For-profit colleges have been able to seize the opportunity to marry Internet classes with federal student aid to serve this degree-hungry population: the many thousands of students whose work and life schedules don't fit the "academic calendar.
With college debt soaring over a trillion dollars, parents and students are up in arms. It's no wonder why California students have started demonstrating and the Occupy Wall Street movement has taken up the banner too.
Knowledge is power, and in the case of financial education, knowledge is economic power, perhaps even economic destiny. Individuals, families, employers, communities and schools all have roles to play in ensuring that a secure economic destiny is available to all.
I am a college student who is really tired of hearing Congress argue about college. This week Senate Republicans rejected a bill preventing interest rates on federal student loans from doubling July 1.
The latest victims in Republican warfare are the most defenseless among us -- our children. By allowing student interest rates to double, we will once again hurt those who need financial aid the most, and once again further disenfranchise the already marginalized.
Youth employment is at a 60-year low. Student loan debt has surpassed $1 trillion. The Young Entrepreneur Council has been working diligently to develop young American entrepreneurs because entrepreneurship is a viable, practical solution to youth un- and under-employment.
Today, April 4th, 2012, marks the 44th anniversary of Dr. Martin Luther King, Jr.'s assassination. It's a good time to reflect on the state of not only Dr. King's dream, but the American dream at large.
The real debt in this nation is the one that bankers owe the rest of the country. And as long as our politicians are allowed to rescue banks while ignoring consumers, it's a debt that will continue to go unpaid. And it will continue to grow.