How Does Interest Rate Factor Into College Loan Costs?

 

When you’re calculating college costs, you can’t forget about the interest rate.

Well, you can forget, which is the problem with all loans. You stare at the sticker price on a car, and consumers often don’t think about the interest rate attached. You buy a $200,000 home, for instance, and you don’t think about the 3.92 percent interest rate — meaning that the total cost of the home over 30 years of payments is actually $340,427.

College Application Week Supports High School Seniors

College Application Week Supports High School Seniors

College Application Week is a useful tool for all students, especially high school seniors, unsure about post graduate plans. The week long event was a huge success and great opportunity for students to receive help applying to college, not to mention the waived fees for select schools!

College Foundation of North Carolina representative, Laura Misner shares additional information about the week long event and three important college enrollment steps: Residency,