Banking & Financial Education Blog
Trimming college costs up front can help families avoid excessive college borrowing and the burdensome student loan payments that come with it. Here are some ideas.
1. Pick a college with a lower net price. You can use a college’s net price calculator (available on every college’s website) to estimate what your net … Read More ›
In December 2015, the Federal Reserve raised the federal funds target rate to a range of 0.25% to 0.50%, the first rate increase from the near-zero range where it had lingered for seven years. Many economists viewed this action as a positive sign that the Fed had finally deemed the U.S. economy healthy enough to … Read More ›
For young adults with college debt, deciding whether to pay off student loans early or contribute to a 401(k) can be tough. It’s a financial tug-of-war between digging out from debt today and saving for the future, both of which are very important goals. Unfortunately, this dilemma affects many people in the workplace today. According … Read More ›
With the cost of four years of college rising to upwards of $129,000 at private universities and $95,500 at out-of-state public universities, and with many people taking out loans to cover the cost, students are increasingly feeling pressure to make smart financial decisions in college.
After all, tuition is only … Read More ›