About this episode

This episode features financial aid expert Will McGinley discussing the complexities of student loans and providing guidance for families navigating college funding.

Paying for college poses serious challenges for most families, but should understanding the rules around borrowing really be one of the hardest parts? Amy and Mike invited financial aid expert Will McGinley to offer guidance into decoding student loans. What are five things you will learn in this episode? Why are student loans such an important topic? How much do students borrow on average for their undergraduate degrees? What is the difference between federal DL, PLUS, and Private education loans? Which student loan option is best for most students? When should someone start applying for their loans? MEET OUR GUEST Will McGinley is an Account Executive for the PHEAA Keystone and PA Forward student loan programs. He brings nearly 20 years of financial aid experience to the role, most recently serving at Baldwin Wallace University, Ashland University, and Liberty University, in roles ranging from loan processing to Director of Financial Aid. His career has provided extensive experience presenting to students, families, and higher education colleagues on a variety of topics, including financial literacy, the financial aid process, and gap financing. He has also served on committees…

People in this episode

Hosts: Amy Seeley, Mike Bergin

Guest: Will McGinley

Topics covered

• student loans
• financial aid
• college funding
• borrowing rules
• financial literacy

Keywords

• student loans
• financial aid
• college costs
• borrowing
• federal loans
• private loans
• financial literacy

Mentioned in this episode

Organizations: PHEAA, Baldwin Wallace University, Ashland University, Liberty University, NCAA, OASFAA, EducationPlanner.org, MySmartBorrowing.org, Keystone Student Loans

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