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Online Textbook Rentals Catching On


Jul 8, 2009
While fall classes may still seem far off for many students, incoming college freshmen and transfer students are already attending summer orientation and registration sessions. Choosing classes leads directly to one of college's biggest sticker shocks: the price of textbooks for those introductory classes. With individual texts regularly carrying triple-digit price tags, a semester's worth of textbooks you may never touch again can seem an unreasonable expense. Increasingly, students skilled in money management are finding an array of options to make acquiring textbooks less painful. Used bookstores abound just off campus at many colleges, giving the campus bookstore some competition and mitigating prices at least to some extent. Particularly on-the-ball students race to the university [...]
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89 months ago 0 comments

With unemployment continuing to rise, college savings funds still performing poorly, and some states being forced to make cuts to grant and scholarship programs, many students are likely to be facing a very different financial situation when it comes to paying for college in 2009, as opposed to 2008.  Students who have experienced a significant change in their financial circumstances since [...]

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Today is May 29, also known as "529 College Savings Day," named after 529 plans, which are popular state-sponsored college savings plans.  Today has been designated as a day to raise awareness of the importance of saving for college, as well as ways to do so. While 529 plans suffered along with everything else in the stock market, they are still being emphasized as a valuable tool for saving [...]

91 months ago 0 comments Read More

Student loans and credit cards make up the two most dangerous, and often difficult to avoid, debt traps for college students.  While some amount of borrowing for college can make life easier for students, too much debt can make life nearly impossible for graduates.  The same goes for credit cards.  Having a card is great for emergencies and your credit rating, but running up a large balance while [...]

92 months ago 0 comments Read More

While an increasing number of college students received financial aid in the 2007-2008 academic year, that calendar year students also ran up more credit card debt.  The average college student owed $3,173 on credit cards in March 2008, compared to $2,169 in 2004.  This information comes from the student lender Sallie Mae, which has been tracking students' credit card debt since 1998. The study [...]

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Nervous about shelling out big bucks for a college degree in this economy? Here's a compelling reason to go to college: data collected by the Bureau of Labor Statistics for 2008 indicates that higher education attainment still translates to a lower rate of unemployment and a higher salary.  A handy graphic here breaks it down. The annual average unemployment rate for adults over 25 with only a [...]

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On the heels of last week's announcement that Sallie Mae would not participate in the upcoming PLUS loan auction, the student lending giant once again comes bearing news that may ruffle some feathers and potentially hurt its customers' ability to pay for school. In a move to reduce default rates, Sallie Mae has announced changes to their popular private loan program.  As of next week, borrowers [...]

93 months ago 0 comments Read More

New college grads may face an especially tough time due to the recession.  The growth in anticipated new hires, which is measured twice a year by The National Association of Colleges and Employers, has been slowing since it reached a high in spring 2007, falling almost flat in the fall.  The numbers for spring 2009 show that for the first time in years, businesses actually anticipate hiring fewer [...]

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While April may be the cruelest month, March can be especially rough for students bound for college or graduate school.  Late March and early April are when admissions decisions and financial aid letters roll out for those not immediately accepted or rejected by their dream schools, and around now, things are getting pretty agonizing.  While a large part of March is consumed by waiting, even [...]

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Continuing our theme from yesterday, today's blog post centers on more options for saving for college.  Yesterday, we discussed 529 plans, popular college savings vehicles that have been battered by recent financial troubles.  If you're considering saving for college but are not sold on a 529 plan, the most common alternatives are discussed below. Coverdell ESA. Coverdell Education Savings [...]

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Paying for college can be a struggle.  Nobody wants to repay student loans forever, not everybody is going to land a full-tuition scholarship, and federal student financial aid seldom takes care of all college costs.  If you're a parent or relative looking ahead to cover college costs for a child, finding scholarships is a great step now, but you may also want to consider college savings [...]

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The recession seems to be bringing an almost constant stream of stories about people in all sorts of circumstances who are facing new and varied financial troubles.  These stories could easily be read as a guide for "things not to do in a recession."  The latest addition?  "Default on your student loans." While neglecting even one payment is a bad idea at any time, borrowers who have found [...]

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As we mentioned last month, financial aid application deadlines are fast approaching for the coming fall.  While students technically have until June 30, 2010 to complete a FAFSA on the Web for the 2009-2010 school year, state aid deadlines happen much sooner with some occurring as early as February--this February.  So if you're waiting to do your taxes first or just generally procrastinating on [...]

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Scholarships.com has become the first free scholarship search website to adopt the Scholarship Data Standard, a time-saving open data standard that allows college and college-bound students to apply for multiple scholarships by completing one form. While many colleges and universities share a common application for admissions, currently students must apply separately for each scholarship offered [...]

95 months ago 0 comments Read More

If you're planning to enroll in a community college sometime in 2009, be sure to plan ahead.  While in the past, late registration may have resulted in students not getting a class or two they wanted, increased interest in two year schools may produce an even more pronounced effect.  Community colleges across the country are receiving more applications and admitting more students for the [...]

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While the focus for many students right now is planning for and paying for the next year of college, some students are still struggling with bills from the current or previous semester.  An e-mail survey by the American Association of Collegiate Registrars and Admissions Officers reports a perceived increase in unpaid tuition bills in the 2008-2009 academic year.  While being caught short on one [...]

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Though it's a day off from school and work, New Year's Day is often seen as a day to get down to business.  While you're starting in on your New Year's resolutions, opening up a new calendar, and packing up the holiday decorations, there's one more thing that college students and college-bound high school students should consider doing.  The Department of Education starts accepting the 2009-2010 [...]

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