Student loans outstanding in the US have topped $1.4 trillion, and up to one in four borrowers are either delinquent on their payments or in default. In fact, student debt has nearly doubled since 2009. Is there a better way to pay for college? Here are two resources that may help:
1 – Click Here to View the “Net Price” Calculator
According to the College Board, the “net price” of college could be less than half the published cost when you factor in various grants, scholarships and tax benefits that may be available. Use the link above to calculate the “net price” of the school of your choice.
2 – Click Here to Search for Scholarships
Use this link to find nearly $6 billion in scholarships and financial aid from more than 2,200 programs. When it comes to college costs, a little research ahead of time can make a huge impact in terms of long-term affordability!
Let me know if you’d like to discuss how college costs may be impacting your family’s cash flow. There could be some mortgage and debt planning options around college funding that may be worth your consideration.