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Archives for July, 2008

Tips for Parents and Students

Although the college application process is primarily owned by the student, it’s certainly a family affair. The College Board offers parents and students tips on how to navigate through the application process, including SAT Questions of the Day and Newsletters for students and parents targeted to different grade levels.

Here are the links for subscribing:
PARENTS
STUDENTS

When it Doesn’t Pay to Shop Around

An article from today’s New York Times highlights a little-known fact about shopping for student loans. Unlike comparison shopping for home mortgages or auto loans, a query to a student’s credit report for a student loan can potentially bring down the student’s (and often the parent’s) credit score. With every attempt to find a lower interest rate, students and parents may end up paying a higher one, as banks are more likely to charge higher rates to borrowers with many credit inquiries and correspondingly lower credit scores. The article also points out how little data is available to borrowers about how different companies and credit agencies treat these inquiries.

Click here to read the full article for suggestions and further resources on student loan shopping.

Campus Living Goes Upscale

The name Vista del Sol may conjure up images of sparkling blue water surrounded palm trees swaying in the tropical sun. This isn’t far from the truth, except instead of a luxury resort, this Vista del Sol is a new student housing development opening at Arizona State University.

The Wall Street Journal today featured an article about American Campus Communities, the owner and manager of Vista del Sol, which is one of several real estate investment trusts focused on the student housing market. Their upscale accommodations provide two big advantages to universities: superior amenities to help attract students used to (or seeking out) posh accommodations, and a reduction in the time and resources universities must spend to maintain dorm buildings themselves. Within California, American Campus Communities currently provides student housing options at UC Irvine, San Diego State University, CSU Sacramento, CSU San Bernardino, and CSU Fresno. ACC’s main competitor, Education Realty Trust, has properties at UC Santa Barbara, UC Riverside, CSU Sacramento, and CSU San Marcos.

Click here to read the full article.

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