College

Today’s Education Nation: Making the College Choice

This morning on Today I spoke with Matt Lauer and NY Times education reporter Jacques Steinberg about finding the best college for your kids – for fit and costs. Check out the video clip below to learn more.

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Ask Jean: Financial Aid

iStock_000011584618XSmallJean – On the Today show, you mentioned financial aid for college students that everyone, regardless of income, should apply for. What was it and is there a website?  Thank you – Karen

Hi Karen –
Most everyone — unless you know for certain you will not qualify for financial aid — should fill out the FAFSA, the Free Application for Federal Student Aid. It’s not fun. But I recently finished a column for the Daily News about how to make it a little easier, you can check it out here. Good luck.

Money 911: Debt While on Disability

On Today’s Money 911 we talked about tips to help clean up your credit score, and how to juggle paying student loans when you’re on disability. To learn more watch the video clip below.

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Money 911: Student Loans & Mortgages

On Today’s Money 911 we talked about how to juggle paying for school, while saving for retirement. Plus, what to do when paying for a mortgage is part of your divorce decree. Check out the clip below to learn more.

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Today’s Money: Scams in the New Year

This morning on Today I spoke with Al Roker about 5 scams to watch out for in 2011. Ever heard of smishing and vishing? Check out the clip below to learn more.

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Money 911: Managing Debt

On Today’s Money 911 we talked about buying a leased car and consolidating student loans. To learn more, check out the full video clip below.

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Should Kids Help Foot the Bill for College?

Last week, I spoke with Emily Driscoll from Fox Business about whether kids should have a hand in paying for their college tuition. Read her article here to see my take.

Money 911: Credit, Debt & Divorce

This morning on Today we talked about why a good credit score could still result in a denied credit card, and how to negotiate debt in a divorce. Check out the video below for all of the details:

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Money 911

On Today’s Money 911 we talked about planning for retirement versus saving for your children’s college education, monitoring an aging parents finances and how to prepare for an impending layoff. To learn more watch the video clip below.

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Ask Jean: Income-Based Repayment

iStock_000011584618XSmallI am a single 28 year old female and I have $180,000 in student loan debt. My debt is growing every day, regardless of my effort to pay. My annual income is $40,000. I have consulted with two separate bankruptcy attorneys who have not been able to offer any long term solutions. Do you have any solutions/advice? Thank you,
mbaker

Yes, Melinda, talk to your lender about income-based repayment. Of course your debt is growing — your income simply isn’t large enough to keep up with it. But income-based repayment is a relatively new solution that takes your income into the equation when determining how much you have to repay each month. And if after 25 years of steady payment (10 if you work in a helping profession) any remaining debt is forgiving. I hope you qualify for this. If you don’t, please let me know and we’ll strategize some more.

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