Personal Finance and Money Management

I recently released my co-signer from the burden of being responsible for my student loan payments. A co-signer is responsible for the payment of a student loan if the student who ‘owned the loan’ was unable to make payments, and deferment or forbearance wasn’t an option.

I thought this would be an easy, no ceremony process needed. I didn’t realize how big of a deal this can be to your co-signer, the relief, and the adult-like responsibility you embody when youplete this process.

You see, I AM and adult . I’ve been out of my undergraduate school for almost 10 years, but have been in and out of graduate school since that time in order toplete a Master’s and a PhD. My father,

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For example, Dr. Robert Mendenhall, President of Western Governor’s University, was one of the presidents in attendance and has helped develop a tuition model unlike most others. Instead of charging tuition per credit, WGU charges a flat rate tuition for a six-month period. Heres how WGU describes their tuition and costs:

WGU treats all students as full-time and charges tuition at a flat rate regardless of the number ofpetency units attempted orpleted by the student. The standard term is based upon a full-time enrollment of at least 12petency units for undergraduate students and 8petency units for graduate students. S

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The tool works for about 80% of all filers, but in some special cases, tax information should still be inputted manually. If you meet the criteria below, then feel free to use the tool!

• A valid SSN
• A filed tax return for the previous year
• An unchanged marital status as of December 31 of the prior year

• You did/will not file, or filed an amended tax return for the previous year
• Your tax status is Married, Filing Separately
• You filed taxes outside of the US

The IRS data retrieval tool bes available for the 2013-2013 FAFSA on February 1, 2012. Some of you out there may be wondering well what do I do if I file my FAFAS before then?

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Most experts, even those who agree with the movements aims, would describe these goals as unattainable. The theory behind the campaign is that if 1 million students refuse to pay, they would face minimal consequences due to safety in numbers. But many experts on student finance worry about the impact on anyone who stops paying: student loans cannot be discharged in bankruptcy; lenders especially the federal government will go to great lengths to go after debt; and some borrowers currently frustrated by their debt may not realize the impact of non-payment on future financial goals.

For federal loans, once you miss a payment, you are considered in a state of delinquency.

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