Student debt has been a hot topic of discussion in Washington, Albany, and all around the country. Graduates are losing lifetime wealth due to college debt. Although this may be true, it may not be the entire issue.
The American Dream of owning your own home is becoming more distant for many millennials. From 2006 to 2011, consumers between the ages of 25 and 34 experienced the largest decline in homeownership of any age group, according to Census Bureau data.
Maher has been calling on viewers to nominate and vote for the worst members of Congress for his #FlipADistrict Campaign. Once a "winner" is chosen on September 12, Maher plans to throw that member of Congress into the national spotlight and help oust them from office.
How can I convince myself to go into journalism when I am uncertain if I will be able to handle the financial repercussions?
I was awarded more scholarship money than the cost of attendance, and as a result, received refund checks back each semester, totaling over $10,000 in the last two years of my college career.
My take-home pay is a little more than $3,000 a month -- and roughly 45 percent of that goes toward my student loan payments. When that much of your paycheck is eaten up, something's gotta give.
To win the future, we should be providing incentives to encourage our youths to pursue professional careers that are suffering from labor shortages, instead of making education more costly and taxing for them.
Companies in your sector and your trade association are opposing a rule that would motivate career colleges to provide higher quality programs, at more affordable prices. Your opposition to the gainful employment rule is hurting students, taxpayers, and our economy.
Before we start sending off troops to bring all the wonderful things we love about America to the rest of the world, maybe we should tend to our own affairs first. Let's take the log out of our own eye before we talk about the speck in the eye of other countries.
College matters. Education matters. Having a well-paying and satisfying job matters. Being able to live as free as possible from college debt matters. I don't believe the American dream for most people is to go to the most expensive Ivy League or most prestigious research institution, and then go on to become rich and famous.
My father was always reluctant to talk about his experiences in World War II, but he did speak often about one result of that service: Without the GI Bill, he'd never have been able to go to college.
Paying off student loans is, in effect, keeping young adults from investing in their futures. It's bad for them -- and bad for the economy as a whole. But it doesn't have to be this way.
Let me be clear. College is not right for everyone, but it undisputedly remains the ticket to socioeconomic mobility. We need to stop debating its value, and instead focus on ensuring more students have access to college.
Some of us were told to go to graduate school, taking on more debt, being advised that this would set us ahead of the competition. And after graduation we found -- and continue to find -- that the economy is still lagging.
It's a quintessential startup story: An entrepreneur spends months, if not years, and more money than they can afford to lose building and launching a...
I worked full-time and took out student loans to cover tuition. But even though I borrowed conservatively and only for tuition, I still walked away owing nearly $100,000.