Blog Tagged: money

In 38 years, textbook prices skyrocketed three times the rate of inflation. For years, students were a captive audience for booksellers. The College Board estimates that the average student will spend more than $1,200 on textbooks this years.

Photo by Jon Elswick—AP via TIME Magazine At the rate she is going, Taylor Bauer thought she would literally never pay off her student loans. A former teacher in the Berkeley County School District who is now teaching in Mexico City, Bauer has been making income-based payments for five years. The federal student loan program offers…

  Photo by Rawpixel via Unsplash Just as new graduates are beginning to pay back their federal student loans, prospective undergrad and graduate students are eligible to fill out the financial aid paperwork for next academic year. The Free Application for Federal Student Aid (FAFSA) may be submitted as early as October 1 for the…

Photo by Steve Buissinne via Pixabay The greatest test of a student’s college career is upon us: it’s time for May 2018 graduates to begin repaying student loans. The average college graduate leaves school owing roughly $42,000, in payments of $350/month for ten years. The problem, say financial aid officers, is that many students are uninformed…