Cool site for College Cash or Lack thereof

I read an article this morning about College Debt and I thought I should pass some of it along to you all!


Here are some key points to remember about funding school:

• Do whatever you can to avoid taking out student loans (scholarships, grants, work-study etc)-- but since we all know this can be unrealistic...


• Borrow the least you can get away with, NOT everything which you might qualify


• Your total debt for your total college career should not be more than your first year's salary (this includes interest)


• If possible, keep your monthly payments to 15% of your income. Example: If you borrow $35,000 at 8.25% interest on a 10-year repayment plan, your monthly payments after college will be approximately $414.00.

This website has a lot of cool stuff about funding your education.. check it out!

Financial Aid information