=169

Many families have done a good job at planning for their child’s college education, but the recent credit crunch and investment downturn will likely affect even the best plans. Also, if you were depending on financial aid or loans, that also is strewn with potential land mines. Here are three things you need to consider over the near-term: 1) Financial aid shortfalls: As we all know the cost of college has continued to increase, and colleges have not been able to offer enough funding through the variety of aid programs that include: Perkins, Stafford and Plus federal education loans, and private...

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