Thanks, Congress! The College Cost Reduction and Access Act (that’s a mouthful) passed overwhelmingly, throwing $20 billion into the Pell Grant program and easing interest on Stafford loans. The highest Pell grant amount will rise from $4,050 to $5,400, while the interest rate on Stafford loans will fall from 6.8 percent to 3.4 percent. Nice [...]

Politicians in Washington, D.C. have agreed on a new bill that will make several changes to some of the government’s financial aid programs. Among the changes are higher Pell grant amounts and a lower interest rate on Stafford loans. The bill has been passed by both the House and the Senate, but must go back [...]

If you are still in college, chances are you are probably looking ahead to the future and seeing some pretty hefty debt. If you’ve already graduated, you are likely already paying back your student loans. A common question that comes up is this – “Should I consolidate student loans?” As far as I’ve been educated [...]

New Mexico’s governor, Presidential candidate Bill Richardson will soon introduce a plan that would forgive some student loans in exchange for one year of national service. What qualifies as national service? “…work in a forest, clean up a forest … work in a hospital, go in the military, go in the Peace Corps, go in [...]