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How Schools Are Reaching Out to Students Affected by the Credit Crunch Here's a statement upon which both Obama and McCain would agree: Young intellectuals dropping out of college in our current economic crisis will only weaken the economy in the long run. Colleges concur, and are finding ways to ensure that students survive the credit crunch. 10 Things You Need to Know About the New Higher Education Opportunity Act Assuming you won't sit down and read the Higher Education Opportunity Act of 2008 (it's 1,158 pages!), here are 10 things you need to know about the new law. School Yourself on Student Loan Options No matter your financial situation (unless you're super rich, that is), there's a good chance a portion of your education will be financed by student loans. Guess now is a good time to school yourself on the student loan lowdown, huh?! Here's a breakdown of loan types to get you started... Costs of a College Degree College degrees, if they're worth more than the paper they're printed on, don't come cheap. So just how much does college cost? 10 FAQs About Financial Aid Between figuring out the FAFSA and pondering the "Have you decided on a major?" question, you've been dishing out a lot of answers lately. Surely you have queries of your own, so we rounded up the experts for answers to some of the toughest questions when it comes to financing your education. 101 Financial Aid Facts and Fiction It's all about the Benjamins, isn't it? Love might not cost a thing, but college certainly does. Money, or the lack of it, is a huge factor in determining which college to attend. And although financial aid is available, many students don't think they can get it. Read on to discover seven of the biggest misconceptions out there about aid, and the real deal on how to score it. Look Before You Leap -- Into Debt Twenty percent of those who borrow for college drop out and are then left in debt, without the financial benefits that earning a college degree can provide. Don't Fall Victim to a Financial Aid Scam There are many companies that offer help when it comes to paying for college. But how can you tell when a service is legit, and when it's a financial aid scam? Read this article to find out what to look for. Should You Claim Your Independence? Paying for college can be difficult, but can claiming financial independence help ease the burden? Unwrapping the Package Reading your financial aid student award letter can sometimes seem like decoding ancient Egyptian hieroglyphics. To you, "aggregated amount for FFELP" might as well read "lyhbdsrhpo asgyub HHQLX." That's why CB Teen sought the help of Michael O'Brien, CEO and co-founder of FinancialAid.com. |