Preparing for the end of the federal student loan payment pause: 3 essential steps for borrowers
Is your budget about to take a hit? After 3 years of deferment, federal student loan payments will soon resume for close to 43 million borrowers. If you haven’t been making payments during the deferral period, you may feel the squeeze when your student loan bills come due this fall. Here are three steps every…
By Jared Reinstein
July 3, 2023
Student Debt Relief Plan: What you need to know
President Biden and the U.S. Department of Education announced a plan on Wednesday, August 24, to provide further assistance to federal student loan borrowers. If you have private loans only, unfortunately this won’t apply to you. But this is an exciting announcement for millions of borrowers with federal student loans. Long story short, if you…
By Lauren Russo
August 26, 2022
College Planning Glossary
Berkshire Money Management’s 2022 College Planning Glossary Our college planning glossary is designed to help students and their families navigate the complex college financial aid process. Click here to download the glossary and start making sense of college financial aid today. Our team of experienced planners and advisors at Berkshire Money Management is…
By BMM
April 5, 2022
College Planning: Where to start?
Does the word “college” give you heart palpitations? You’re not alone. In fact, far from it. Data from Statista says there are approximately 17,245,000 high school students across the U.S. in 2022. That’s a LOT of students. And a lot of stressed parents and family members. Whether you’ve gone through the college application process yourself…
By Lauren Russo
March 22, 2022
What’s a FAFSA?
The Free Application for Federal Student Aid (FAFSA®) is an online form used to assess your family’s financial ability to pay for college. It’s free to apply, but you will need to set aside some time (and mental energy) to devote to completing it. To begin, both parents AND the students will each need to…
By Lauren Russo
March 15, 2022
How dreams come true at BMM
Two of our clients, a husband and wife on the West Coast, are successful entrepreneurs raising three beautiful children. Their oldest child is a freshman in high school and an elite athlete, traveling the United States and Canada playing hockey. During a portfolio review at their kitchen table, they told me that their son’s dream…
By Peter Coughlin
June 12, 2019
