The media has a responsibility to inform. That includes writing and reporting on the issues surrounding each candidate and the policies and platforms proposed by them. They will and should write and talk about both the good and the bad. But they have an overriding responsibility to the public to get it right.
As the nation's full retirement age edges closer to 70, it means a 22-year-old college graduate has nearly 50 years to save and invest. That's why solid money habits built early can make an enormous difference, even for young people who can't afford to put away more than a few dollars a week at the start.
There's a promise we make to the next generation: Graduate from college and you can get ahead. Yet, as we make this promise, public higher education institutions nationwide are facing a troubling trend of disinvestment. Students deserve better, and now is the time to act.
College students and graduates have been feeling the effects of high student loan interest rates for several years. Luckily for those still in school, federal student loan interest rates have dropped for the 2015-'16 academic year.
The SEC alleges that ITT executives engaged in a scheme to hide looming losses from loans the company guaranteed to students attending its colleges. The company denies the fraud.
The global growth of handheld digital devices among younger people is transforming the way consumers are getting their information in general, and financial information in particular. On April 15, the 2015 Financial Literacy Summit brought together international financial literacy experts to discuss how mobile technology can improve financial literacy for today's young adults.
How can you make sure that your well-deserved break or once-in-a-lifetime trek doesn't compromise your monthly student loan payments? We have three ideas and examples to help you stay on top of your student loan debt while enjoying some R&R.
Given his past statements, it is fair to assume that Carson does not favor legislation as a device to make college more affordable, instead he favors more "elbow grease" and other private sector solutions.
Despite some recent bad press, for-profit education does create a path to education for many Americans. If you take advantage of it, understanding your student loan options is critical.
Nobody wants the bragging right about having the most student debt. How about facing a monthly payment of $850 for the next 20 years? Or maybe a $350,000 loan thanks to high variable interest rates? Unfortunately, these are real student loan nightmares that help make up the $1.2-trillion total debt facing graduates today.
With students carrying an average of nearly $30,000 in student loan debt upon graduation, many are left wondering how they'll payoff their loans. There are numerous repayment options for students.
Trade promotion authority that the White House needs for both the TPP and the TTIP is now hanging by a thread. A well-placed boot by Hillary Clinton would be the coup de grace. It would show leadership and political nerve. Some Wall Street supporters might get off her bandwagon -- and good riddance. She has plenty to spare.
Last week, Sen. Elizabeth Warren, the Senate's foremost advocate for lowering student debt and lowering the cost of college, received a petition signed by over 240,000 people. The petition called on Congress and the president to cancel all student debt.
Paying off student loans may seem daunting, but when loans are managed effectively, they are more than worth it for most borrowers. We've all (mostly) been there, and if you get overwhelmed, don't forget that there are lots of options to help you manage and reduce your payments.
Understandably, parents and students are elated upon finishing college or graduate school. Getting a degree is something to be proud of, however, academic success does not always lead to fiscal maturity.