Washington has failed young Americans for too long. Millennials struck out with Congress and the White House, winning nothing but minor concessions as their financial and job fortunes continue to stagnate. Now they're striking back.
We are better than this and deserve a member of Congress that represents the people, not simply those who bankroll their re-election campaign.
Given their mission, there is a rough road ahead for HBCUs in trying to reconcile low graduation rates, high loan default percentages, and low entry-level salaries for those who graduate against the rising definitions of value in higher education.
When it comes to debt, there really are no free lunches. Indeed, it is always harder to get out of than it is to get into. The best thing you can do is to change your own thinking when it comes to money. When you are in debt, even the price tag has a price tag.
When loan servicers fail to consider the reality of individual living conditions while expecting us all to be able to manage the same monthly payments, it is not only wrong, but the underlying assumptions are intellectually dishonest.
In seeking to block Obama's "gainful employment" rule, which would penalize career colleges that consistently leave their students worse off than they started, the industry's arguments have been as misleading as their tactics have been unscrupulous.
Social mobility in the United States is at or near its lowest point in modern history. A nation that prides itself on the "only in America" myth has fallen far behind other countries in this, the primary measurement of an equal-opportunity society. In the midst of this class ossification, higher education remains a powerful tool for social mobility.
If you are in your 20s and in debt it can seem like a gargantuan task to throw that monkey off your back. Do not despair my young friend. It may seem impossible to clear that debt, but it's actually much easier than you think.
There's a fiscally responsible way for us to do for deserving college grads what we did for Wall Street and big business.
High achieving college students (and their parents) may be thinking more along the lines of how to use this time to get a leg up on spring semester. So what's a high achiever to do?
Dear Sallie Mae, I would like to thank you for lending me a massive amount of money so that I could get a higher education. I wouldn't trade my time ...
Students around the country have families who have been evicted from homes; parents who have used their retirement accounts to pay the mortgage until it ran dry; rent and student loan payments that leave them with less than 50 dollars a month with which to buy food.
In my own personal experience as a middle class student in the top 1 percent of my class, I've had to reconsider my college choices due to finances.
If this proposal passes as is, I fear the benefits of education will not outweigh the burden of debt for most Americans. Education is a key component to the economic success of a country, but in America, it is becoming a more of a financial hindrance than a career gain.
In July of 2012, after a two-year investigation, the Senate HELP Committee released a scathing report on the for-profit college industry. The investig...
Being student-loan-free means I'm old. As in, I should have my life figured out by now. I should be married (which I'm not), have kids (which I don't) and know what I want to do career-wise (again, I don't). I'm almost 29 and don't know what the rest of my life will look like.