Baylor University, a Baptist institution located in Waco, Texas, is a well-respected school. Over the years, it has risen steadily in the college ratings and now ranks among the top 100 American universities. But Baylor is expensive–tuition and fees are about $50,000 a year. Low-income students can take out federal loans, but these loans are …
Parents trying to do a good thing and send their loved kids to college often blindly take out student loans. In the federal loan space, these undergraduate loans are Parent PLUS loans. The best way to think of these loans is where only one parent is financially responsible for the loan, but all the benefit …
Years ago, I was strolling along a lakeside hiking trail in a Dallas-area park. As I was walking across a wooden bridge, I looked down to see a ball of wriggling snakes below me. It was a big cluster–about the size of a beachball. I didn’t stick around long enough to determine whether the snakes …