In more than one-third of U.S. families, parents decide how to pay for college, according to a July 2020 report from private lender Sallie Mae. Half of those parents don’t inform the child of their decision. Joe Allen, 51, of Frederick, Maryland, did talk about college costs with his daughter, a freshman at the University … Continued
An influx of college financial aid applications this year means that money could run out for students who don’t file early. Due to financial strain caused by COVID-19, nearly 40% of families that didn’t previously plan to apply for federal financial aid now expect to do so, according to a recently released survey from Discover … Continued
College students who left their campuses in droves as stay-at-home orders rolled in were often met with a whole new financial reality. They had to relocate in a hurry, racking up unexpected travel and moving costs. Their rented apartments, dorm rooms and meal plans are now going unused. They may have lost a job or … Continued