New Scams Offer Student Loan Forgiveness

by Patrick Reddick | May 27, 2022 | College Planning Articles, Financial Wellness

By Terri Miller, FTC.gov The U.S. Department of Education recently announced another extension of the student loan payment pause. This time the pause runs through August 31, 2022. That news puts student loans back in the headlines, along with discussion of some...

How to Spend your College Grad Money Wisely

by Armco CU | Apr 8, 2021 | College Planning Articles

College graduates – spend your gift money wisely! Congratulations! You just graduated from college. While it may be tempting to take your graduation gift money and spend like crazy, using the money wisely will set you up for a healthy financial future. Here are...

IRS Imposter Scam Targets College Students and Staff

by Armco CU | Apr 6, 2021 | College Planning Articles

by Ari Lazarus Consumer Education Specialist, FTC If you’re a college student, faculty, or staff member, you’re going to want to pay attention to this one. IRS imposters are sending phishing emails to people with “.edu” email addresses, saying they have information...

How to Read and Evaluate Your Financial Aid Letter

by Armco CU | Apr 5, 2021 | College Planning Articles

By Edmit College Planning Key Takeaways: Start with the full cost – including all categories of expenses. Then, look for your “free money” – money you won’t have to earn or pay back. Subtract to see your “net price” –...

What degrees offer the best and worst ROI?

by Armco CU | Jan 25, 2021 | College Planning Articles

Degrees with the best average ROI Among the most important factors determining projected ROI is undergraduate degree choice. This is because there are considerable differences in lifetime earnings across different majors. Grouping college majors into 13 broad...

Five Ways College Students Waste Money

by Armco CU | Jan 13, 2021 | College Planning Articles

Going to college is expensive, no doubt about it. Between textbooks, tuition, housing, utilities, and maintaining a social life, managing your money can be challenging. So, here are a few habits to avoid if you want to save more of your money. 1. Buy new textbooks...

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