http://www.educationnews.org/higher-education/cfpb-releases-online-financial-aid-comparison-tool/ Education News Wed, 22 May 2013 01:17:13 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.educationnews.org/higher-education/cfpb-releases-online-financial-aid-comparison-tool/#comment-8977 CFPB Releases Online Financial Aid Comparison Tool : online degree diploma Sat, 05 May 2012 03:45:12 +0000 http://www.educationnews.org/?p=211420#comment-8977 [...] “Student loan debt has crossed the $1 trillion denote and tuition continues to climb,” declared CFPB Director Richard Cordray. “Now besides than ever, students and their families exigency to know before they owe. Our Financial Aid Comparison Shopper helps students issue apples to apples comparisons of their offers and collect the one that works best towards their financial future.”Source [...] [...] “Student loan debt has crossed the $1 trillion denote and tuition continues to climb,” declared CFPB Director Richard Cordray. “Now besides than ever, students and their families exigency to know before they owe. Our Financial Aid Comparison Shopper helps students issue apples to apples comparisons of their offers and collect the one that works best towards their financial future.”Source [...]

]]> http://www.educationnews.org/higher-education/cfpb-releases-online-financial-aid-comparison-tool/#comment-8213 Jay Mon, 16 Apr 2012 22:49:59 +0000 http://www.educationnews.org/?p=211420#comment-8213 CFPB's tool for estimating and comparing tuition costs is very helpful, but when I did a cost comparison for three schools, it became immediately clear that far more important is being able to get some kind of a financial aid. So in my comparison, the sticker price for MIT ($55,270) was much higher than the one for the average four-year private non-profit university ($42,224). However, when you subtracted the average grants and scholarships, the average private school overtook MIT by a wide margin ($26,694 vs. $18,644). For more: http://blog.unibulmerchantservices.com/does-calculating-your-debt-help-reduce-it. CFPB’s tool for estimating and comparing tuition costs is very helpful, but when I did a cost comparison for three schools, it became immediately clear that far more important is being able to get some kind of a financial aid. So in my comparison, the sticker price for MIT ($55,270) was much higher than the one for the average four-year private non-profit university ($42,224). However, when you subtracted the average grants and scholarships, the average private school overtook MIT by a wide margin ($26,694 vs. $18,644). For more: http://blog.unibulmerchantservices.com/does-calculating-your-debt-help-reduce-it.

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