Author: Staff

How This Teacher Paid Off Nearly Six Figures in Debt

Leslie Fischer, 38, didn’t expect to accumulate nearly six figures in student debt, but after graduating with a BA in Education from Creighton University in 2002 and an MAT from National Louis University in 2005, her debt load nearly added up to $100,000. That realization caused significant stress for Fischer since she knew her work as a teacher wouldn’t involve a big salary to help her easily pay it off.“I was distressed about my student debt when I saw its ratio to my salary as a teacher, as well as the interest I was paying on it every year,”...

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Florida Student Loans, Scholarships, and Grants

When it comes to paying for college, borrowers in the state of Florida are in the top 10 in terms of holding the least student loan debt. The average student loan debt per borrower was about $12,915. No matter what your debt level when you graduate, any amount of debt can overload your budget when it’s time to start repaying your loans.Fortunately, there is an abundance of funding options for students in Florida, some of which can reduce your need to borrow – or potentially let you borrow at competitive rates. Students should be proactive and ensure they submit...

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The Trick to Getting Free Money for College

In recent years, the cost of college has skyrocketed. The average student now graduates with about $28,000 in student loan debt, and the rising figure shows no signs of slowing.The burden of student loans has prevented many young Americans from getting married, buying houses, or even moving out of their parents’ houses — yet many prospective college students are missing out on a major opportunity to get free money for college.The Free Application for Federal Student Aid, or FAFSA, is the form used by many U.S. colleges for considering your financial aid needs.Despite the importance of the FAFSA, over...

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Can You Complete the FAFSA Without a Driver’s License?

Completing the Free Application for Federal Student Aid (FAFSA) can be a daunting process. After all, it is the single most important document for obtaining financial aid, and is used by the U.S. Department of Education, states, and colleges themselves.Every prospective student wants to make sure it is filled out perfectly — so what happens when you don’t have a piece of information the FAFSA requests?One example is a driver’s license. The FAFSA will require some form of identification to verify that you are who you say you are. The easiest way to do this is through your driver’s...

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How Long Do You Need to Live in a State to Get In-State Tuition?

Choosing to go to a local, in-state college or university can save you and your family significant amounts in both tuition and living expenses. The average tuition rates for a four-year degree at a public institution jump alarmingly as soon as you move out of state—leaping from $9,970 for in-state students to $25,620 as soon as you become an out-of-state enrollee.A $15,000 difference per year in tuition places undue hardship on students and families, especially over the course of a multi-year degree program. If you’ve recently moved, you may wonder how long it will take you to qualify for...

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