NEW YORK – American shoppers, taking advantage of deep discounts and tax-free holidays, opened up their wallets a little more for back-to-school spending compared with last year, giving some retailers better-than expected gains for August. The results provided a sliver of hope for the recovery amid an unrelenting batch of bad news, from slumping home prices and high unemployment, that have pointed to a stalling economy and set up dire expectations for the back-to-school shopping season. Still, the retailers’ gains mask underlying weakness in consumer spending as they’re being compared with declines a year ago and worries still abound about the critical holiday season.
Heading back to college or going away to school can be an exciting and expensive time in a student’s life. There are people to meet, interesting courses to study, tuition to pay, and textbooks to buy. After the excitement wanes though, it’s not hard to feel discouraged by the big bills that need to be paid
NEW YORK – Stores and manufacturers always try to court kids during the all-important back-to-school season, but now that engagement means interactivity, not a flier with coupons or a catalog full of smiling children clutching notebooks.
Until recently, banks and other private lenders have made it hard for anyone to shop for college loans, in some cases because they didn’t want to compete by cutting profit margins . But several web entrepreneurs and state agencies have developed new tools to help students and parents find private loans that, in June of 2010, charged as little as 1.78 percent in interest. [Read 7 Ways Private Student Loans Are Getting Better ] Before shopping for private loans, students and parents should first apply for federal student aid , including low-cost government loans, lenders say.