Mark Kantrowitz

Find all of Mark Kantrowitz’s quotes that have been published in 10 different articles on this page. Mark Kantrowitz’s quotes are organized by date and topic, making it easy for you to compare, for example, what Mark Kantrowitz has said both recently, and in the past, on a variety of topics. Some of the topics Mark Kantrowitz likes to comment on include college and money. Most recently, Mark Kantrowitz said, “Loan limits, even in rules of thumb like this, should not be targets. Borrow as little as you need, not as much as you can.”.

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Loan limits, even in rules of thumb like this, should not be targets. Borrow as little as you need, not as much as you can.

Live like a student when you're in school so you don't have to live like a student after you graduate.

It is a real consideration for some. They arrive on campus and form a first impression. More time will allow them to make a more deliberative, informed impression.

You get in, you get a great offer, it gives you more time to slack off. Offers of admission are conditional - they are dependent on final grades. If you have a serious slump, the school could rescind the offer.

What you would do is write a letter to the college detailing the unusual circumstances. [Tell them] it's a one-time event, that's not reflective of the family's ability to pay.

It's a holistic review. If you just lost your job but you also won the Mega Millions jackpot, then the college will take both factors into account.

You'd want to be cautious about artificially inflating your income.

This could be implemented entirely through the regulatory process.

The country is getting a bargain with public service loan forgiveness. As a society, it is a lot cheaper to provide loan forgiveness for people who want to pursue public service than pay them higher salaries.

It replaces student loan debt with tax debt.

To my knowledge, this is the first program that matches the use of college savings to pay for college.

Your greatest asset is time. So if you take out the money early on, and you're telling yourself you're going to put the money back in, you've reduced the amount of time for the money to compound.

It's one thing [to take out the money] if the child didn't go to college and is never going to go to college, or if they went to college and there's money left over.

With automatic payments, most borrowers quickly adjust their spending and avoid missing payments.

It's very easy to forget you have student loans with the grace period. It can sneak up on you.

The most effective crowdfunding is to ask friends and family.

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