Student Loan Reform Made The American Colleges More Affordable
Reduced-fair education
Reduced-fair education
It is indisputable that choosing a college, the material side should be taken into consideration. What if your family would not save enough money for college even if had started economizing since the childs birth? Fortunately, there are more ways out than it may seem.
Inspect all the existing laws concerning the reduced-fair education;
Do not hesitate to have a claim on the advantage even if your family income seems to be too high for it.
It is very important to be well-informed, as some latest reforms may change lots of destinies for better. For example, families with income lower than 180000 USD have to pay only 10% of their income at Harvard. Did you know about that?
Congress passed the Student Loan Reform
On March 25 the bill concerning the Student Loan Legislation was passed. 61 billion USD will be reinvested in order to make college more affordable. It will expand the program of income-based repayment for those who take their first loans after 2014. This is great news, isnt it?
Other factors influencing the choice
But prestige of this or that institution should not be an only factor determining the choice. The education presupposes an opportunity for personal development and professional growth. That is why it is not less important to choose the college suiting the childs abilities and interests. Sometimes it is a point of honor for a family and a personal tragedy for a child. The position does not make the man, but the man makes the position.
Feeling ill at ease at the campus and at class the child will not be able to develop his talents. It will lead to general dissatisfaction and can ruin the personality. Perhaps, these examples run to extreme, but they are bright enough for getting to the point. While thinking of the payment for the college the interests of the child must remain the first concern for parents.