Arizona best payday loans

Gage ily to go to college, get his degree from the University of California at San Diego, and eventually become a cardiologist.

But then he and his parents took a look at the financial aid award. He was given a grant for a little less than $3,000. And the school, which determines how much a student can take out in federal loans, will let him borrow just $6,800.

Now, not only does Gage face borrowing more than $27,000 over four years, but his parents will need to take out about $72,000 in higher interest loans.

Paying $18,000 out of pocket per year is more than his parents Stacy and Alfred Marquez can afford. On an income of less than $100 payday loans in Arizona,000, there’s not much left after paying the mortgage, two car payments, health care premiums, braces for their eighth-grader, and food for three boys.

The family also has high medical costs, since one of Gage’s brothers has a learning disability and the other has a heart condition — which inspired Gage’s interest in cardiology. His mother, Stacy, has stayed home to raise her boys.

The ily once had some savings put away for college. But they had to live off that money when Gage’s father, Alfred, lost his job during the recession. (more…)

In our preferred specification we include controls for educational outcomes (specifically school sector, degree attained, and major choice) because these covariates could affect earnings and homeownership conditional on tuition. (more…)

In order to benefit from our new driver tips, you need some wheels to get around in, so let’s start with a quick guide to budgeting for and buying your first vehicle.

1. Payment plans that make buying a car as a recent grad easy
2. Budget
3. Safety
4. Payment plans that make buying a car as a recent grad easy

Unless you’re paying in cold hard cash, chances are you’ll be taking out a car loan to finance your purchase. This might sound daunting, as buying a car is probably the most expensive thing you have ever purchased at this point in your life if you’re a recent grad.

It’s exhilarating (or relieving depending on your perspective!) to think about graduating from high school and heading off to college. It’s exciting to think about driving from your apartment to campus or exploring restaurants and concert venues in your new city. However, there are minor details that can make a major difference in your financial health.

Besides cash, taking out a loan is another way to purchase a car. However, most grads don’t have a credit history. Establishing your credit is another route, but it takes at least six months and by then you’re already attending class!

The first step is to set up a budget for yourself at college so you know how much you can afford to spend on a car. Car payments and car-related expenses generally shouldn’t exceed 20 percent of your income.

The newest trend in automotive financing is car loans made over 73 to 84 months (6 to 7 years). This means you’ll pay more interest over the life of the loan. Opt for a shorter loan length if possible.

Now that you’ve created a general budget for your over-all living costs, create a car budget. Cars aren’t simply the cost of the car. There’s also maintenance, insurance, registration, fees, taxes, and fuel costs to consider. (more…)