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Wrestling With a Dilemma of Epic Proportions What might shake out to be the biggest parental dilemma of the year: Whether or not to allow your student to return to a college campus is fast becoming a reality as schools around the country are opening. We asked two experts to provide some helpful advice and questions to consider on whether your teen should head to campus.
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See Me, Hear Me Parents have been wrestling with so many things pertaining to school these days, you might say they're living in a perpetual WWE match.
The last few weeks, the most discussed topic within our Paying for College 101 Facebook group has been whether it’s okay to be asked to pay the same price for off-campus learning as it is for on-campus. Multiple surveys have shown that the majority of college students nationwide feel the education they received last spring when they needed to move off campus was inadequate.
What do you think??
Some experts in the field of higher ed have weighed in and discuss this issue here.
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Compare Rates Among Lenders
If you need to borrow money to pay for college, now is the time to gather as much information as you can before you're pressed to make a decision of where to borrow.
In other words, this mama says "You'd Better Shop Around."
If you're at all worried that applying to multiple lenders will make a big dent in your credit score, don't be.
When you apply for the same type of loan within a few weeks the credit bureaus know you are shopping for rates, so there's very little effect on your credit score.
We've done our own informal study and found that the lenders offering the lowest rates were College Ave Student Loans and Sallie Mae.
Use the links below to get prequalified and/or submit an application to find out the interest rate you'll receive.
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LENDER I RATES (APR)
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SoFi I 1.90% - 11.66%*ª
$250 bonus towards loan principal
CommonBond I 5.77% - 9.43% *
College Ave I 1.24% - 11.98%*
Citizens Bank I 1.25% - 10.57%*
Sallie Mae I 1.25% - 11.15%*
LendKey I 1.25% - 11.76%*
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*Variable rates as of 7/31/20, fixed rates may differ.
ªRoad2College followers will receive a $250 principal pay down when taking out a SoFi loan only when applying through this link.
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| My goal is to always provide you with affordable services, insightful information and access to actionable data to help you make more informed college decisions.
Feel free to respond to this email with any questions you have. |
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| Debbie Schwartz Founder, Road2College I'm a parent, like many of you, navigating college admissions and paying for college. With an expertise in personal finance, analysis, and marketing, I'm working to give families the information and tools to make smarter financial college decisions. |
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Road2College may receive affiliate compensation on items purchased through our links.
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