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BORROW THE REST--WISELY. If you're still having trouble affording your favorite college, don't panic. Withdrawing retirement assets can inflate your income and hurt your future aid eligibility. Even working overtime to earn more can hurt you. Borrowing is often smarter, especially today. A PLUS (Parent Loans for Undergraduate Students) loan charges 4.86% interest, and that could fall (even on existing loans) with the annual rate review in July. For more on the loans, see finaid.org...

Author: /time Magazine | Title: Money: Bridging The Aid Gap | 4/14/2003 | See Source »

...late 1990s, Congress passed amendments he proposed to the Higher Education Act to cut student loan interest rates and to streamline the current federal financial aid system...

Author: By Emily S. High, CONTRIBUTING WRITER | Title: Congress Considers Bill To Penalize Tuition Hikes | 4/9/2003 | See Source »

...when the first missiles hit, ABC's Peter Jennings was nowhere to be found, hustling onto the set shortly before Bush addressed the nation. As if to redeem itself, the network stayed with the story longer than its rivals. NBC got riveting reports from Baghdad from Arnett, on loan from MSNBC's National Geographic Explorer--he welcomed incoming fire like a bracing morning shower--but anchorman Tom Brokaw should save his sentimental streak for his WW II books...

Author: /time Magazine | Title: Real Battles In Real Time | 3/31/2003 | See Source »

...existing lender, which, to avoid losing business, may agree to reset your rate for as little as a few hundred dollars in handling costs. With your current lender, you would avoid the risk of getting stuck in a paperwork jam at a new place, which might not approve your loan before the typical 60-day lock-in period expires...

Author: /time Magazine | Title: No Fear of Falling | 3/24/2003 | See Source »

...half-point lower than your old rate. Remember: even though you may not have out-of-pocket expenses, a refinance involves costs, including origination fees and title searches, that typically total 1% to 2% of the mortgage. You can pay those expenses up front or through a higher loan amount or higher interest rate. No matter how you pay, if the monthly savings do not cover the expenses within three years, stick with your current loan...

Author: /time Magazine | Title: No Fear of Falling | 3/24/2003 | See Source »

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