What’s it really like to try and afford college on a working-class income? A new book reveals the harsh realities that parents and students face in trying to manage overwhelming tuition bills. Part memoir, part how-to guide, this ebook is a quick but compelling read that will give you the honest truth about the obstacles and challenges these families face.
Written by Bobbi on August 22, 2015 @ 5:48 pm
If you are planning to go to college – or have a child who will soon be heading to college – you will likely be hoping to get some type of financial aid. It’s important to understand the major factors that will determine your eligibility for aid.
Financial aid eligibility – and the amount of aid you will receive – is determined mainly by your EFC. Your EFC is your Expected Family Contribution. This number is critical in determining your financial aid, or whether you get any at all. It’s important to know what factors are considered in the formula to determine your EFC. (Note: we are focusing mainly on the EFC calculated by the FAFSA. Many schools also use other forms to determine financial aid eligibility.)
Filed under: featured, financial aid, school stuff, Uncategorized
I am constantly seeing chefs and health/nutrition experts on TV claiming it’s a myth that it costs a lot to eat a healthy diet. They go through all of these examples to disprove this “fallacy,” which usually involve some really unbelievably low prices for the healthy options. Well, sorry—I’m just not buying it.
Granted, maybe they live/shop in an area with more grocery shopping options, or in a region where the warmer climate makes fresh produce easier to get (and therefore more affordable). But that’s not the case in my area.
The food shopping options within a 25-mile radius of my home consist of a Walmart and two mid-sized grocery stores that are part of a regional chain. Despite the fact that I’m a pretty savvy shopper, I’ve been unable to buy nutritious grocery items without spending a fortune. (more…)Written by Bobbi on August 2, 2015 @ 10:20 pm
In news that probably won’t surprise anyone (at least, none of us Broke Parents) the NY Times recently did a report that found low-income students face a huge struggle in the quest to attend—and more importantly, finish—college. The story found that a large percentage of those who do manage to start college end up dropping out, usually after incurring a lot of student loan debt which will continue to haunt them long after they’ve given up on their dreams of becoming a college graduate. For those of us who have struggled to get kids through school, we know that there needs to be more resources and support systems to help these students (and their parents).
Image courtesy of FrameAngel / FreeDigitalPhotos.netWritten by Bobbi on July 21, 2015 @ 2:18 pm
If you’ve found yourself needing some quick cash recently, you may have considered heading to a pawn shop. You’re not alone. The bad economy has prompted many people to visit a pawn shop for the first time. “We are seeing more people who have never been in a pawn shop before looking for short term solutions without having to sell the farm,” says Rick Harrison, whose family owns the Gold & Silver Pawn Shop in Las Vegas and stars in The History Channel series Pawn Stars.
(Note: a pawn shop can also be a great place to find bargains, especially on stuff like electronics and jewelry.)
For the most part, there’s no good reason to not check your credit score. There are so many places you can get free credit scores, so access isn’t an issue, and even though all those scores are a bit different, they can be very helpful as you make financial decisions. Checking your credit scores is more »
You may have heard that college in this country isn’t cheap. Maybe you’ve even encountered this firsthand for yourself, a child or another family member. But knowing that getting a degree is going to be expensive doesn’t mean you know how to pay for it. When you are a student or even parent of a more »
Many people assume that having a steady, full-time job is enough to at least keep someone living in a decent manner, but as this special report notes, that’s not necessarily true. The shocking reality is that at least 10% of people with a full-time job are still living in poverty. A good job may be more »
It’s financial aid application time, and students (and parents) are eager to get as much help as they kind. To that end, they may even be tempted to skirt the rules a bit. But as this story notes, that can really come back to haunt you. There are legitimate ways to get better offers, but more »