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HOW TO PAY FOR COLLEGE

PAYING FOR COLLEGE NEWS

Financial resources to cover tuition and expenses are scarce. Student loans have driven up the cost for college and college expenses. Less than 10% of students can get a scholarship. Family wealth matters more than ever because tuition must be paid out of retirement money. High tuition causes parents to make a Sophie's Choice on which child to bestow educational freedom. And, borrowers simply cannot afford anything bad to happen to them during repayment.
PAYING FOR COLLEGE PODCAST
Podcast Subjects: 529 savings plan for parents and for grandparents; avoid credit cards; budget; Certificates of Deposit; cheap college strategy; college savings plans; coupons; course load requirement expenses; debt trap; difficult; discounts; early graduation; extra expense; free college requirements; grants; loan forgiveness-related majors; lottery; military; mutual funds; non-skilled; planned parenthood; profit; projected income knowledge; recession proof plan; regular loan; rental property; retirement; scholarships; skilled; stocks; student loans; too big to fail; tuition assistance; tuition range; vacation; wage premium; weddings; work study

2025 news on how to pay for college

Date
Strategy
URL
7/12/2025
Student Loan Forgiveness Payment Count Temporarily Halted By Department Of Education
https://www.msn.com/en-us/money/careersandeducation/student-loan-forgiveness-payment-count-temporarily-halted-by-department-of-education/ar-AA1Iuyrf?ocid=msedgntp&pc=HCTS&cvid=7e1a545a4b9a4bce9c3c5e81c6b45217&ei=15
7/9/2025
(Alert) Student loan interest will restart for millions of SAVE borrowers
https://www.msn.com/en-us/news/us/student-loan-interest-will-restart-for-millions-of-save-borrowers/ar-AA1IhMMG?ocid=msedgdhp&pc=EDGEESS&cvid=bef9ec30a9b14ab4881f1e0b7ee80ae5&ei=24
7/4/2025
3 Ways Student Loans Can Be Forgiven For Volunteer Work
https://www.msn.com/en-us/money/careersandeducation/3-ways-student-loans-can-be-forgiven-for-volunteer-work/ar-AA1HXplj?ocid=msedgntp&pc=HCTS&cvid=7de615f20f1c458188bb753362050aee&ei=18
7/3/2025
[ALERT] The 5 huge changes coming for student-loan borrowers and colleges under GOP megabill(see also our brief summary/list on our College Value page)
https://www.msn.com/en-us/money/personalfinance/the-5-huge-changes-coming-for-student-loan-borrowers-and-colleges-under-gop-megabill/ar-AA1HV27q?ocid=msedgntp&pc=HCTS&cvid=782c559ce051472ebf179963cab3e4c6&ei=14
7/1/2025
Millions of Student Loan Borrowers Received Erroneous 'Approved' Emails Amid Debt Relief Program Freeze
https://www.msn.com/en-us/money/personalfinance/millions-of-student-loan-borrowers-received-erroneous-approved-emails-amid-debt-relief-program-freeze/ar-AA1HO9R4?ocid=msedgdhp&pc=EDGEESS&cvid=1dbcb2210a41428b88b4829c3e023f83&ei=47
6/19/2025
12 Brutal Lessons I Learned After Signing a Student Loan Without Reading It
https://www.msn.com/en-us/money/personalfinance/12-brutal-lessons-i-learned-after-signing-a-student-loan-without-reading-it/ss-AA1GO1cC?ocid=msedgdhp&pc=EDGEESS&cvid=b79bfd8a429949f5a4c4810240f0504f&ei=39
6/19/2025
The Hidden Cost of Student Loan Forbearance Might Be More Than You Expect
https://www.msn.com/en-us/money/personalfinance/the-hidden-cost-of-student-loan-forbearance-might-be-more-than-you-expect/ar-AA1GYVFI?ocid=msedgdhp&pc=EDGEESS&cvid=dc4686624ff94b939c6bdd0438bd17c2&ei=16
6/12/2025
Education Department says it will not garnish Social Security of student loan borrowers in default

6/5/2025
Borrowers Can Still Get Student Loan Forgiveness. Here’s How
https://www.msn.com/en-us/money/careersandeducation/borrowers-can-still-get-student-loan-forgiveness-here-s-how/ar-AA1FXjXg?ocid=msedgntp&pc=HCTS&cvid=7d3d036bdee546f383a97b7ba3350716&ei=18
6/5/2025
7 Countries With the Best Student Debt Systems and 3 With the Worst
https://www.msn.com/en-us/money/careersandeducation/7-countries-with-the-best-student-debt-systems-and-3-with-the-worst/ss-AA1FWf1l?ocid=msedgntp&pc=HCTS&cvid=f1c106b134024b3dba8679453507c8e8&ei=20
5/26/2025
Student Loan Defaults Spike As Trump Ends Biden's Pause On Late Payment Tracking - Black Borrowers Hit Hardest
https://www.msn.com/en-us/money/other/student-loan-defaults-spike-as-trump-ends-biden-s-pause-on-late-payment-tracking-black-borrowers-hit-hardest/ar-AA1F0NZc?ocid=msedgntp&pc=HCTS&cvid=f3d8f79dfbc1450aa079b9eea2cce503&ei=18
5/26/2025
The consequences of defaulting on student loans during the Trump Administration are listed
https://www.msn.com/en-us/news/us/the-consequences-of-defaulting-on-student-loans-during-the-trump-administration-are-listed/ar-AA1F8Qxw?ocid=msedgntp&pc=HCTS&cvid=f64979e773124aa5bc10fe0745602ff9&ei=32
5/26/2025
Trump’s War Against Higher Education Hits the Sector’s Bonds
https://www.msn.com/en-us/money/markets/trump-s-war-against-higher-education-hits-the-sector-s-bonds/ar-AA1FhNTZ?ocid=msedgdhp&pc=EDGEESS&cvid=b8cb70a1408440a691d78e6141716e03&ei=36
5/15/2025
7 Signs You’re Headed Toward Student Loan Trouble (and How to Stop It)
https://www.msn.com/en-us/money/personalfinance/7-signs-you-re-headed-toward-student-loan-trouble-and-how-to-stop-it/ss-AA1EMs4q?ocid=msedgntp&pc=HCTS&cvid=a92a378da33a49989c9b34227d24c2fb&ei=161#image=9
5/12/2025
These Are the 27 States That Guarantee a Personal Finance Course for All High Schoolers
https://www.msn.com/en-us/money/careers/these-are-the-27-states-that-guarantee-a-personal-finance-course-for-all-high-schoolers/ss-AA1Db1Sr?ocid=msedgntp&pc=HCTS&cvid=de70adfed25544c7b91cb1dc6e338809&ei=36
5/9/2025
(Alert) Student Loan Borrowers, You Have Until Summer to Prevent Your Wages From Being Garnished
https://www.msn.com/en-us/money/personalfinance/student-loan-borrowers-you-have-until-summer-to-prevent-your-wages-from-being-garnished/ar-AA1DllhO?ocid=msedgdhp&pc=EDGEESS&cvid=37a181eb78b848fc84af00f3ec5e7527&ei=16
5/1/2025
Stay up-to-date on court actions affecting IDR plans.
https://studentaid.gov/
4/30/2025
(Alert) Student debt has jumped by $3,000 in just one year ($40,000 on average)
https://www.msn.com/en-us/money/personalfinance/the-40k-graduation-gift-nobody-wants-student-loan-debt-hits-new-high/vi-AA1DM4DR?ocid=msedgdhp&pc=EDGEESS&cvid=716b97dfef8e4b5bb2584958dfa3353f&ei=14
4/30/2025
MOHELA Faces Multi-State Loan Servicing Probes
https://www.msn.com/en-us/money/careersandeducation/mohela-faces-multi-state-loan-servicing-probes/ar-AA1DUp6R?ocid=msedgntp&pc=HCTS&cvid=3418e0dc97c54047adbbc199c0a0c5c1&ei=44
4/24/2025
Warren probing impact on students, teachers from Education Dept. cuts
https://www.msn.com/en-us/news/politics/warren-probing-impact-on-students-teachers-from-education-dept-cuts/ar-AA1DwfVF?ocid=msedgdhp&pc=EDGEESS&cvid=8a5d9eead9e0427ff36b2bd0a97f91d3&ei=106
4/21/2025
(Alert) Student Loan Collections Resume May 5
https://www.ed.gov/about/news/press-release/us-department-of-education-begin-federal-student-loan-collections-other-actions-help-borrowers-get-back-repayment
4/19/2025
Key Dates For Student Loan Borrowers In 2025
https://www.msn.com/en-us/money/personalfinance/key-dates-for-student-loan-borrowers-in-2025/ar-AA1DdK1E?ocid=msedgdhp&pc=EDGEESS&cvid=07b32b5e28c647e59b91e7c2381fec7a&ei=11
4/12/2025
Income-driven repayment plan (IDR) applications will resume immediately for single borrowers (and select married borrowers)
https://www.msn.com/en-us/money/personalfinance/student-loan-idr-processing-resumes-but-raises-new-questions/ar-AA1CMmZP?ocid=msedgdhp&pc=EDGEESS&cvid=4bd3d6d8d7e1406ab716b04da140bda3&ei=32
4/6/2025
How to repay student loans now (tips)
https://www.msn.com/en-us/money/careersandeducation/here-are-some-student-loan-repayment-tips-amid-challenging-times-for-borrowers/ar-AA1Coukr?ocid=msedgntp&pc=HCTS&cvid=9855b5a67ad94644a8fc68a98ebf1273&ei=14
3/30/2025
Degrees aren’t enough: Why educated professionals are now juggling multiple jobs to stay afloat in today’s economy
https://www.msn.com/en-us/money/personalfinance/degrees-aren-t-enough-why-educated-professionals-are-now-juggling-multiple-jobs-to-stay-afloat-in-today-s-economy/ar-AA1BLfB9?ocid=msedgntp&pc=HCTS&cvid=b25a3782abfd49bbb35e1f4ebd8ea537&ei=16
3/26/2025
(Alert) Per court order, the Education Department reopened applications for repayment plans but with no processing time-line
https://www.msn.com/en-us/money/personalfinance/education-department-reopens-suspended-student-loan-repayment-applications/ar-AA1BIe3u?ocid=msedgntp&pc=HCTS&cvid=4d0f05ffc35a41189943e8a0e1b7b9bc&ei=11
3/21/2025
(Alert) The U.S. Small Business Administration now runs the federal student loan program
https://www.nbcnews.com/video/trump-announces-the-small-business-administration-will-handle-student-loans-235043909909
3/17/2025
(Alert) Borrowers currently enrolled in Income-Contingent Repayment, Income-Based Repayment, or Pay As You Earn plans are unable to recertify their loans
https://www.msn.com/en-us/money/personalfinance/are-your-student-loans-up-for-idr-recertification-here-are-your-options-while-applications-are-closed/ar-AA1B5HfM?ocid=msedgdhp&pc=HCTS&cvid=9f4b9845bb17456edb7eeb6a67b98191&ei=51
3/17/2025
Free tuition at Harvard announced for families making $200K or less
https://www.msn.com/en-us/money/careersandeducation/harvard-says-tuition-will-be-free-for-families-making-200k-or-less/ar-AA1B5Lhk?ocid=msedgdhp&pc=HCTS&cvid=564d5435254041a0aa75bf57a81c4ac6&ei=42#
3/16/2025
Fired federal workers lose student loan forgiveness
https://www.msn.com/en-us/money/personalfinance/i-was-so-close-fired-federal-workers-lose-student-loan-forgiveness/ar-AA1B0T7N?ocid=msedgntp&pc=HCTS&cvid=36ec5e6190e74eaebc21a06448ddfc5c&ei=13
3/14/2025
(Alert) Borrowers facing soaring repayments
https://www.msn.com/en-us/money/careersandeducation/trump-s-student-loan-changes-leave-borrowers-facing-soaring-repayments/ar-AA1AVk2p?ocid=msedgntp&pc=HCTS&cvid=cf8daaf88674480aa6c1b7b03de2d313&ei=19
and
https://www.newsweek.com/department-education-student-loan-payments-increase-2048407
3/12/2025
(Alert) Education Department employees fired (50%)
See Student Loan Servicer Fails here (alert)
https://www.msn.com/en-us/money/careersandeducation/student-loan-borrowers-are-going-to-feel-the-brunt-of-education-department-layoffs/ar-AA1AMRhF?ocid=msedgntp&pc=HCTS&cvid=ffaab93bcbf54e1f9b9e380a2f7f9f0b&ei=1550
3/12/2025
(Alert) Borrower consumer protections have ended
https://finance.yahoo.com/news/ex-cfpb-ombudsman-message-federal-200052816.html
3/8/2025
State tax hit on forgiven student loans (warning)
https://www.msn.com/en-us/money/personalfinance/have-you-received-student-loan-forgiveness-plan-now-to-avoid-a-tax-bomb/ar-AA1Aw98r?ocid=msedgntp&pc=HCTS&cvid=2109519f67b04c2ab6d0d8087a2d1ea0&ei=17
3/4/2025
Defrauded borrowers in limbo because of Consumer Financial Protection Bureau jobs cut
https://www.msn.com/en-us/money/careersandeducation/student-loan-borrowers-misled-by-colleges-were-about-to-get-relief-trump-fired-people-poised-to-help/ar-AA1AfmZT?ocid=msedgdhp&pc=HCTS&cvid=b2cefcc6bea64635b88d46cb27994d86&ei=13
3/2/2025
Community crowd funding
https://www.msn.com/en-us/money/other/facing-student-loan-debt-fears-americans-and-their-communities-turn-to-crowdfunding/ar-AA1A54Q9?ocid=msedgdhp&pc=HCTS&cvid=157dccd75afd47f9cf5abdb133e1cb1b&ei=20
2/27/2025
Student loan borrowers' credit scores have dropped
https://www.msn.com/en-us/money/other/steep-drop-in-credit-scores-hits-student-loan-borrowers/ar-AA1zTBP9?ocid=msedgntp&pc=HCTS&cvid=474d47b7cd9c4c2e8e182e24c2dec085&ei=11
2/27/2025
(alert) States are not prepared for the Department of Education to be abolished
https://www.msn.com/en-us/news/politics/we-re-not-prepared-states-brace-for-trump-s-plans-to-dismantle-the-education-department/ar-AA1zTD5A?ocid=msedgntp&pc=HCTS&cvid=8b71f323eff048a7ec95967fe0d931ad&ei=15
2/25/2025
(alert) Department of Education closes applications for Income-Driven Repayment plans and loan consolidation
https://www.msn.com/en-us/money/careersandeducation/department-of-education-closes-applications-for-income-driven-repayment-plans/ar-AA1zIanw?ocid=msedgdhp&pc=HCTS&cvid=bdaad3ead67047f1f5c65215c2e1a222&ei=8
2/23/2025
(alert) Dept. of Agriculture suspends scholarships for HBCUs
https://www.msn.com/en-us/news/us/u-s-agriculture-department-suspends-scholarships-for-students-at-historically-black-colleges/ar-AA1zAlNF?ocid=msedgdhp&pc=HCTS&cvid=b2c264246fda4fe88bde24872388aa55&ei=17
2/20/2025
Student loan management is in limbo now (stress)
https://www.msn.com/en-us/money/other/feeling-stressed-about-the-future-of-your-student-loans-i-m-a-financial-advisor-here-s-what-you-need-to-know/ar-AA1zsMCK?ocid=msedgdhp&pc=HCTS&cvid=693013aa000a447b96e79ccc04ddc4fa&ei=59
2/19/2025
Refinancing federal loans into private loans because of Trump’s policies

2/10/2025
(warning) Property taxes increase if the Department of Education’s duties move back to the states (expense to plan for)
https://www.msn.com/en-us/news/politics/hochul-gillibrand-warn-ny-communities-will-increase-property-taxes-if-trump-cuts-department-of-education/ar-AA1yIgzJ?ocid=msedgdhp&pc=HCTS&cvid=5ff43294104b4530c4237e198c396483&ei=62
2/9/2025
(warning—Republicans are planning to increase the cost of paying for college) Republicans plan to raise the cost of financial aid (tax scholarships and endowments; end loan repayment plans)
• https://www.msn.com/en-us/money/other/house-republicans-mull-changes-to-student-loan-programs/ar-AA1yHDcJ?ocid=msedgdhp&pc=HCTS&cvid=68c09b043b6543a29adaf67f9b3566d9&ei=38 • https://www.msn.com/en-us/money/other/to-pay-for-trump-s-tax-cuts-house-republicans-could-raise-student-loan-bills-for-millions-of-borrowers/ar-AA1yLdxk?ocid=msedgdhp&pc=HCTS&cvid=148fea7e4bcf4d96b63d34eeff1207fd&ei=38
2/3/2025 and 2/13/2025
How to get a mortgage when you have a student loan
  • https://www.msn.com/en-us/money/other/student-loan-guidelines-for-getting-a-mortgage/ar-BB1cvk92?ocid=msedgdhp&pc=HCTS&cvid=716cc292698b41bbad5dd497550031df&ei=27
  • https://www.msn.com/en-us/money/other/10-essential-student-loan-rules-you-need-to-follow-before-getting-a-mortgage/ss-AA1yZPWF?ocid=msedgdhp&pc=HCTS&cvid=58c48564d9684868c2202ca889caf514&ei=11
2/2/2025
How best to make extra payments on your loan
https://www.msn.com/en-us/money/other/how-to-make-principal-only-payments-on-student-loans/ar-AA1y81qE?ocid=msedgntp&pc=HCTS&cvid=06c6f4290de1419ece5ab1112ea8ffa4&ei=35
1/27/2025
(warning—these are just broad strokes) “start early and remain committed to the goal of education throughout a child's life”—529 Plan plus birthday gifts, dual enrollment, parttime jobs, scholarships and grants, consult a professional
https://www.msn.com/en-us/money/other/my-daughter-just-graduated-from-an-elite-american-university-and-did-it-debt-free-this-is-how-we-pulled-it-off/ar-AA1sQP16?ocid=msedgdhp&pc=HCTS&cvid=7c7977f3bf9140a6bc5514c3c51d1d13&ei=20
1/18/2025
Have an honest discussion about the financial impact on your family’s wealth (major, financial aid, ability to contribute, actual expenses); budget time and effort on obtaining aid; plan years early; keep assets out of the student’s name; have disciplined savings
https://www.msn.com/en-us/money/careersandeducation/here-are-the-biggest-college-funding-mistakes-according-to-financial-advisors/ar-AA1pBk8f?ocid=msedgdhp&pc=HCTS&cvid=ad455a475f724a56b337838310a4b2ac&ei=16
1/13/2025
Pay with a credit card (pros and cons)
https://thepointsguy.com/credit-cards/pay-your-student-loans-with-a-credit-card-and-earn-rewards/
January 2025
Pay a smaller amount and invest the money in something else instead of prepaying
https://www.msn.com/en-us/money/personalfinance/my-husband-and-i-paid-off-80-000-of-student-debt-during-the-pandemic-but-now-i-wish-we-hadn-t/ar-BB1qzpms?cvid=8F59253D69B0479A82DB8BA759FD381F&ocid=nl_article_link
10/26/2024 and 1/24/2025
Take out loans for your child or children or grandchild or grandchildren
•https://www.fastcompany.com/91217035/boomers-shoulder-the-heaviest-student-loans-but-not-for-themselves • https://money.usnews.com/loans/student-loans/articles/parent-plus-loans-vs-private-student-loans-compare-your-options• https://www.msn.com/en-us/money/other/student-loan-debt-is-growing-among-older-americans/ar-AA1xMCm7?ocid=msedgdhp&pc=HCTS&cvid=a44364300a6d42a18d0c317b476ee4cd&ei=27 • Parent PLUS Loans vs. Private Student Loans_ Compare Your Options.pdf
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