Sentences with phrase «students borrowing more money»

Not exact matches

Many students borrow a little more money than is necessary to pay for tuition and books, according to Student Loan Report.

Given a limited amount of money for student aid, the Secretary said, lawmakers have two options: concentrate grant dollars on the poorest students, thus forcing middle - income students to borrow to attend college; or bring more middle - income students into the grant - recipient pool and risk discouraging low - income students from college because they fear taking out loans.

For example, if you want to earn more money and potentially reduce your need for student loans (or reduce the amount that you borrow), then you could consider working more hours.

In order to deal with all the costs associated with going to college, many students need to borrow extra money to help cover living expenses and that makes it even more difficult for them to repay their loans after they graduate.

The loan you've co-signed for can show up on your credit report, just like any other debt you have... As a result, the loan you've co-signed for can increase the size of your outstanding debt — added to your mortgage, credit - card balances, car loan or student loans — when lenders are deciding whether to let you borrow more money.

The problem with this approach is that while your children have the option to borrow money for college, you can't as easily take out loans to fund your retirement (and even if you could, they'd wind up being far more costly than your typical student loan).

Studies have shown that people will spend more money when using a credit card than when paying with cash, and student loans operate on a similar premise of borrowed, invisible money.

If the amount your school determines is more than you actually need, you can also borrow less money - something that will come in handy if it is your goal to pay off your student loans faster.

While this bill won't change the amount of money students need to borrow, it will make payments more affordable and hopefully decrease the chance of default.

Due to interest capitalization, a process where unpaid interest and loan fees are added to the outstanding principal balance of a loan, the amount of money you repay on a private student loan can be significantly more than the amount you borrowed.

Because of this, students have had to borrow more and more money for school until, at this point, more than 45 million Americans carry student loan debt, with a median balance of $ 17,000.

The majority of students — more than 70 percent of all bachelor's degree recipients — now borrow money to pay for college, a higher proportion than ever.

Students will continue borrowing more and more money to pay exorbitant tuition prices, but monthly payments will be manageable because they will be spread out over 20 years rather than ten.

The school hopes making students more accountable will help them make more responsible decisions about borrowing money for education expenses.

Since so many students are turning to borrowing money to reach their education goals, student loans organizations are becoming more and more popular.

Yet legislators continue to come up with solutions that seem to encourage not only universities to increase their costs but students to borrow more money.

More specifically, students and parents could borrow money through any of the following federal student loans: Federal Direct PLUS Loan for Graduate and Professional Students, Federal Direct Stafford Loan, Federal Direct Consolidation Loans, and the Federal Direct PLUS Loan for students and parents could borrow money through any of the following federal student loans: Federal Direct PLUS Loan for Graduate and Professional Students, Federal Direct Stafford Loan, Federal Direct Consolidation Loans, and the Federal Direct PLUS Loan for Students, Federal Direct Stafford Loan, Federal Direct Consolidation Loans, and the Federal Direct PLUS Loan for Parents.

«One of the biggest changes we're seeing is that parents are borrowing a lot more money,» said Susan Aud of the National Center for Education Statistics, speaking on May 18, 2014 about long - term trends in the National Postsecondary Student Aid Study, which tracks how students pay for college.

As a college student you need to keep track of how much money you have borrowed, understand the interest rates, know about payment terms, and get a handle on how much money you will need to repay so you can borrow more intelligently.

Female graduates are now somewhat more likely than male graduates to have borrowed money to finance their college education, and women in the class of 2012 owe more of the total student debt than their counterparts in the class of 1993.

Check its information against your list of student loans before deciding to borrow any more money.

«Guiding a student to attend a college they can afford and be responsible when it comes to borrowing money is a valuable life lesson for the student — perhaps even more valuable than attending a prestigious, expensive university.»

As a result, the loan you've co-signed for can increase the size of your outstanding debt — added to your mortgage, credit - card balances, car loan or student loans — when lenders are deciding whether to let you borrow more money.

Those who borrowed money from the United States government, and have fulfilled all of the obligations and rules, will have... [Read more...] about U.S. Will Forgive $ 108 Billion In Student Loans: Are You Eligible?

The whole concept of student loans spoils you because you assume that you can just borrow more money to solve a problem.

And since borrowing comes with interest that accrues (grows), a loan will always cost your student — or you — more than using money you've saved.

But more law schools means more competition for high - paying jobs and more opportunities for students to borrow money to attend.

According to LendEDU, a student and personal loan research firm, more than 18 percent of Bitcoin investors have used borrowed money to trade the cryptocurrency.

The problem becomes if you have to borrow more money on top of your student loans to invest in real estate, not so much the fact that you're investing while you have student loans.