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New Castle News in New Castle, Pennsylvania

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Newspaper

New Castle News

Location

New Castle, Pennsylvania, United States of America

Date

Aug 29, 2015

Page

8

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.

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.

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
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