Download PDF College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen
This College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen is very correct for you as beginner user. The viewers will certainly constantly start their reading habit with the favourite motif. They might not consider the author and also author that produce the book. This is why, this book College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen is truly best to read. However, the idea that is given in this book College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen will reveal you numerous things. You can start to like additionally reading until completion of guide College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen.
College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen
Download PDF College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen
College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen. One day, you will uncover a new adventure as well as expertise by spending even more money. Yet when? Do you assume that you require to acquire those all needs when having much cash? Why do not you attempt to get something easy at first? That's something that will lead you to know even more concerning the world, experience, some areas, past history, enjoyment, and also more? It is your personal time to continue reading routine. One of the e-books you can appreciate now is College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen right here.
Reading, once again, will certainly offer you something new. Something that you do not know after that disclosed to be well understood with guide College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen message. Some expertise or session that re obtained from checking out publications is uncountable. More books College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen you read, more expertise you obtain, as well as much more possibilities to always like reviewing e-books. Because of this factor, reading book must be begun from earlier. It is as exactly what you could get from guide College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen
Obtain the perks of checking out habit for your life style. Schedule College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen message will consistently associate to the life. The actual life, expertise, science, wellness, religion, amusement, and also more could be discovered in written e-books. Numerous authors provide their experience, science, research, and all points to discuss with you. Among them is with this College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen This e-book College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen will provide the needed of notification as well as declaration of the life. Life will certainly be completed if you know much more things via reading books.
From the description above, it is clear that you should review this publication College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen We give the on-line e-book entitled College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen here by clicking the link download. From discussed publication by on the internet, you can give a lot more benefits for many individuals. Besides, the visitors will be also quickly to get the preferred book College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen to read. Find one of the most preferred and also needed publication College Financial Aid: Highlighting The Small Print Of Student Loans, By Carol Jensen to review now and also right here.
Students, parents, grandparents, and anyone paying for college gain a competitive edge by reading College Financial Aid: Highlighting the Small Print of Student Loans. Carol Jensen helps families figure out a confusing financial aid process. There is currently no one-stop shop for them to rely on. Jensen compares private and federal loans and recommends new borrowing limits. This book helps students protect their independence and avoid the need to live with their parents after college.
College counselors reveal that they cannot counsel students on private loans and do not recommend any private lenders to help families pay for college. Healey C. Whitsett of National Economic Research Associates and Rory O'Sullivan of Young Invincibles found that 40 percent of federal loan borrowers believed they had not received any kind of financial counseling. Their discovery questions a universal understanding that college students with federal loans are mandated by law to receive counseling. Some have concluded that federal loan counseling must be so ineffective that borrowers just do not remember attending. Jensen unveils a counselor's answer to this in a "light bulb" moment. Whitsett finds Jensen's explanation of "why" fascinating. In the end, borrowers do not have to complete exit counseling about defaulting on their federal loans and U.S. taxpayers pay billions in collection costs for federal loan defaults.
Carol Jensen gives readers a front-and-center view of financial aid counseling seen by few others. This book offers students and families a wealth of information to determine their best options on where and when to attend college and how to pay for it.
- Sales Rank: #2918585 in Books
- Published on: 2014-01-01
- Original language: English
- Number of items: 1
- Dimensions: 8.27" h x .60" w x 5.83" l, .75 pounds
- Binding: Paperback
- 284 pages
Review
"I am thrilled that you have found our research useful in the publication of your book, and also find your explanation of "why" 40 percent of students report not receiving federal student loan counseling fascinating."
Healey Whitsett - National Economic Research Associates (NERA)
From the Author
I began a career in banking in the early 1980s and have been able to maintain a front-row seat while watching the financial crises shift from agriculture to housing to college student loans. In the past five years in banking, in particular, I have seen steady increases in the sheer number of student loans and in the total amount of college debt.
The bank I work for is not a direct student loan lender, in either federal or private student loans. It is likely to encounter student and parent loans when consumers are applying for other types of loans, such as car or house loans, and their college loans are verified on a credit report and included in a repayment ratio analysis. Whenever that situation occurs, I often ask general financial questions about their existing college loans, such as loan amounts, interest rates, whether the interest rates are fixed or variable, and the maturity dates. Very few borrowers know the answers to those basic loan questions. They typically know a monthly payment amount, but only if the loan is already in repayment mode. There are also people who do not know that they have college debt until it is verified on a credit report under their Social Security number; they do not realize that their financial aid awards were actually neatly packaged loans and do not remember signing or accepting any loan offers.
The lack of basic understanding and the overall confusion that students have regarding their own college debt is discouraging, especially considering that paying for a college degree could be the second-largest investment they will make in their lifetime, after their house. I interviewed college financial aid counselors and learned that students are basically being left alone to figure out a confusing financial aid process and there is very little loan counseling required for students to attend. I wrote this book to help students and families prepare financially for college and be able to protect their financial independence along the way.
I hope you find some 'light bulb' moments of your own while reading the book.
From the Back Cover
"A big part of school loans these days is confusion. You know, what do I have, where do I have it, how much do I have, what's going on?" - Financial Aid Counselor
Students, parents, grandparents, and anyone paying for college gain a competitive edge by reading College Financial Aid: Highlighting the Small Print of Student Loans. Carol Jensen helps families figure out a confusing college financial aid process; there is currently no one-stop shop for them to rely on. Jensen compares private and federal loans and recommends new borrowing limits. Employers prefer to hire job applicants with college degrees and good credit scores. This book helps students prepare for employment, protect their financial independence, and avoid the need to live with their parents after college.
Carol Jensen gives readers a front-and-center view of college financial aid counseling that has been been by few others. This book offers students and families a wealth of information to determine their best options on where and when to attend college and just how to pay for it.
Carol Jensen holds a PhD in educational leadership and has a master's degree in business administration. She has worked in the banking industry since the early 1980s. Residing in Iowa, Dr. Jensen also writes and teaches courses in business, finance, research, and higher education.
Most helpful customer reviews
2 of 2 people found the following review helpful.
PrePublication Review
By No Name
This will be a wonderful resource to anyone considering a government or private student loan. This well written analysis of financial aid is way over due. Finally, someone applies debt ratios to expected monthly income -- a tool that the real estate mortgage loan brokerage industry has used for years. Carol Jensen provides both consumers and lenders the student loan equivalent of the "three Cs" for student loans: Character, Collateral, and Credit. Well done!
Who should buy this book? Those people and institutions interested in financing higher education including: college financial aid officers, private student loan lenders, students, parents asked to cosign on loans, and politicians assessing federal aid guidelines.
Yes, buy this book before you sign the loan documents!
College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen PDF
College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen EPub
College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen Doc
College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen iBooks
College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen rtf
College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen Mobipocket
College Financial Aid: Highlighting the Small Print of Student Loans, by Carol Jensen Kindle
Tidak ada komentar:
Posting Komentar