Westminster warns on college debt and loan alternatives
Westminster officials urge planning to fund education and seek non loan options like scholarships. They cite 2014 15 tuition averages for public and private colleges and note federal loans are common, with parents increasingly helping via Parent PLUS loans or home equity lines while advising against tapping retirement funds due to tax penalties and aid impact.
MENTIONED IN THIS ARTICLE
College Board
Westminster
Experian
Gerber
Discover
Ber Sal
Bill
Tina Nesbitt
Neshannock Township
University of Pittsburgh
Slippery Rock University
Westminster College Debt Burden Highlights Student Loans
Readings show Westminster College graduates carry substantial debt with average federal and private loans around 25 000 to 32 000 dollars and 2013 debt percentages at 81 for Westminster graduates 30 Pell Grant recipients in 2012 13 and Pennsylvania average debt at 32 526. Parents discuss financing college through loans co signers and budgeting while graduates face monthly payments and career planning amid high debt. Leah Hunter notes more than two years postgrad debt and ongoing repayments while pursuing further study at Penn State.
MENTIONED IN THIS ARTICLE
Westminster College
Pennsylvania
Westminster
The
Institute For College Access and Success
Leah Hunter
Leah
la Lave
Gerber
Penn State
Lateran
University of Pittsburgh
Jshelenberger
Ncnewsontine.com
Also Mentioned on This Page
Page al
New Wilmington
Dave Hunter
Hunter
Edinboro University
Bryn Mawr College
Philadelphia
Lauren Simpson
Gibsonia
Simpson
Ger
Facebook
Com
Newcastlenews
Lawrence County
West State Street
New Castle
Lutheranseniorlife.org
Lutheran SeniorLife and
Heritage Valley Health System