12 Quotes by Mark Kantrowitz

There are very few scholarships that give money simply for breathing. Probably most of the scholarships are merit-based. Awards that are need-based tend to be loans.

If it sent out rejection letters, it would have no money to give away.

It is and it isn't. It is from the point of view that rates are the lowest they've ever been.

The raw odds are 1 in 25 (in getting a scholarship), ... And the average amount received is about $1,600. If you're just a random student, C average, no interesting hobbies, you're unlikely to get aid.

The Deficit Reduction Act had a lot of cuts, and it had a couple of good things. These are the good things. One step forward, four steps back -- that's the way I characterize the legislation.

Anybody who hasn't consolidated should consolidate before the law goes into effect. The appeal of consolidation under current law now is you're taking a variable rate and locking in at a fixed rate.

This is a no-brainer. It's worth your while to consolidate now.

It's a no-brainer at this point. You want to consolidate before rates rise,

It's definitely the dark ages for federal support for higher education.