Finding scholarships can be a daunting task. Because of this, students often wonder if paying for college with scholarships is even possible. With so many different kinds of scholarships out there it can be difficult to figure out where to find the right ones and how to approach the application processes. To break through some [...]
Peggy Merrill of Albany didn’t start out to be an activist. She doesn’t consider herself one now. Still, she is actively trying to bring attention to what she believes are serious problems connected with banks administering the federal Home Affordable Modification Program. She is hoping people will respond to two days of rallies scheduled to [...]
“Home equity will lag because home equity, by its nature, we find lags the underlying prime and the underlying real estate and lags more than most other things,” JPMorgan CEO Jamie Dimon explained in an earnings call last week. “We try to account for that in our reserving.” There’s been plenty of speculation regarding potential [...]
While the FAFSA Financial Aid Application is the quintessentially required form in the financial aid world, it’s not the only form you’ll be expected to fill out, especially if you are applying to any private colleges. Several hundred private colleges and some public colleges also require another form originated by the College Board, the CSS [...]
A $50,000 loan limit is classified as a large personal loan by most lending standards. Typically, large personal loans are secured against an asset for collateral; for example, home equity loans may have high limits. If you would like to secure this large loan without collateral, you will be exposing both yourself and the lender [...]
To begin let’s first delineate the difference between a subsidized and unsubsidized loan. If you received a subsidized loan for school NO interest will accrue while you are in school, sweet! If however you have an unsubsidized loan than you are not so lucky. Granted you could elect to make interest only payments if you [...]
Right now, Goldman Sachs’ Jan Hatzius is speaking on a panel and just told the audience there are only two economic scenarios for the U.S. right now: bad and very bad.Those scenarios are summed up as followed (via Jim Pethokoukis): Bad: 1-2% GDP growth and an increase to 10% unemployment Very Bad: Double-dip recession, based [...]