Subject: How One Student Graduated Almost Debt Free

Read tips from a former college grad who paid down his loans while in school, learn about comparing interest rates, and register for upcoming events!

Lending an Ear

A weekly guide to financing college.

June 11, 2023

What You Should Know About Student Loan Interest Rates

High interest rates can impact the total loan amount your student will have to repay after college. Learn how to compare rates from different lenders to get the lowest offer possible HERE.

How One Student Borrowed $30K in Student Loans & Still Graduated Almost Debt Free

Get helpful tips for keeping student loan debt down while in school and learn about how one student paid off almost all of his loans while completing his degree HERE.

Mark Your Calendar


Register for our upcoming events on financial aid and paying for college:

  

Our Private Lenders Suggestions

(Variable APRs as of 6/8/2023)


Note: We recommend you borrow federal student loans first. Once you've exhausted your federal loan eligibility, carefully compare your options from private lenders. 

 

➡️ Ascent (Cosigned) 5.98% - 15.63%*

 

➡️ SoFi 4.24% - 13.55%*

 

➡️ College Ave 5.09% - 15.32%*

 

➡️ Sallie Mae 4.50% - 14.83%*

 

➡️ Citizens (through Credible) 6.03% - 13.25%*

 

*Rates are based on automatic payment discounts of 0.25 percentage points. 

We're Here to Help You!

📊 Download our FREE Student Loan Comparison Spreadsheet.


🔍 Check Juno to make sure you're getting the lowest student loan interest rate possible.


🐻 Use Mama Bear Legal Forms to make sure you can help your student in an emergency. Enter promo code Road2College & save 20%.


💰 Compare your student's college offers to what other student's have received with our FREE Compare College Offers tool.


🎓 Protect your college investment with GradGuard tuition insurance.


💻 Join our free PFC101 Facebook group and connect with other parents on the paying for college journey.


Download our FREE How to Pay for College Tip Sheet.

Lending an Ear

 Q & A

Community Question: Realistically, when should one be applying for a Parent PLUS loan for the fall and do you apply every year or every semester?


Answer: The credit check for a Parent PLUS loan is valid for 180 days. If you apply earlier than 180 days before the school will disburse the loan, you risk the application expiring. You can apply each year or each semester, but applying each year reduces the number of credit checks you will need to complete.


Have a question of your own? Submit it here, then check back each week as we highlight the most pressing questions and share our advice.

Our R2C Content Team is dedicated to helping families navigate the

ever-changing world of college admissions and financing. 

Lending an Ear is written & edited by Becca Blauch.

Disclaimer: The information provided in this email is for general informational purposes only. Road2College is not a financial advisor or planning service, and as such, cannot be held responsible for any direct or indirect circumstances. Please consult a licensed financial professional before making any financial decisions. Road2College may receive compensation from products and links featured in this email. When evaluating offers, please review the financial institution’s Terms and Conditions. Pre-qualified offers are not binding.
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