Q: Help! My spouse and I are the parents of a college-bound high school junior who's starting to look at schools. We couldn't be prouder of our young scholar, but we haven't saved a dime to help with the costs. What can we do?
A: It may sound like a cliché, but now is a time to focus on the positive. Your child is college-bound! She has the ambition, intelligence, and drive to do something with her life! Take a moment and celebrate that little victory.
Topics: student loan debt, college tuition
Student loan debt is terrifying. You left for school with the best of intentions. You worked your tail off for four plus years and got a degree. You throw your cap into the air in celebration, and by the time it lands, you have a bill for $29,400. Yikes!
When dollar amounts are that high, it's difficult to make them seem real. As a recent grad, you have all kinds of financial obligations. It's easy to let those student loan notices pile up and focus on furnishing a household, buying a fancy car or starting your adult life.
Topics: student loan debt, debt management
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