4 guidelines for taking on student loan debt

Identify the average starting salary for the field the student is planning to go into, and the family should not have any more than that number in total education loans. Considering a school that would leave you with $35,000 debt for an undergraduate electrical engineering degree? That would pass the test for an acceptable amount…

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College Inside Track Alumni Newsletter – Fall 2022

Student loans and loan forgiveness – Join us for a webinar exclusive to CIT alumni on Thurs, Dec. 1 at Noon CT, on everything you need to know about student loans and loan forgiveness. 3 ways to help an overwhelmed student – Former Stanford academic coach Adina Glickman provides terrific, practical advice for parents to…

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The Parent Plus Loan: Pros, Cons, and Sneaky Financial Aid Offers

  Check out this short video on the Parent Plus Loan, where CIT’s Cozy Wittman lays out the pros, cons, and some caveats related to this loan. Parents: carefully examine how your college leverages the loan in your financial aid offer! What are the real numbers?  If the Parent Plus Loan sits about 2.5 to…

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Insider tips for the week of February 28, 2022

indecisive student

  Types of loans available – Fred Amrein provides a good summary of the various loans that may be offered to families as part of a college’s financial aid package. Key learning: The Direct Federal Loan is the only one entirely owed by the student and is limited to a total of $31,000 over all…

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Podcast: Navigating Student Loans

your life simplified

College Inside Track’s Cozy Wittman was a guest on the “Your Life, Simplified” podcast sharing her wisdom on navigating student loans. Getting accepted into the school of your dreams can be stressful enough, but then you have to think about how — and who — is going to pay for it. Cozy shares best practices…

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Paying for college – 3 new strategies

paying for college - stock market

  COVID-19 has massively disrupted the college planning and paying for college process, which has created new opportunities for families to potentially reduce their cost. Here are three new college financial planning strategies to consider (as always, please consult with a financial professional to determine if any are a fit):   Take advantage of low…

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College Inside Track Alumni Newsletter – April 2020

  3 ways to help your college student transition home – Like so many parents, CIT’s Cozy Wittman unexpectedly had her daughter back home after her campus closed due to COVID-19. Take a few minutes to read her advice on how to make that abrupt transition a success.     Federal student loan payments suspended…

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Insider tips for the week of Nov. 4, 2019

Student Loans from A to Z – Trying to figure out the borrowing side of college? Road2College.com has a nice summary of student loans and pros and cons of each type. One important message: Students should always max out federal loans before looking into private loans, but you must fill out the FAFSA to qualify…

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