by Robyn Stewart, former financial aid officer at College of the Holy Cross
Spend 10 minutes speaking with the parent of a high school senior, and I guarantee that I will spend some time dispelling some halftruths that have emerged from today’s college financing process. Anecdotal stories – you know the thing you heard that happened to your neighbor’s son’s friend’s cousin – all seem to have these magical happy endings that we understandably want to replicate.
Here are some top financial aid chestnuts that walk the fine line between myth and reality.
“Students can walk into a bank and get a student loan.”